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  • Blacklisting a client
  • Flagging a savings account as dormant/inactive (currently being implemented)
  • Flagging an account if there are suspicious activities like illegal entries or fraud
  • Guaranteeing a loan (implemented)
  • Compulsory Savings (i.e. 20% of loan amount) 
  • Holding an account for passbook loss
  • Death of an accountholder
  • Inactive/dormant accounts and rules for escheatment
  • Emergency or national natural disaster
  • Portfolio being transferred or bought by another institution
  • Locking after X days in arrears 
  • Bankruptcy/financial distress (

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  • Flagging of the account could simply be for notification and informational purposes
  • Flagging could be used to block transactions or place funds on hold.

See Also

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