Maybe we can brighten up your cold and rainy Tuesday
Cold and rainy Mondays are difficult enough to motivate you back into the work week. But cold and rainy Tuesdays after long weekend are even more so. But perhaps we canbrighten up your day.
Maybe…you haven’t thought about checking the
Bank of Canada unclaimed funds website because you are pretty careful about
providing the bank with your forwarding address and you have not left any
old bank accounts behind….but there might be another reason to check.
But…have you ever provided a certified cheque
or a money order?
More specifically, what if a certified cheque or money order you paid for never was cashed?
In the case of both of these kinds of transactions, they are deducted from your account when the Bank draws them up for you but what if you never gave the certified cheque or the money order to the payee as you had intended for whatever reason or what if that payee never actually cashed that payment? It becomes an unclaimed amount.
A review of the Bank of Canada website shows
that there are plenty of those kinds of transactions – enough to make it worth your
while to check
Please do and let us know if you come across
some of those kinds of transactions or a bank account you or a loved one had
forgotten about. And if you have any
other questions about unclaimed funds we would be happy to try and help you
answer them
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