 |  | Claiming money from banks, building societies and credit unions
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Steps to claiming money
- Check our list of financial institutions to make sure that the one you need to contact is still operating. If the institution is no longer operating, the list tells you which institution is now responsible for deciding your claim.
- Financial institutions will want proof of your connection with an account. Documents like driver's licences, passports, bank statements and account passbooks may all help prove that you own an account. The proof required will vary from case to case, and the financial institution can tell you what documents you must show them to prove your claim.
- Most financial institutions say that you can lodge your claim for unclaimed money at any of their branches.
If eligible, you will receive your refund from the bank, building society or credit union.
What unclaimed money may be held by ASIC from financial institutions?
You can search the information on our database for unclaimed money from banks, credit unions and building societies.Your money may have been transferred from one of these institutions to the Commonwealth Government if your account with them:
- had not been used for over 7 years and
- contained a balance of $500 or more.
How far back does our database information go for bank accounts?
Our database has records of:
- unclaimed savings bank accounts going back to 1989 and
- some unclaimed trading bank accounts back to 1959.
How far back does our database information go for credit union and building society accounts?
- Before 1992: If you had an account with a building society or credit union that you last accessed before 1992, you should contact your state or territory government's office of state revenue or state treasury for information on unclaimed money in those accounts.
- After 1992: If your money was last accessed after 1992 then you can search for money from these accounts on our database.
Searching our database
You can search our databases for money from banks, building societies and credit unions, life insurance and friendly societies and companies.
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FIDO Website: Printed 02/10/2010
