Tuesday, January 04, 2011

Do you have any unclaimed money ?

Starting end of 2010 onwards, you can perform an online search to see if you have any money with the Registrar of Unclaimed Moneys. The Unclaimed Moneys Act 1965 requires businesses to send to the goverment a report on any unclaimed money. It can be in a form of dormant bank account monies, life insurance policies, share dividends, unclaimed wages/salary and EPF contributions.

umaca.my allows free searches. All you need to do is key in your indentification number or full name. Based on record at Registrar of Unclaimed Moneys, approximately RM 1.5 billion of unclaimed money accumulated over the years, and millions ringgit added every years. the data in ucama.my covers records from 1998 onwards. New documents will be added from time to time once goverment releases new lists.

With this online information, you will save a lot of time and effort to claim your money. This system is free for individuals and fee will be charged for premium services to companies and professionals as well as INDIVIDUALS who seek their help to apply to the registrar to claim the money( go directly to registrar office in you dont want to pay..:p).

You can download the information pack from this website. If your money is less than RM500, you can download if for free. otherwise, 10 % of the value will be charged. this information pack includes a checklist and also a format of your application letter to the registrar.

what are you waiting for? click and check now!

No comments: