What Happened to My Old Bank Account That Got Closed?

Do you have an old bank account that you haven'tWARNINGS about Your Unclaimed Money Search
touched in a while? You might be surprised to findMake sure to conduct your search in a database that
your bank account has been closed and the bank nohas money from all 50 state and federal unclaimed
longer has your money!money databases
Where is your money? Why did they close yourA bad database may not find all the money owed to
bank account? Can this be fixed? This article will tellyou. A good database will not only search the name
you what happened to the money in your bankyou enter but will also variation of your legal name.
account and how to get your missing money back!This is key to make sure ALL unclaimed money
What Happened?owed to you is found.
After a bank account has been dormant for a coupleDon't look for only old closed bank account money.
years with no activity the bank will attempt toYou may be owed other types of unclaimed money
contact the account owner. This process may alsoyou are completely unaware exists. For example, you
begin if your bank account statements and othermay be owed old utility deposits, dividends, child
correspondence are returned undeliverable by thesupport payments, inheritance or many other places
post office.unclaimed money may come from.
Often with old dormant bank accounts the contactCan I Re-Open My Closed Bank Account?
information on the accounts may be not be current.This is an issue to take up with your bank. You will
If the bank is unable to reach the account owner andmost likely have to open up a new account and will
the account has laid inactive for about 3 years orprobably not be able to have the same account
more the account will then be closed and the moneynumber. However, having an account that is closed
in the account will be transferred to the stateand transferred to the state as unclaimed money
treasury department to be held as unclaimed money.does not leave you in bad standing with you bank
The state where the money is reported may or mayand you are not reported to checks systems.
not be your current state of residence. So how doHow To Avoid This in the Future?
you get the lost money back?Be sure to change your address with all banks,
How Do I Get My Lost Money?institutions and companies you do business with when
Your money is now being held in one of the over 75you move.
state or federal unclaimed money account.Keep a record of all companies and banks that hold
To find it you have to conduct an Unclaimed Moneymoney that is owed to you. This includes:
Search. You can do this really easily by entering your-Insurance companies
name in a FREE Search offered by unclaimed money-Stocks, Bonds and Dividends
database websites.-Banking Accounts
The unclaimed money search will tell you where your-Utility companies
money is being held from your old bank account.Conduct a search for unclaimed money at least once
To claim the money you will have to print the claimevery 3 to 6 months
form, fill it out, provide copies of your proof ofCheck for unclaimed money owed to your family and
identification and mail in the claim form.friends also!
Occasionally you will need to provide some additionalNow that you know how to locate the money from
proof that you are the owner of the lost money.your old bank account go see what unclaimed money
This is usually the case with inheritance.is waiting for you!