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CCRIS, CTOS, Blacklisted by Bank, Whats The different.
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jj_glimpsedream
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Jan 12 2011, 12:09 AM
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Getting Started

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Blacklisted can put money as FD in banks?
Will the bank freeze your money aside and automatically deduct it to your owing bank?
One of my client experience this but not FD account is normal saving account.
And can CRIS/CTOS check that you have a FD Account?
Anyone know any info regarding this?
This post has been edited by jj_glimpsedream: Jan 12 2011, 12:40 AM
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jj_glimpsedream
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Jan 12 2011, 06:48 PM
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Getting Started

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QUOTE(b00n @ Jan 12 2011, 01:47 PM) All your assets would be freeze at the point when you are being declared bankrupt. Thus once you're a bankrupt person, you wouldn't be able to open an account in any of the financial institution. However, FD or any saving/checking accounts is not being published in CCRIS or CTOS report. How if the person is a blacklisted? That means CCRIS or CTOS wont know that a person have any savings or FD accounts am I right? Then will the owing bank know that the person own a FD account? Is it by checking in Bank Negara?
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