Can my company’s Uzbek bank account be frozen?

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Accepted Answer

Only on your instruction, an investigator’s decision or a court — and only to the sum named. You Operations run on the account holder’s instruction. Or Or where funds are attached — by decision of an official conducting a pre-investigation check, an inquiry officer or an investigator, or by court ruling. Capped Only to the sum in the decision — an attachment reaches the amount named and no more. Court For business entities, suspension goes through the courts — save where legislation provides otherwise. Two protections sit in one paragraph and both are worth knowing. An attachment is capped at the sum in the decision, so a claim over part of your balance does not freeze the rest of it. And for a business entity, suspending operations is a judicial act rather than an administrative one, save where a statute says otherwise. A request to suspend debiting across every account you hold can be formed only by the bank that opened your main deposit account, and only in the cases legislation provides for.

Can my company’s Uzbek bank account be frozen?

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