👉 Percanceling is a process in finance where an account is closed, or canceled, and then reopened. This typically happens when a financial institution decides to close an account for a period of time, usually for 30 days (or any other specified length), without giving any reason for the closure. The purpose of this action is often to allow a customer to review their finances, make adjustments, or to simply clear out an account that no longer serves a need. Percanceling can
