https://www.youtube.com/watch?v=AWq1GeIPqGc
UNCLAIMED MONEY TOTALLING RM5.96 BILLION
Did you know that more than RM5 billion in unclaimed money was recorded in 2017?
That was 3 years ago. Now it is 2020. The amount must be even higher than that.
WHY IS THERE RM5.96 BILLION IN UNCLAIMED MONEY?
Because we do not know how and do not get the right information about unclaimed money.
WHY DOES UNCLAIMED MONEY EXIST?
There are 3 categories of UNCLAIMED MONEY:
- Money that is legally owed to the owner but has not been paid for a period of not less than one (1) year. Examples: salary, bonus, commission, dividends, profits declared for distribution, insurance claims approved for payment, bank drafts, cashier''s orders, and other documents with similar functions where the validity period has expired.
- Money in an account that has not been operated by the account owner for a period of not less than seven (7) years. Examples: savings accounts, current accounts, fixed deposits.
- Money in a trading account that has not been operated through any transaction for a period of not less than two (2) years. Examples: trade creditor accounts and trade debtor accounts with credit balances.
QUEUING FOR HOURS JUST TO CHECK UNCLAIMED MONEY, ONLY TO BE DISAPPOINTED
GOOD NEWS! Don''t be disappointed anymore — to check unclaimed money, you no longer need to queue for hours and spend the whole day at the Accountant General''s office.
YOU CAN CHECK UNCLAIMED MONEY ONLINE
Great news indeed!
STEPS TO CHECK UNCLAIMED MONEY ONLINE
- Go to https://egumis.anm.gov.my/
- For those working in the government sector, you usually already have an account with EGUMIS. For others, you will need to register first. Click on REGISTRATION at the top right corner.
- Fill in the required information: name as per IC, new IC number, email, username, and password with at least 8 characters combining letters, symbols, and numbers. Tick the acknowledgement checkbox and click Register.
- Registration successful!
- Once registered, go to CHECK and click LOG IN.
- Enter your username and password, then click Log In.
- Fill in your address and phone number to update your profile. Click Save.
- Click the purple box to search. Enter your IC number and click Search. Any unclaimed money will appear below.
- Example: unclaimed money from MAXIS and BSN with the type of unclaimed money shown.
CONCLUSION
Nowadays, everything can be done online. For example, if you want to register or check your ASB account or Tabung Haji, everything is at your fingertips.
So there you have it — I have shown you how to check for unclaimed money. I hope this guide has been helpful.
FAQ About Unclaimed Money in Malaysia
What is unclaimed money (wang tak dituntut)?
Unclaimed money refers to money that is legally owed to an individual but has not been paid or collected within a specified period. In Malaysia, this is managed by the Accountant General''s Department through the eGUMIS system.
How do I check if I have unclaimed money?
You can check online by registering at https://egumis.anm.gov.my/ (eGUMIS). After registration and logging in, enter your IC number in the search function to see if you have any unclaimed money.
What are the categories of unclaimed money?
There are 3 categories: (1) Money legally owed but unpaid for at least 1 year, (2) Money in inactive accounts for at least 7 years, and (3) Money in inactive trading accounts for at least 2 years.
Is there a fee to check unclaimed money online?
No, checking for unclaimed money through eGUMIS is completely free of charge.
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