Not necessarily.
In law, there is distinction between absolute ownership (Roman Civil Law::dominion) and qualified ownership (Roman Civil Law::servitude).
To be honest, there wasn't even absolute ownership in English Common Law save the radical title of the King.
As far as states go, all ownership is subject to the state (as far as they are concerned).
1) No one owns an ACCOUNT. The account is the property of the issuer, in this case, the bank. An account is a chose in action (right to sue for recovery of a debt owed). Interestingly enough, taxes are a chose in action of the king (or government). Not only that, the legal title of the notes transfer from the depositor to the bank. The bank becomes the legal owner of the notes deposited into the account.
A levy and a withdraw are different beasts. A levy has to do with taxation (or conscription into a martial force). A withdrawal has to do with a deduction of funds from the account to the requester.
Foreclosure is another beast all together. Foreclosure is the final action a creditor will take to recover property pledged as collateral for a debt based on a CONTRACT the debtor indorsed.
Under Common Law, creditors had more power than they do now, believe it or not. Quite a few protections have been put into the law since medieval English times in protection of the debtor.
You don't even what to know how insolvents were treated under Common Law
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Originally in Common Law, only men of note had first and last names. Those names were recorded by the private families. This was for purposes of inheritance of passing on titles and property.
The liabilities of ownership also comes from customs of Common Law. Owner of property or holder of title was subject to the King's dues. This was primarily providing military aide as well as funds to ease the King's wants ....