Unclaimed Money Search: Who Qualifies and What You Get
Find out if you have forgotten bank accounts or shares and learn how to retrieve your lost money for free.
This service allows you to search for and identify money that is being held because it has become inactive or forgotten.
Who it's for
This service is designed for any individual who may have forgotten about old financial assets. This includes anyone who might have left behind bank accounts or shares that they no longer actively manage. If you have moved house, changed names, or simply lost track of old accounts, you may qualify to search for these funds.
What you get
The primary benefit is the retrieval of forgotten funds. If the search identifies money held in your name, you can begin the process of getting that money back. This helps ensure that your personal capital is not left sitting in a government-held state indefinitely.
What it costs you
Searching for your money through this official process is completely free. There are no fees charged to use the search tool to see if any unclaimed money exists in your name.
The catch to know
It is important to understand that the process is not always instant. It takes time for banks to process inactive accounts and transfer that "lost money" to the government. Because of this administrative delay, there may be a gap between when an account becomes inactive and when it appears in the search results.
How to apply
- Go to the official Moneysmart portal to access the search tool.
- Enter your personal details carefully to ensure the system can match you to any existing records.
- Review any results that appear to see if the funds belong to you.
- Follow the specific guidance provided on the portal to claim any money you have identified.