The account freeze in criminal proceedings is, in the legal sense, a seizure of a claim which an accused person or a third party is entitled to against a financial institution.
Frequently, the account freeze is not limited to the mere seizure of the claim, but the access under criminal procedure is combined with a prohibition to notify the bank's customer.
Here you can find out when this is the case, how and within what period the notification must be made.
Attorney Markus Huber will be happy to provide you with further information on this topic.
Please do not hesitate to contact us.