Why Monimine Can Help You Claim Money

Why Monimine Can Help You Claim Money

how monimine help to claim money

If you wanted to find out if you could claim money from a lost asset – would you know where to look?

Here are your current options in the UK:

  • The Unclaimed Assets Register, run by Experian provides a central resource for people searching for dormant accounts, pensions, shares or life policies, or those of a deceased spouse. This register will charge a £25 fixed fee per search.
  • My Lost Account (MLA) was created at the time of the Bank Act to give consumers somewhere to register a request for information as to the possibility of an account with a specific bank. It is not a database, but simply a post-box where emails from consumers are forwarded by MLA to the appropriate bank, who may reply to MLA to forward back to the consumer.

Unlike Monimine, neither of these services are automated and FREE to the consumer. Monimine also assists the financial institutions and ultimately helps customers claim money they are entitled to.

The other services are labour intensive processes, have limited effectiveness and do not address the bulk of gone away accounts in which the consumer is unaware of what they could be entitled to.


Josh Cousens – Monimine

Who Is Eligible To Find Unclaimed Monies?

Who Is Eligible To Find Unclaimed Monies?

Monimine was designed to help trace lost owners to unclaimed monies. The reported £25 billion of missing money is trapped within dormant accounts and is waiting for the rightful owners to claim what is theirs.

So ….. who can benefit from this service?

The answer is everyone. Monimine is a financially FREE tool, the only cost will be time expenditure – entering your details into Monimine’s innovative database, and then you can relax whilst we try and find you a match.

British expats could have more than a fighting chance of being matched with unclaimed monies. Their decision to live out their days in sunnier tropics may have resulted in a loss of contact with British relatives. The breakdown in communication could mean that there are unclaimed funds left undiscovered. Most probably completely unknown to the rightful beneficiary.

Data records can also fall through the net when individuals or families emigrate abroad, which makes the lives of the financial companies very difficult, when attempting to source relatives or lawful beneficiaries for lost assets.

A whopping 1.2 million British expats live in the European Union alone, signalling to the huge demographic who could be sitting on their own goldmine of assets. With only a short input of information standing in your way of a potential fortune, what have you got to lose?

Josh Cousens – Monimine.

How Monimine Can Help You Find Your Missing Money

How Monimine Can Help You Find Your Missing Money

Millions of families could be entitled their own portion of the estimated £25 billion of missing money. This money has been caught in the web of financial institutions. Monimine has been engineered to help source the rightful owners to billions of unclaimed assets.

Monimine is a FREE data-matching service that plans to reunite families with lost assets from ‘gone away’ accounts.

In a nutshell, Monimine will provide the link between the rightful beneficiaries of missing money and the financial institutions.

The unclaimed money could come from an array of destinations. These may include life insurance policies, workplace pensions and rainy day savings. These may have even been set up by relatives who passed away a long time ago.

The innovative technique that has been utilised by Monimine is at the forefront of digital technology. It will serve as the best opportunity of connecting families with the data from financial firms. The technology, paired with Monimine’s unique expertise in the industry is an unbeatable combination.

Government figures predict that £25 billion is sitting within large financial institutions, but they have difficulty tracing the rightful ‘gone-away’ owners. This is because of complications such as name changes, moving address and unreliable record keeping.

Josh Cousens – Monimine.