Seniors Urged To Check For Unclaimed Money

Anyone can check for unclaimed money on the Revenue NSW website, but older people have specifically been encouraged to check NSW’s online unclaimed money service.

The free service is offered by the NSW Government to get money back in the hands of its owners.

The forgotten money held by Revenue NSW includes share dividends, trust accounts, refunds, commissions, deceased estates and money from a range of other sources.

Claiming money can ease the cost-of-living pressures seniors might be feeling by ensuring they receive what is rightfully theirs.

It is as easy as submitting a claim online.

The Unclaimed Money register is a caretaker account within Revenue NSW for money which has not made it to the correct owner for any number of reasons including a change of address or name, misplaced paperwork or it has simply been forgotten.

Revenue NSW periodically carries out data matching activities and attempts to contact potential owners of new items received from enterprises.

Seniors can search for unclaimed money and learn more about the process at https://www.revenue.nsw.gov.au/unclaimed-money.

Examples of money owed, include:

• Refunds and overpayments from a purchase;
• Sale of property, goods, or services;
• Deposits and premiums;
• Principal and interest;
• Share dividends;
• Cheques that have not been cashed or deposited;
• Trust account funds;
• Commissions;
• Creditors; and
• Expenses.

• Topics:

• Seniors
• Finance