NEWS


Unclaimed Money at the IRD: Your Guide to Reclaiming Forgotten Funds

Unclaimed Money at the IRD: Your Guide to Reclaiming Forgotten Funds

Discovering unclaimed money can be like finding a hidden treasure. In New Zealand, the Inland Revenue Department (IRD) safeguards unclaimed funds, offering a lifeline to those who may have forgotten about their assets.

Unclaimed money encompasses dormant or forgotten funds from bank accounts, insurance payouts, share dividends, wages, and tax refunds. 

If you thought you may have had some bonus bonds, this is where you can check since the Bonus Bond Trust was wound up in 2020.

The IRD monitors unclaimed money and assists in reuniting it with rightful owners after a period of dormancy.

To reclaim your funds, check the IRD website here, using their online search tool, provide necessary documentation to prove your identity, and submit a claim. Ensure your contact information is up-to-date to receive notifications.

Your REAL Client Manager will be happy to assist you with reuniting you with your unclaimed money.

 

Disclaimer

This information is intended to provide general advice only. We recommend you discuss your specific situation with your Accountant.

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