- $152 million of lost or forgotten money on the WA Register of Unclaimed Money
- WA residents are encouraged to head to the Treasury website to check if they have any money that can be returned to them
- Last financial year $1 million was returned to the rightful owners
The WA Register of Unclaimed Money has been updated with around 102,000 new records of lost or forgotten money.
The State Government, through the Department of Treasury, receives unclaimed monies from WA-based organisations that have been unsuccessful in returning funds to the rightful owners.
The unclaimed monies typically relate to rental bond refunds, dividend payments, vehicle licence refunds, overpayment of utility bills and refunds from education providers.
The recent update includes large individual unclaimed amounts of $705,878 and $355,612.
The full Register now contains more than one million records totalling around $152 million.
To help reunite people with their money, an online portal is available for people to search the Register and submit for a claim, with the funds payable directly into a nominated bank account.
To search the Register, visit
.
From this week, WA residents will also be able to use the ServiceWA app to search for unclaimed money.
Treasury holds unclaimed monies of any value for an indefinite period of time and does not charge any fees to return the money.
As stated by Premier Mark McGowan:
“Last financial year, around $1 million was returned to the rightful owners.
“I encourage everyone to check the WA Register of Unclaimed Money to see if they are entitled to any of the funds.”
