£850m in Unclaimed Bank Accounts

It is estimated that there is about £850m lying in unclaimed deposits in UK Banks, Building Societies and National Savings. Statistics like these would prompt most people to think about old savings accounts that they had at one time, perhaps a gift from a relative. There is a really helpful website www.mylostaccount.org.uk set up by the BBA, BSA and NS&I to help savers correctly identify and retrieve their savings. They currently receive over 680 requests a day and have already handled over 250,000 requests since the service launched at the start of 2008.