Unclaimed Money Ohio

Unclaimed Money Ohio

What Is Ohio Unclaimed Money?

Unclaimed Money refer to money that financial institutions and businesses in Ohio are not able to return to the owner after an absence. In accordance with Ohio’s revised code SS169.01, Unclaimed funds are dormant savings account security and utility deposits that have not been claimed, as well as uncashed checks as well as benefits that are not claimed. Insurance policies.
After a minimum of three years of non-activity with these funds, the institutions that have control of these funds are obliged to declare the funds as unclaimed in the Ohio Department of Commerce (Ohio Rev Code SS169.03). The Unclaimed Money Division of the agency is responsible for preparing and publishing an official list of money that is not claimed. The list is accessible on the internet, as is an online platform that allows people who are eligible to claim unclaimed funds in Ohio.

How To Find Unclaimed Money Ohio?

The Ohio Unclaimed Money Divisions recommends that interested individuals utilize the missing money database to find money that is not claimed in Ohio. The database is able to perform searches using names for unclaimed funds with the owner’s name (individual or corporate). Along with providing the name, the searcher has to limit the area of search by choosing “Ohio” from the dropdown choices on the page of searches.
A search in this database will yield a list of money that is not claimed related to that name. It will also provide the name of the owner, the most recent address known, the bank that reported the account, the co-owners, and the approximate value. The person who searched for the information can then apply for the money that is not claimed.

How to claim unclaimed money in Ohio

Anyone who finds unclaimed money through the missing money source can submit a claim through the site. To begin, you need to select” Claim” on the “Claim” button on the left-hand side of your result of the search. By doing this, you will be able to create a shopping cart with the items that you’ve selected at the highest point of the webpage when you have selected the funds not yet claimed and click the cart icon in order to make a claim. The system then prompts the applicant to provide his personal details and contact details.
After providing this information when submitting these details, the system will prepare a claim form for the applicant can fill out and download. The claimant could also decide to have the claim form sent immediately or by mail. Printing the form or opting to receive the form by email can make the process quicker.
The Division of Unclaimed Funds provides additional directions for filling out an application form. In general, the person filing for the claim must establish ownership of the claimed money by attaching a photocopy of a photo ID issued by a government agency, like a driver’s license or social security card, as well as a US passport. Anyone filing on behalf of the owner of the property must submit additional documentation, like the death certificate, an affidavit of notarized will, or powers of attorney.
Take a photocopy of the forms to keep for personal documents. This is crucial for checking the status of claims later. 
Claimants should submit their original form of claim along with additional documentation in the direction of the Ohio Division of Unclaimed Funds at:
  • 77 South High Street, 20th Floor
  • Columbus, OH 43215-6108
  • Phone: (877) 644-6823 (toll-free)
  • Fax: (614) 728-9769
  • Email: UnfdClaims.UnfdClaims@com.state.oh.us

How Do I Find Unclaimed Money For Free in Ohio?

It is the Ohio missing-money database in Ohio. It is available for free. In addition to cash that is reported by the Ohio Department of Commerce, federal agencies also report missing funds belonging to Ohio residents. The official resources to locate the unclaimed funds are those from the IRS Refunds Database, Treasury Hunt, and the HUD refunds searcher.

How long does it take to get unclaimed money in Ohio?

The majority of people who file an application can expect to hear back from the Division of Unclaimed Funds within ninety (90) days. The majority of claims can take up to 120 days for processing because of the high number of claims. Anyone who wants to verify their claim status can use the claim number printed on their own version of their claim. This will allow them to find the claim status online. You can also call the helpline of the agency at (614) 728-9769 or send an inquiry request to the Department.

Can you claim unclaimed money from deceased relatives in Ohio

Family members who are immediate relatives and executors of wills and court-appointed estate managers, and other individuals who can claim unclaimed funds on behalf of deceased individuals in Ohio. Along with filling out claims forms, they need to provide evidence to establish their connection to the deceased person or provide permission to make a claim.
 For family members who are immediate, This documentation must include authentic copies of the decedent’s relatives’ death certificate. State law requires that those who are filing on behalf of the deceased spouse provide divorce documents as well as an official death certificate. Additionally, the documents that third parties are required to provide include wills and a court order that names the beneficiary as the administrator of estates or notarized power of attorney.

Is There Unclaimed Money In Your Name?

The government may have as much as $58 billion in unclaimed money. Find out if some of it may belong to you or someone you know!