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BBA Dormant Accounts Search |
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An estimated £15bn is held in dormant bank and building society accounts, according to BBC reports. An account is considered dormant when a bank or building society loses contact with the account holder for a period of years. The BBA maintains a record of dormant accounts in perpetuity. The account holder retains ownership of the dormant account, and it continues to earn interest until claimed. Did you or a family member have unclaimed money at a bank or building society that moved, changed its name or closed? Don't assume that because your branch no longer exists that unclaimed balances are lost forever. Your account may have been transferred to a successor bank. The BBA dormant accounts section can assist you in tracing a lost account. Go to: http://www.mylostaccount.org.uk/ Dormant account claims forms are available from banks and the BBA. Note: Account owners and heirs experiencing difficulty recovering lost accounts can seek assistance from the Financial Ombudsman Service. Contact: Financial
Ombudsman Service To search and claim dormant accounts, contact the British Bankers’ Association (BBA) or The Building Societies Association (BSA): |
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British Bankers’ Association (BBA) Dormant Accounts |
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British Bankers’ Association
Pinners Hall, 105-108 Old Broad Street
London EC2N 1EX
Telephone 020 7216 8909 / +44(0) 20 7216 8909
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Online Form to Reclaim Funds from a Dormant Account |
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The Building Societies Association (BSA) |
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Lost
Account Scheme The Building Societies Association York House, 23 Kingsway London WC2B 6UJ http://www.bsa.org.uk |
Online Lost Account Inquiry |
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