Over 1.8 MILLION people have money in Canadian banks under their name, that they seem to have forgotten about.
One of the biggest balances that someone has forgotten, is over $800,000!
The best part is, if one of these unclaimed bank balances is under your name (maybe your mother started an account for you and forgot about it, or maybe YOU have boat loads of money and FORGOT about one of your OWN accounts) they will return it to you (and it should arrive in 10-12 weeks)!
You may be wondering when the bank is allowed to claim this cash? If the unclaimed balance is less than $1,000, it is held for 30 years. If there is OVER $1,000 in the unclaimed account, it could be in the bank for 100 years!