JAVER1967 5

JAVER1967

Add to my Circle of Trust

Subscribe to reviews

About me:

Member since:30.09.2007

Reviews:80

Quote-start

RECLAIM YOUR MISSING MILLIONS AND SPEND AWAY

Quote-end
06.02.2008 (04.10.2008)

Advantages:
FREE, EASY TO FOLLOW

Disadvantages:
DON'T EXPECT TO RETIRE EARLY

Recommendable Yes:

72 Ciao members have rated this review on average: very helpful See ratings
exceptional by (10%):
  1. Alyson29
  2. liolia79
  3. danielleg1989
and 8 other members
very helpful by (88%):
  1. pinky50
  2. sbeach000
  3. GillyMN
and 95 other members
helpful by (3%):
  1. SG1000
  2. pgn0
  3. dragonhelmuk

View all ratings

The overall rating of a review is different from a simple average of all individual ratings.

Share this review on Google+

Having recently submitted my annual tax return, I had to think hard of all the accounts I had, savings and other such things, which got me thinking onto the subject of whether I had missed any. I think that I have remembered all, but then I thought, what if I had forgotten about an account which was opened for me when I was a child and has long since been forgotten about and now considered dormant by the financail institution.

I did a bit of research on this, and some of the figures I have come up with are quite shocking. It is estimated that as much as £500,000,000 is lying unclaimed in bank and building society accounts, while almost as much again is held in dormant accounts by NS&I - plus another £29,000,000 in unclaimed Premium Bond prizes. The majority of the £29,000,000 is mainly composed of £50 prizes, although the largest unclaimed prize at the moment is £25,000.


Through my research, I have come across this new service which is absolutely FREE:

WWW.MYLOSTACCOUNT.ORG.UK

WHO RUNS IT

The site is run by the British Bankers' Association (covering 42 banks), the Building Societies Association (covering 59 building societies), and National Savings and Investments. Together (so they say), they represent most of the firms that offer savings and current accounts in the UK.

SITE APPEARANCE

The site is easy to follow and understand, with no complicated jargon, with a cream background, and green boxes with easy to understand instructions

HOME PAGE

The Home page has tabs that you can click on to go to the following areas:- Home, About the Owners, About The Service, FAQs, Help, Search, Download Forms, Ten Pledges, Contact, Media Centre

IS THIS FOR YOU?

Mylostaccount.org.uk is designed to help where the customer is unsure of which bank or building society holds an account to which they have entitlement, including instances where the bank or building society has since closed or merged.

SEARCHING FOR DORMANT ACCOUNT

To help find your account (and potentially your missing millions) they need as much information as possible.

If your enquiry is simple it should only take a few minutes to complete the questions on the site. More complex enquiries may take a little longer.

It will help you if you have to hand all the information you have about the account you are looking for.

Once you have finished, the information you give will be sent to all the institutions that you indicate might be holding your account.

QUESTIONS ASKED

The types of question that you will be asked will be as follows:-

NAME
This must be YOUR full name and PRESENT address only.

Please enter an email address to ensure that you get an immediate acknowledgement of this claim.

ACCOUNT HOLDER DETAILS
If you list your maiden name or any other names, these will all be checked.

ACCOUNT AND BANK
If you select "Don't Know" you will be able to search for the bank or building society. Make sure that you select the correct bank - for example, if you are looking for a Woolwich account, it is helpful if you could tick Woolwich and not Barclays. The banks that you have selected will be shown on the screen. Please check them before you proceed to the next step.

ADDITIONAL DETAILS
Add any additional information here which may assist with the search.

ID DOCUMENTATION
You will only be asked for this if an account that matches your search details is found. It will be used to identify you and to validate your claim.

ABOUT THE ACCOUNT HOLDER
Please quote as many addresses as possible to help the search.

TIMESCALES FROM INITIAL CLAIM

Searches with banks and building societies can take up to three months as they can involve institutions having to search very old records on the basis of outdated or partial information. NS&I would aim to respond to trace requests within one month. While the banks, building societies and NS&I will do all they can to find your lost accounts and savings, searches are only as successful as the information provided.

UPDATE

After a few weeks, just thought I would update everybody. The powers that be have found me a missing bank account which I did not realise I had. And yes, it did have money in it. A total of £0.03. Oh well, I suppose my dreams of retiring early will have to remain as dreams.

  Write your own review

Share this review on Google+

 

Rate this review »

How helpful would this review be to a person making a buying decision? Rating guidelines

Rate as exceptional

Rate as somewhat helpful

Rate as very helpful

Rate as not helpful

Rate as helpful

Rate as off topic

Write your own review Write a review and you will earn 0.5p per rating if other members rate your review at least helpful. Write a review and you will earn 0.5p per rating if other members rate your review at least helpful.   Report a problem with this review’s content

Comments about this review »

Alyson29 13.02.2011 09:39

I'm back with an E as promised x

Alyson29 12.02.2011 17:21

A very interesting read. I will return tomorrow with an E x

GillyMN 20.01.2011 07:40

What a useful idea. I shall get my husband to check this out.

Add your comment

max. 2000 characters

  Post comment

Product Information »

Product details

Type Directory Services
Domain Extension .org

Show all Product Information

Review Ratings »

This review of mylostaccount.org.uk has been rated:

"exceptional" by (10%):

  1. Alyson29
  2. liolia79
  3. danielleg1989

and 8 other members

"very helpful" by (88%):

  1. pinky50
  2. sbeach000
  3. GillyMN

and 95 other members

"helpful" by (3%):

  1. SG1000
  2. pgn0
  3. dragonhelmuk

The overall rating of a review is different from a simple average of all individual ratings.



Are you the manufacturer / provider of mylostaccount.org.uk? Click here