Find Unclaimed Money in South Carolina
Unclaimed money in South Carolina refers to financial assets that were turned over to the state after owners could not be reached for a period of time. These funds often come from banks, former employers, insurance companies, utilities, or businesses that issued payments or held deposits that went unclaimed. Common reasons include address changes, job changes, or closed accounts. South Carolina operates a centralized program that safeguards these funds until the rightful owner comes forward. Anyone can search for unclaimed money in South Carolina at no cost, and checking periodically is recommended since new property is added each year.
Search South Carolina’s Official Unclaimed Money Database
South Carolina administers a state-run unclaimed money program to reunite residents with lost or forgotten funds. The official database allows anyone to search securely, and there is no fee to file a claim. All claims are reviewed and paid directly by the state.
How to Search for Unclaimed Money in South Carolina
- Visit South Carolina’s official unclaimed money search portal.
- Enter your name, including previous names or business names if applicable.
- Review listings tied to South Carolina addresses or employers.
- Select a result that appears to match your information.
- Submit a claim through the state system and provide the requested verification documents.
Types of Unclaimed Money Held by South Carolina
South Carolina holds a wide range of unclaimed property that comes from everyday financial activity. These assets are protected by the state until claimed by their owners.
- Bank accounts
- Uncashed checks, including payroll and refunds
- Insurance proceeds from life or property policies
- Utility deposits from closed service accounts
- Securities such as stocks or dividends
- Safe deposit box contents, which may include tangible personal items
How the South Carolina Unclaimed Money Claim Process Works
After a claim is submitted, the state verifies ownership by reviewing documentation such as identification and proof of address. Additional paperwork may be required for estates or business claims. Processing times vary, but most complete claims are reviewed and paid within several weeks once all required information is received.
What If You’ve Lived or Worked in More Than One State?
Unclaimed money is typically reported to the state tied to the owner’s last known address, which means funds can exist in more than one state. People who have moved, worked seasonal jobs, or operated businesses across state lines often discover multiple listings. Identity-based search tools can help locate possible matches across states, but all claims are completed through official state programs.
Looking for another state?
South Carolina Unclaimed Money FAQs
Is it free to claim unclaimed money in South Carolina?
Yes. South Carolina does not charge a fee to search for or claim unclaimed money. The official state program allows individuals, heirs, and businesses to file claims directly without using third-party services. Any website requesting payment to access the state database or submit a claim is not required for participation.
How long does South Carolina hold unclaimed money?
South Carolina holds unclaimed money indefinitely until the rightful owner or an eligible heir submits a valid claim. There is no deadline to recover property once it has been transferred to the state. Funds remain available even decades later, which is why periodic searches are encouraged.
Is identification required to file a claim in South Carolina?
Yes. Claimants must provide proof of identity, such as a government-issued ID, along with documentation linking them to the reported address or account. The state uses this information to protect against fraud and ensure funds are returned to the correct individual or entity.
Can heirs claim unclaimed money in South Carolina?
Heirs can claim unclaimed money on behalf of a deceased owner. In addition to personal identification, heirs are usually required to submit documents such as a death certificate and proof of their legal relationship or authority to act on behalf of the estate.
What is the dormancy period before property is reported in South Carolina?
In South Carolina, most financial accounts are considered dormant after three to five years of inactivity, depending on the property type. Once this period passes and the owner cannot be contacted, the holder is required to transfer the funds to the state’s unclaimed money program.
Which agency manages unclaimed money in South Carolina?
South Carolina’s unclaimed money program is administered by the State Treasurer’s Office. This office is responsible for receiving reported property, maintaining the public search database, reviewing claims, and returning funds to verified owners or their authorized representatives.