Do You Have Unclaimed Money Waiting For You? Here Is How To Find Out If You Do And Claim Whats Yours.

So, do you?

If you happen to live in Canada, like having extra money that you didn't know you owned, love long walks on the beach or, lost contact to your banking account a while ago OR need a way to find some easy money, you might be in luck!

(NOTE: Loving long walks on the beach optional)

If you came here for a great way to find some hidden cash, you were absolutely right! If you came here to find a great way to find the nickels and quarters and other pocket change under your sofa's cushions, your most certainly at the wrong article (Unless you didn't know that you could find change there)!

So, you are probably wondering just what could help you find unclaimed money, and there are few things you have to do and it's all yours. So, lets start.

Step One

The first thing needed to be done is to do a bit of research on your family. If you know a bit about your family history it isn't a big deal and this is optional, however, it is a good idea. Also, you will need to have some documentation if you do want to be able to claim your money (there are a few types of documentation that can be used to help authenticate you are an heir or rightfully own this sum). This is also a healthy learning experience and can help you later on in life. The more you know! :)

Step Two

This is (in my case at least) the easiest part. The site is of The Bank Of Canada, and the link is http://bit.ly/bank-of-canada if you want to follow along, unless your telepathetic ;D

Once there, you are going to have to write either the first or last name of the person -or both- and click on each name that comes up to check the included information on each person. When reviewing each person, it is definitely a good idea to take note of the person's address and last transaction date. Be sure to not get the transaction date and the time of transfer to the unclaimed balance status confused, as this may cause you to think it belongs to someone you do know when you don't, or miss the actual people you should be focusing on. It may also be useful to know that after ten years of no activity, an account is then listed here but after 40 years it is no longer able to be claimed. The exception to this is any sum over 1000 (one thousand) dollars and if so it will be held until further notice (or until claimed). This leads to the fact that they have some unclaimed property in there from 1900! With later dates though ensues a harder time collecting evidence of it being yours, but go ahead and try, its free money right?

Step 3

Now, if you were lucky to find some money with your name on it (no, not actually), you have to file a claim report and follow the instructions on the site completely. There is no charge for this, so don't worry if it doesn't work and if you need it, the link to their instructions is on http://bit.ly/bank-of-canada-instructions

Just so you know, there is no shortage of money out there; there was in fact, At the end of December 2009, approximately 1,122,000 unclaimed balances. There was a big number by the name of 395 million dollars in total!

That is a very, very, very large amount of money sitting around for Heirs, businesses, organizations, etc. and while some balances held can be as little as 10 or 20 dollars, there are many accounts held with numbers going into the thousands and furthermore, some for the luckier people find tens and hundreds of thousands stowed away!

I Hope you enjoyed reading this article, and if you don't mind (and are a good person!) send your friends and family here! Help others take whats rightfully theirs (and if you want, you can make a bit of interest money whilst getting your friend their money back)

Have fun! And please, because this is my first article that I have done I would really, really appreciate it if you could comment on errors, improvements or suggestions to help me as a new writer.

Sincerely, Matt :D

Tip: any time something is referred to as property, they mean money, not land or items.