{"id":1006,"date":"2015-02-03T13:21:18","date_gmt":"2015-02-03T13:21:18","guid":{"rendered":"http:\/\/www.mayalavy.gnssweb.co.il\/en\/?p=1006"},"modified":"2019-01-16T07:39:42","modified_gmt":"2019-01-16T07:39:42","slug":"termination-of-strict-restriction","status":"publish","type":"post","link":"https:\/\/ml-law.co.il\/en\/termination-of-strict-restriction\/","title":{"rendered":"Termination of Strict Restriction"},"content":{"rendered":"<p>Our office specializes, in addition, in prevention and\/or termination of strict restriction on bank accounts.<\/p>\n<p>A restricted bank account is an account from which 10 checks bounced during a period of 12 months.<\/p>\n<p>A strict restriction is declared when (a) a client&#8217;s account has been restricted twice during a period of 3 years, or (b) another account belonging to the client is restricted (even if the account is in a different bank), in this case, the client becomes strictly restricted.<\/p>\n<p>&nbsp;<\/p>\n<p>An account that is restricted under strict circumstances is subjected to heavy sanctions such as a prohibition to write checks from any account, and the prohibition of opening a new checking account, for a period of 2 years.<\/p>\n<p>The implications of a strict restriction affect also the partners of the bank account owner.\u00a0 This hurts not only in the client&#8217;s business relationship, or other people, but also his immediate partners.<\/p>\n<p>It is imperative to contact our office already at the moment where there&#8217;s some suspicion regarding restricting the bank account, meaning before a bank notice arrives from the bank.<\/p>\n<p>Do not hesitate.\u00a0 Contact us immediately and get ahead of the situation.<\/p>\n<p>Do not take the risk and the severe harsh consequences of a strict restriction.<\/p>\n<p>The considerable experience of our office will assist you in preventing the restriction, or even remove it completely.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our office specializes, in addition, in prevention and\/or termination of strict restriction on bank accounts. A restricted bank account is an account from which 10 checks bounced during a period of 12 months. A strict restriction is declared when (a) a client&#8217;s account has been restricted twice during a period of 3 years, or (b) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[58],"tags":[],"class_list":["post-1006","post","type-post","status-publish","format-standard","hentry","category-general"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Termination of Strict Restriction - Adv. 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