Name of the Organization : Australian Securities & Investments Commission
Type of Facility : Find Unclaimed Money
Country : Australia
Website : https://www.moneysmart.gov.au/tools-and-resources/find-unclaimed-money#claim
Find Unclaimed Money :
Find your lost money
Do a search:
You can search for the unclaimed money held by ASIC using MoneySmart’s unclaimed money search tool.
Related : Australian Securities & Investments Commission Lodge Company Documents Online : www.statusin.org/6983.html
Search MoneySmart’s Unclaimed Money for lost money from banks, companies (shares & investments) and life insurance policies.
How to lodge a claim:
If you used ASIC’s Unclaimed Money Search and found some money, you should lodge a claim. Use the links below that best describe the type of money you are trying to claim.
How long will your claim take?:
It takes ASIC 28 days to process your claim.
How long before bank accounts become unclaimed?:
Bank accounts now become unclaimed after 3 years. This changed from 7 years in December 2012.
Interest paid on unclaimed money :
Interest is paid on unclaimed money, calculated from 1 July 2013. Find out more about how interest is paid.
Been asked to pay for a search?:
If you have been asked to pay for an unclaimed money search or received a letter from a private money search company asking you to pay them to find your money, remember, you can use ASIC’s Unclaimed Money Search for free, right here on our website. ASIC does not ask people to pay for searches.
Stop your money from becoming unclaimed:
To stop your money from becoming unclaimed:
** For bank accounts – Make a small deposit (even 5 cents will do) or a small withdrawal once every 2 to 3 years
** Keep in contact – Keep in touch with the company or financial institution and tell them your new address when you move
Where does unclaimed money go?:
Money lodged with ASIC is transferred to the Commonwealth of Australia Consolidated Revenue Fund but is available to be claimed at any time by the rightful owner. There are no time-limits on claiming this money.
What results are shown?
Data shown on this unclaimed money search is the result of lodgements from various banks, building societies, credit union, life companies, friendly societies and registered Australian companies. ASIC does not guarantee the quality or consistency of the input data as this information was supplied by the various institutions.
What is an Original Transaction Number (OTN)?
Each unclaimed money record within this database is given a unique OTN. When you find a relevant record (by searching your name), record the OTN as you will need it to make a claim. The OTN will also help you relocate that record in future and will assist ASIC if we need to discuss your claim.
Do I use my name or the deceased person’s name in a life insurance policy search?
Records relating to life insurance policies vary slightly to that of banks and companies as the policy owner may be different from the life insured. When you do a name search, both of these names are searched. For example, if you search for ‘Robert Smith’, any life policy which has Robert Smith as either the owner of the policy or the life insured will be displayed.