Is your bank account freeze due to P2P Scam? Then don’t worry, here I will tell you everything what you need to do to unfreeze your bank account
Nowadays Crypto becoming popular day by day, thousands of people joining on Crypto daily, but when they want to Cashout from Crypto many trader prefer p2p as it is best way to avoid tax and also get Good Price.
But there was a problem on P2P , many people complaining that their bank account getting freeze because of doing p2p transaction. So here I will provide you solution to unfreeze your bank account and how you can avoid to become victims of such ongoing scam.
How to Unfreeze Your Bank Account
To Unfreeze your bank account you need to follow below process:
- Know why your bank account freeze
- Get complaint copy
- Contact Cyber cell
- Share all the proof & source of Fund
- Get NOC and done!
- Now Your account will be activate within few days
It looks very easy right but not actually, to do all the below steps you need to work a lot. You may feel depressed while doing all this, but tention not, I am here to guide you step by step.
Full Guide to Defreeze Your Bank Account Step-by-Step
Know why your account frozen: The first thing you need to find out actual reason for why bank taken such action, bank only freeze account if they detect suspicious activity, Lots of Transaction or Order from Cyber Cell Police
Step 1. So first of all, visit your nearest branch and ask them why your bank account blocked.
If bank manager refuse to provide reason or they won’t talk well, then just leave from there and write a mail to bank support.
Just write like this:
Subject Line: Why My Bank Account Frozen
Dear sir/mam My name is ‘Your Name’ from ‘Your Location’ , I have a Saving/Current bank account, recently i received a message that my bank account withdraw has been blocked, I have visited my branch to know the reason but branch manager not providing any details, please kindly let me know why such action taken and what is procedure to regulise my bank account.
Thanks & Regards:
Your name
After sending mail , open X ( Twitter ) and search your bank , mention same thing and also DM to your bank X handle (for faster solution)
Step 2: Within 2 or 3 days you may receive a response with full complaint details (Some bank might tell you to visit nearest branch to know the reason) if said then do it and then if again manager refuse, send mail again.
Step 3: So once you able to know for which transaction your bank account freeze, just find out who paid that amount and report that crypto sold out transaction on exchange
To report someone for P2P Fraud
- Open which exchange you used
- Contact support
- Provide them transaction details
- Tell your bank account freeze because of that transaction
- Now, his account will be suspended till your bank account fix
Once his account get suspended, he will definitely contact you and also try to short out the issue if the guy is genuine, but if not he will not gonna contact you , maybe he had been withdrawn USDT from exchange so he don’t care whatever happens to his account.
Step 4. Now, contact to the cyber cell from where your account been frozen, (Cyber cell name, number will be mentioned with complaint copy)
If not mentioned number, then you can Google it, (I know you will get it for sure).
Just call them and ask why they freeze your bank account, share the acknowledgement number, if they ask you to visit their station and if you can go then you can visit there to solve it faster.
But if you can’t, then tell them you can’t go and share the reason (Tell them due to financial condition) it might work 🙂
Also tell them you are ready to corporate with them, whatever is required you are ready to share through mail or By post
Your local cyber cell might help you if they want but mostly cases they refused (You can visit your nearest cyber cell once to see if they can help or not)
So now once you share them whatever they ask, you are clean from your side. They might ask you why this money comes to your account (You can easily share proof ), can also ask you to send your ID roof , Bank Statement etc (do send whatever required)
Once you send them everything now just wait and wait, because they are very lazy, they might forget to check your mail so just keep calling them to get update.
They will file petition after 1 or 2 month or some cases taken more , if everything is OK , and they belive you are actually an innocent, they will send NOC to your bank
That’s it, just inform your bank now, all the problems shortage, check the mail and Defreeze my account.
Once your account Unfreeze, you can do transaction, withdraw money freely.
Unfreeze Your Bank Account from Bank (No need to visit cyber cell)
Ok, I will not go through cyber cell process here, as it takes a lot of time. Simply if your bank account having high amount and you want to use your account without waiting months. There also having option.
To unfreeze your bank account without visiting cyber cell follow below process:
Once you get complaint details for why your account blocked, send a mail to your bank support by writing this
Sir/madam my account have been frozen due to a cyber cell complaint ( Mention layer) , I do not have any direct relation with that complaint, I have evidence for why I received this money to my account, I am ready share whatever is required, please request you to unfreeze my bank account and keep lein disputed amount.
Thanks & Regards: (Your name)
If bank tell you they won’t do anything, they can only regulise your account after receiving NOC from cyber cell.
Then again write a mail again, this time you have to become a bit of hard
Hello, as per order from high court bank can only hold disputed amount, you can’t freeze my whole bank account, I have personal life, I need money for my daily life, it’s my money bank have no right to freeze my account.
Please checkout what high court said regarding bank account freeze, if anything required I am ready to corporate, just Defreeze my account and keep disputed amount on hold. If still you guys are not ready to regulise my account, i will go through RBI complaint.
Mention this Kerala High Court Judgement article link on the mail-
Now 99% chance that , they will ask you to visit your nearest branch with KYC for biometric update.
Now just visit your branch with KYC and do biomatric update.
That’s it, now within 2 or 3 days your account will unfreeze.
Note: This works on HDFC bank very well, some bank might ask you to File FIR then , share them FIR copy and your bank account will be unblocked after doing KYC update.
Hope i’m able to guide you properly about how to unfreeze bank account , if still you guys have any you can contact me directly for paid service.
How Bank Account Freeze by Doing P2P?
Mostly newcomers have very less knowledge about Crypto and ongoing Scams, they suddenly thinks they can make profit by selling and buying USDT.
Yes USDT! As it is a stable Crypto which used to buy and sell other Crypto with exchange of USDT.
There are fews types of People Facing Bank Account Freeze Issue
- Buying Low and Selling High of USDT to Make Profit Daily
- Sold USDt through p2p to Avoid TDS or Tax
- Getting Good Price in P2P below Rs.92 to 100
Maybe you are of of them, Greed is main reason people fall in this trap.
Now let me tell you why bank account freeze when you haven’t done anything wrong?
It is very common question cones in mind first when someone’s account freeze.
Well, it’s called money circulate , by anyhow some fraud money comes to your account and due to this cyber cell track and tell your bank to lein or freeze the fraud amount.
Let me explain you:
You have some USDT (Crypto) and you want to sold it to get INR , you transferred usdt to any exchange to sell it, you choose p2p option and there are lot’s of ads who need USDT.
Some need usdt at 88Rs , some need 90, some 92, you choose one of them who gives best price, you placed sell request order > buyer got notified > he sent money to your bank account directly> you received the fund > then finally you released USDT (Deal Closed)
That’s how P2P works, but after few days your bank account freeze, you didn’t know how, as you haven’t done anything wrong then why?
There are Several Reasons:
1. Most common reason is the person who bought usdt from you, he might have done fraud with someone on Telegram or anywhere then he used that fraud money to buy usdt.
Victim must have filled a complaint against fraud , as nowadays making complaint very easy through online cyber portal, so once victim make complaint, cyber cell start tracking the money , first they block culprit bank account, if money transferred to other account then cyber cell request to block other accounts too.
It means if you transfer the fund to any other bank account, and your bank account having less balance than which police need to recover then other fund transferred account will also freeze.
Example: Victim Total fraud Amount 1.lakh > culprit purchase usdt from you Worth 30,000 INR > Cyber cell need to recover total 1 lakh
If culprit account have less than 1 lakh balance then police will track where fund transferred and will start freezing those bank accounts to recover 1 lakh. But if culprit account have fund 1 lakh then only culprit account will be frozen. ( They also mention layer while freezing accounts)
2. Buyer itself a Fraud person
Who bought USDT from you , that person can make complaint on Online Cyber Portal by telling that he have paid for something but he didn’t receive. In this case your account will freeze too.