legal basis. Article 243rd of the Procedures of Public Security Organs for Handling Criminal Cases: The time limit for freezing deposits, remittances, securities trading settlement funds, futures deposits and other property is six months. The maximum duration of each time shall not exceed six months. For major and complicated cases, the time limit for freezing deposits, remittances, securities trading settlement funds, futures deposits and other property may be one year with the approval of the person in charge of the public security organ at or above the municipal level. The maximum duration of each freezing shall not exceed one year. Article 247 If the frozen property is found to be really irrelevant to the case, it shall notify financial institutions and other units to lift the freeze within three days, and notify the owner of the frozen property.
account cancellation refers to the abbreviation of canceling the bank account of the account opening unit. Due to the cancellation, merger or migration of institutions and other reasons, when it is required to cancel the bank account, it should go through the cancellation procedures with its bank. When canceling the account, the unit must check the balance of the deposit (loan) account with the bank, and then settle the balance of the deposit (loan) with the relevant vouchers issued by the unit, and return all kinds of blank and important vouchers. After the cancellation of the account, all the problems arising from the failure to return the blank important vouchers shall be borne by the cancellation unit. When a current savings depositor asks to close his account, he should withdraw his passbook and cancel it.