1, the scope of application is different: stopping payment is usually applicable to credit card accounts, and freezing is generally applicable to bank card accounts.
2. The objects proposed are different: the credit card payment can be proposed by the cardholder or the bank; The freezing of bank cards can be divided into judicial freezing and bank freezing, which are usually required by courts, banks, industrial and commercial departments or tax authorities.
3. Different implementers: Stop payment is a management behavior, which can be actively implemented by the bank or account holder; Freezing is a judicial act and can only be implemented by judicial organs.
In addition, account payment generally lasts for three days, that is, 72 hours, and sometimes it may be 48 hours. When the bank finds that there is a problem with the account flow and triggers the relevant modules of the financial system, the banking system will automatically stop the payment operation, resulting in the inability to transfer the account funds.
What is account stop payment?
Account stop payment means that the bank suspends the use of the account. Account stop payment usually means that the bank suspends all or part of the cash payment and fund transfer in the designated account. Account stop payment is a precautionary measure implemented by banks to strengthen account management, ensure the safety of funds and prevent the negative impact caused by fraudulent use of loss reporting cards. No cash withdrawal business can be handled for the account in the stop payment status. After payment is stopped, the newly entered amount cannot be used for payment.