Banking

Learn how to trace lost bank accounts, dormant savings, and forgotten building society accounts, plus what to do if your provider has gone bust.

How the Government Will Spend UK Unclaimed Money
According to banking experts there is at least £500 million sitting unclaimed in dormant UK bank accounts. The government does have redistribution plans for...
Is it a Dormant Account or a Lost Account?
What exactly are dormant and lost accounts? Are they different or just similar terms for the same thing? Is there a difference in the way banks and governmen...
Mis-Sold Endowments: Making a Claim
There was a time when endowments were all the rage. Essentially, the idea was that you'd have an interest-only mortgage, then take out an endowment to not on...
Standard Life Shareholders
The process known as demutualisation has been very helpful to a number of companies who wanted to grow. Essentially it changes the ownership of a company, sh...
The British Banks Lost Bank Accounts Service
Anyone who is interested in finding lost bank accounts can use a service set up by the British Bankers’ Association along with other financial institutes....
The Case of Nationwide & Portman
Nationwide Building Society is Britain’s second largest mortgage lenders, and highly thought of, to the extent that their figures largely track house price...
The Story of Halifax and Unclaimed Money
Halifax, of course, is one of the country's biggest financial institutions these days, a huge provider of mortgages as well as savings - and possibly equally...
Unclaimed Bank Accounts
Some reports have as much as £15 billion sitting in dormant bank accounts, and that’s a lot of money waiting to be claimed. A bank account becomes dormant...
Unclaimed Building Society Accounts
At one time or another many of us might have opened building society accounts with an eye towards a future mortgage - that's especially true of a slightly ol...
Unclaimed Money Scams: Facts and Myths
It’s easy to think that you will never be naïve enough to be suckered into one of the many unclaimed money scams. But the temptation may be too much to re...
Unclaimed Safe Deposit Boxes
Safe deposit boxes are really part of a safe custody service offered by some banks. Under this, customers pay an annual fee to a bank in order to be able to...
Unclaimed Windfall Shares
A windfall is what happens when a building society or insurer demutualises. That means that instead of being owned by the members of policyholders, the compa...