yes, this is the point.
Imagine you get a big player in a specific month and that player loses 20K and makes you 6K comission. If the player asks to close his account, you will not be paid your 6k, but EP will get their 20k profit anyway. This is simply nor fair, or as you said, we should give it a more accurate name. And I am sure they will never credit your account again if you don't notice this "bug". This is the proof:
quoting Robin,
"tech explained that because the player requested to be frozen we cannot change that status and therefore we are only able to change your balance manually."