South Carolina joins national unclaimed property database - WMBFNews.com, Myrtle Beach/Florence SC, Weather

South Carolina joins national unclaimed property database

(Source: Wikipedia) (Source: Wikipedia)

COLUMBIA, SC (WMBF) – Unclaimed money and property owed to South Carolina citizens can now be found on MissingMoney.com, a national database that includes unclaimed property being held by 42 states and provinces.

South Carolina Treasurer Curtis M. Loftis, Jr., announced the partnership with the national site Wednesday, adding that the state’s treasurer’s office is currently seeking the rightful owners of more than $500 million.

“Many people in South Carolina have lived or worked in other states, so it’s a good idea for them to check each state’s unclaimed property program for money they may have left behind,” said Treasurer Loftis. “By joining MissingMoney.com, we’ve provided our citizens with a single source for locating property across the country. This is just another way we can help reunite individuals with their lost funds.”

The information on both the treasurer.sc.gov and MissingMoney.com is updated weekly, and there is no charge to search either database, the announcement states. If a search turns up unclaimed property, the owner will be provided with information on how to claim it.

During the 2015-2016, the State Treasurer’s Office returned over $23 million in unclaimed property to South Carolinians, a 28 percent increase over last year, according to the office. Unclaimed funds usually come from bank accounts, uncashed checks, stock certificates, insurance policies and utility deposits.

To search for unclaimed property in South Carolina, visit: www.treasurer.sc.gov

To search the national Missing Money database, head to: www.MissingMoney.com

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