Unclaimed Money in South Carolina

Types of unclaimed assets

The variety of assets classified as unclaimed money is wide-ranging. It includes, but is not limited to, bank accounts, uncashed checks such as paychecks or refunds, insurance policy proceeds, stocks and dividends, as well as the contents of safe deposit boxes. When a company holds onto these assets without the ability to reach the owner, they are required by law to turn them over to the state’s unclaimed property office––in this case, to the state of South Carolina––after a certain period called the “dormancy period.”

In South Carolina, like in many other states, there are regulations in place to protect these assets and to ensure that they are not absorbed by the company holding them. Instead, they are kept in protective custody by the state’s treasury until the rightful owner or heir comes forward to claim them. The best part is that there’s no time limit to claim your assets. You can file a claim anytime you discover something potentially belonging to you.

Search for unclaimed money in South Carolina

Searching for unclaimed money might seem daunting at first, but with MoneyBot5000 and a step-by-step guide, it can be straightforward and potentially rewarding. Just follow the steps below to get started for free.

Visit the website: Begin by visiting MoneyBot5000’s website. Navigate to the unclaimed property search function.

Enter your information: Input your details, such as name, city, and any other necessary information, to search MoneyBot5000’s database for any funds that might belong to you.

Review search results: After completing the search, review the results carefully to identify any properties that may belong to you.

Select the property to claim: If you find a property that you believe is yours, review the claimant requirements to ensure you’re eligible to claim the funds. Head over to the state website to initiate a claim through the state website.

The claiming process in South Carolina

File a claim: Enter the details from the property you found in your name on MoneyBot5000.

Provide proof of ownership: You must supply documentation to the state that proves your right to the unclaimed property. This might include a pay stub, utility bill, or identity verification documents such as a Social Security number, driver’s license, or passport.

Submit the claim form: Once you’ve completed the form and attached the necessary documentation on the state website, submit your claim. This submission is typically done online, facilitating a streamlined process.

Checking for unclaimed money

You can also visit the official South Carolina Treasurer’s Office website and navigate to the unclaimed property section. Here, you can use their online search tool to check if there is any unclaimed money in your name. Enter your last name and optionally your first name or initial to refine the search. Prepare and submit the necessary documents as specified by the South Carolina Treasurer’s Office. These documents are essential to prove your ownership and prevent fraudulent claims. Ensure that all documents are accurate and complete to avoid delays in processing.

Claim review and disbursement process

After submitting your claim, the Treasurer’s Office will review the provided information. This process may take several weeks. They may contact you for additional information if needed.

Once your claim is verified and approved, the unclaimed money will be disbursed to you. The payment method may vary, including direct deposit or a mailed check.

South Carolina Department of Revenue - Unclaimed Property Division

Address

Unclaimed Property Program, SC State Treasurer’s Office 1200 Senate Street, Suite 214 Columbia SC 29201

Phone Number

803-734-2101