As Bendigo Bank cares about its customers we want to give you the tools you may need to help manage your finances, and to seek out information that may be relevant to your banking.
Unclaimed Money
When money remains in a bank account for more than 7 years without being transacted upon, it becomes Unclaimed Monies. Financial institutions are required to forward Unclaimed Monies to the Australian Securities and Investment Commission (ASIC). This money can be claimed back from ASIC by the owner of the funds through visiting your local Bendigo and Adelaide Bank Limited branch and completing and Application to Claim Unclaimed Money form, which the branch will submit to ASIC on your behalf.
When money remains in a superannuation fund for a period of time without additional contributions being made, the funds are eventually sent to the Australian Taxation Office (ATO) as the funds are considered to be "lost" or "unclaimed". You can claim back the value of your superannuation fund by visiting the ATO website.
Those customers receiving Centrelink benefits can access information about their payments, particularly if there are payment delays or changes to payments during public holidays (which Centrelink usually publish on their website to alert those receipients affected). You may also use the link to find our what benefits you are entitled to receive from Centrelink.
As the information in the website has been prepared without taking into account your objectives, financial situations or needs, before acting on the information, you should consider how appropriate it is having regard to your objectives, financial situations and needs. All rates subject to change.
