Under the Banking Law, the legislature exempts the bank from liability for any damage that may result from the good faith performance of duties related to the application of a block on a bank account.
This is because, according to Article 106a (10) of the Banking Law, if in the course of the proceedings it turns out that the implementation of the blockade was not related to crime or the concealment of criminal activities. The State Treasury shall be liable for the damage resulting from the implementation of the blockade of funds in the account.
The liability of the State Treasury is actualized when the following conditions are met:
1. damage has occurred,
2. an order was issued to block the account on suspicion of crime or concealment of criminal activity,
3. orders of discontinuance/conviction of acquittal were issued and,
4. there was a causal link between the damage and the blocking of the account.