Lost Bank Accounts

There are thousands of dormant bank accounts in UK financial institutions. Accounts are considered Dormant by Banks and Building Societies after no use has been made of them for a long period.

The accounts are marked as "Dormant" and when and if if a claimant turns up they will need some evidence to show that they have a legitimate claim to the funds.

There are several firms who will offer to find and trace lost accounts for a fee but it is really quite a simple operation and the Banks Building Societies have now set up an organisation specifically to assist you in tracing a lost account.

Remember the Post Office account you had as a kid or the National Provincial Pass Book your parents kept for you. What happened to it?

You are an executor of estate left by elderly relative and you are sure they had accounts elsewhere but you can not find the paperwork.

The British Bankers’ Association, the Building Societies Association and National Savings and Investments ( including premium Bonds) . They represent most of the firms that offer savings and current accounts in the UK. So if you need to trace a lost bank account, this is the place to start.

We have published an article on the Yourmoney.co.uk web site that will help you to get in touch with the organisations who can help you trace that lost account.