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Reuniting Forgotten Dollars With The Rightful Owners
Each year, millions of dollars go unclaimed in British Columbia. These funds reside in dormant credit union accounts, as unpaid wages, over-payments to debt collectors, unclaimed court funds, outstanding estates, insurance accounts and forgotten real estate deposits.
BCUPS is the administrator of the Province’s unclaimed property program. We act as a “lost and found” for unclaimed money in BC, actively searching for the rightful owners of dormant accounts. Last year, BCUPS returned approximately $1.04 million to verified claimants looking for their forgotten funds.
BCUPS also works with companies and organizations to help them get dormant or unclaimed accounts off their books.
Search our secure database for unclaimed funds. It costs nothing to search for or claim forgotten funds. Our services are free, and your privacy is always protected.
Is your company holding unclaimed funds it wants to get off its books?
The BC Unclaimed Property Act requires companies and organizations holding dormant accounts to make a reasonable effort to locate and notify the owners of forgotten funds. Failing this, certain holders are required to transfer these unclaimed funds to BCUPS after a specified period of time to be reunited with the rightful owners.
To learn more about compliance reporting and remitting unclaimed property to BCUPS, click here:
From Dormancy to Distribution
Read BCUPS’s latest annual report to learn even more about how we operate and what we’ve achieved.
There is now approximately $149 million in forgotten funds from dormant accounts in BC waiting to be claimed according to BCUPS’s recent financial statements.