Find out if any of R80bn is yours
28 June 2004
Benefit Recovery Services, a Proudly South African member, maintains that unclaimed money owed to South Africans from wills, pension funds, endowment policies and dormant bank accounts amounts to R80-billion.
There are many perfectly good reasons for this happening, but you can find out if anything is owed you. We have the details.
Many South Africans, no doubt, many Proudly South Africans too, are owed large quantities of money that have been left to them in wills or financial institution funds. These are unclaimed shares that may be owed you as a result, for example, of your being the beneficiary of an estate.
Records might not have been adequate for trustees to find you. Or you might have taken out an endowment fund with your mortgage bond, but later cancelled the fund. Or you might have been awarded shares during one of the financial institution’s demutualisation.
Whatever the case, Benefit Recovery Services may be trying to
track you down. Register with them and they will do the checks to see if you have anything owed you. It is a free service as the financial services compensate Benefit Recovery Services.
To find out more, call 086 727 7000/2 or register online at MyCash website.
Source: Proudly South African
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