Unclaimed Bank Accounts
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Do you know that you could have unclaimed money sitting within a bank account? You would do what anyone else would do, that is simply assume you don’t have such a bank account. That is where most people are mistaken.
Why you may have Unclaimed bank Accounts?
Lot of times any business transaction requires us to open an account at a specific bank or branch. Now for the sake of performing that transaction we open a bank account, complete the transaction and are happy. Due to the busy nature of our lives, very few times a person does not care about closing these accounts. If you haven’t closed any of these accounts, there is a good possibility that it is still floating around with that security deposit/ opening fee or interest waiting for you to claim it back?
It may have been that you did not close that bank account due to completing further business transactions elsewhere. The transaction maybe small, or it maybe big but you may be entitled to some money back. Say you are getting a few extra dollars a month and after two or three months and you really don’t need the bank account, so you forget about it. What are the chances that you remember after three months that you had an account that’s going to pay you a few dollars each month?
Speaking generally there are many accounts having more than $500 which go unclaimed every year. According to unclaimed monies act 1995, any account staying dormant or unclaimed for seven years will be subject to the act. Because of this, many bank accounts over the years have gone unclaimed. These unclaimed bank accounts are your hard earned money that you don’t want to squander it away.
We are the best company in locating such unclaimed bank accounts, and we do it in a matter of few clicks. If you are a true bred Australian, then we think that you will have at least one account which has gone unclaimed over the years. You’ve have got to try our services!!!
