How to Check for Unclaimed Money and Lost Funds in Australia? Millions of Dollars Could Be Yours
You could be among half a million people in Australia who have unclaimed money that is just sitting there. The Australian Federal Government's lost money fund is holding millions of unclaimed money that is waiting to be claimed and some of these amounts could be yours.
Anyone can have unclaimed money and not even know it because they do not know how to search for unclaimed money for free. The amount could be from a few dollars to thousands of dollars. Whatever the amount, most of us can do with some extra cash any day.
More than half a million Australians have unclaimed funds with the government and they don't even know it. The government has information on who is entitled to these claims but it cannot find these people because people do not update their contact details when they move to a new place.
Some people might have bank accounts managed by their parents when they were young. Others forgot they still have money in old bank accounts or payouts from super accounts, monies from life insurance, credit unions or shares portfolios. Some people couldn't be bothered informing their banks or closing their accounts when they move interstate or overseas. After many years, they would have forgotten they still have these bank accounts and investment accounts that had been sitting there quietly earning some interest.
If you have not accessed your bank accounts and building society accounts for more than seven years, the money is transferred to the lost money fund by the government. Other unclaimed monies could be from inheritance, investments and shares portfolios of relatives and loved ones who had died without leaving a will or contact information.
The Australian Securities and Investment Commission (ASIC) is trying to clear some, if not all, of these unclaimed funds. All you need to do is to look up the internet and see if you have any unclaimed money. If you have, you will need to provide some form of proof or identification that the money is yours. You can do an online search for unclaimed funds by providing your full name on ASIC's website. If you have found what you are looking for, you should lodge a claim at ASIC's website.
Useful links for claims
- Claim money from bank accounts and bank dividends
Find out how to claim your unclaimed bank account money and unclaimed bank dividends. Visit ASIC's MoneySmart website to learn more. - Claim money from life insurance policies | ASIC's MoneySmart
Find out how to claim you unclaimed money from life insurance policies. Visit ASIC's MoneySmart website to learn more. - AUSfund Leading Unclaimed & Lost Super Fund
Find your lost or unclaimed super with AUSfund. Your lost or unclaimed super may be held with AUSfund. AUSfund is a no cost service that helps reunite Australians with unclaimed and lost super
Improve your personal finance
- How to Learn Stock Trading - Information and Useful ...
Every new trader should learn the basics of stock trading before they trade on the stock market. Useful information for those who want to learn how to trade on the stock market. - How To Setup A Stock Trading Business At Home
How to do online trading and work from home. This is a list of equipment and items required to start a trading business at home. - How To Make More Money in Trading The Stock Market S...
The important factors in stock trading is to be able to follow strict trading rules and having self-discipline. This is a list of guidelines to help stock traders succeed in their trading business. - How to Use Money to Make More Money
Have you ever thought of using your money to make more money? People do it everyday without being employed and you can be like them too. - Top 10 Best Trading Books Every Serious Stock Trader
Whether you are new to trading or you have been trading for many years, there are books that every trader must read because it is one of the best ways to become more successful and improve profitability in trading. - How To Make More Money & Trade The Stock Market
The important factors in stock trading is to be able to follow strict trading rules and having self-discipline. This is a list of guidelines to help stock traders succeed in their trading business. - How To Make Money Online With Amazon MTurk
Useful information on How To Make Money Online with Amazon Mechanical Turk. - How to Work For Yourself and Make Money
Learn how to work for yourself at your own hours and make money online. Great ideas on working at home with home business.
© 2012 lady rain