Reclaim Fund Ltd makes it possible for money in dormant bank and building society accounts to be used to help good causes.
If you think you have unclaimed monies in a bank or building society account:
Please contact the bank or building society concerned or click on the link to mylostaccount below to find out more.
You can download a copy of Reclaim Fund Ltd’s Annual Report & Accounts 2018 by clicking on the link below.
Government plans for major expansion of dormant assets scheme to benefit good causes across the UK
UK good causes present inspirational speeches at RFL’s Enhancing Communities Event.
Distributions paid to date amount to over £587M.
2008 / 2009
Dormant Bank and Building Society Accounts Act 2008 is enacted.
Co-operative Group is approached by HM Treasury to establish a reclaim fund.
2010
RFL is incorporated on 13 August 2010 as a wholly owned subsidiary of Co-operative Banking Group Limited.
2011
RFL commences operations on 28 March 2011 following regulatory authorisation. RFL receives in excess of £300m from 10 financial institutions.
2012
RFL holds its first Annual Event bringing participants and beneficiaries of dormant account monies together. Total amounts received since inception exceed £500m.
2013
RFL appoints an Investment Manager and Custodian to manage its newly established investment portfolio, in line with its investment mandate.
2014
Cumulative distributions to Big Lottery Fund since inception for onward distribution to good causes pass £220m.
2015
RFL relocates to independent offices in Crewe. Total amounts received since inception exceed £850m.
2016
RFL distributes £105m to Big Lottery Fund. Three new participants join the scheme, taking the total number of participants to 15. Total amounts received since inception exceed £980m.
2017
Transfers received from participants since inception exceed £1bn in April. Amounts committed for distribution to good causes since inception exceed £0.5bn.
2018
RFL distributes £153m to Big Lottery Fund. Total amounts received since inception exceed £1.2bn, this being three times as much as the £400m stock of dormant monies identified early in the development stage of the scheme.
