can a bank freeze your account when other irs ach is deposited into your personal account?

3 Answers

Relevance
  • 1 decade ago
    Favorite Answer

    If the name on the ACH transaction does not closely match the name on the account the bank will reject the deposit.

    I've never known a bank to freeze an account for a single name mismatch but rejection of the transaction is standard procedure.

    A bank might freeze an account if a large number of ACH transactions hit with different names on each transaction.

    Source(s): Used to work in the banking industry
  • 1 decade ago

    Dear MG: If they have been compelled to do so by an agency - YES!

    Court order etc.

    This advice was prepared based on our understanding of the tax in effect at the time it was written as it applies to the facts that you provided. Click on my profile to read more. Errol Quinn Enrolled Agent

  • Anonymous
    1 decade ago

    Are you saying that you tried to have someone else's tax refund direct deposited into YOUR account? Yes, that would raise questions.

  • Anonymous
    1 decade ago

    Sure as more than 2 would be a symptom of fraud.

Still have questions? Get your answers by asking now.