How To Claim Wells Fargo Bank Unclaimed Money in a Few Clicks
You might be surprised to hear that the U.S. holds almost 60 billion dollars of unclaimed property. Many Americans don’t even know that they have the right to claim money from uncashed checks, dormant bank accounts, and similar.
If you have a bank account in Wells Fargo that you haven’t used in a long time, there’s a good chance that your funds have been escheated. The good news is that you have the right to claim them whenever you want.
What Is Wells Fargo Unclaimed Money?
In most states, a bank account gets marked as abandoned and becomes the state’s property if it didn’t generate any activity from the owner for five years. Some states take over the forgotten funds after only three years.
By law, Wells Fargo needs to inform you about the upcoming escheatment and provide instructions on which steps to take to prevent it. If you fail to do so, your money will be considered abandoned. That’s why it’s important to keep all your account info up to date so that the bank can get in touch with you when necessary.
You can stop the escheatment by making sure your Wells Fargo bank account doesn’t become dormant. A good option is to use that account to pay bills or subscription-related monthly fees.
How Many Types of Unclaimed Property Are There?
Old bank accounts aren’t the only assets that can go through escheatment. A large part of abandoned funds in America comes from unclaimed inheritance money. Even if deceased family members wrote a last will, some assets go under the radar for various reasons. Usually, it’s because a person passed away before updating the testament.
Another type of abandoned property that makes a significant part of the 60 billion sum is unclaimed insurance money.
Here’s a short overview of the assets that get marked as abandoned most frequently:
- Savings and checking accounts
- Insurance policy
- Uncashed payroll checks
- Safe deposit contents
- Unredeemed gift cards
How To Find Wells Fargo Unclaimed Money
There isn’t a centralized government system that allows you to check if you have unclaimed property—each state has its own escheatment laws. If you want to search for your abandoned assets, you have two options to do so:
The NAUPA helps Americans find the institution dedicated to handling unclaimed property issues in a certain state. The Missing Money website allows you to do a multi-site search for over 40 states in the U.S.
If you want to find unclaimed money on your own, follow these steps:
How To Make Your Search More Efficient
All the treasurers will require some info about you to ensure the search is as thorough as possible. Besides your first and last name, you might be asked to provide:
- Middle name
- Current address
- All former addresses
- Social Security number
- The number of the abandoned Wells Fargo bank account
- The name of the state in which you opened the account in question
It’s good to have all information prepared beforehand to save some time since the process can be time-consuming.
If you don’t succeed in finding your unclaimed money right away, you can try:
- Checking the spelling
- Changing the order of your first and last name
- Using abbreviations—for example, Jr. instead of Junior
- Writing the quotation marks
Do you have a deceased family member who had an account in Wells Fargo? When it comes to searching for unclaimed money from deceased relatives, you should have the above-mentioned info as well as their death certificate and proof that you’re an eligible heir. Make sure to check all the states the relative in question lived in to see if there is unclaimed property under their name.
Need a Simpler Solution? Find Your Abandoned Wells Fargo Assets With DoNotPay
DoNotPay has a tool that will save you a lot of time by helping you avoid navigating different websites. To find all unclaimed money under your name hassle-free, follow these steps:
- Log in to your account from a web browser
- Click on our Missing Money tool
- Type in your middle name
- Enter your current and previous addresses
You won’t have to visit the website of each state’s treasurer individually because we will scan all databases to collect the money you’re entitled to claiming. Instead of wasting hours searching for abandoned assets on your own, you’ll only invest a few minutes, and we will do the rest.
DoNotPay Can Help You File a Claim for Wells Fargo Bank Unclaimed Money Too!
Besides finding all your unclaimed money swiftly, DoNotPay can also help you claim it by filing a claim on your behalf. Pick our Claim My Property feature and save both time and money since you won’t have to hire a person to do the job in your stead.
All states have different rules and regulations when it comes to unclaimed money. DoNotPay is here to take care of everything so you don’t have to. We will help you claim abandoned money in any state in the U.S., including:
Why Don’t People Claim Their Assets More Frequently?
Apart from people not being aware they have funds they can rightfully claim, there’s another common reason why there are so many unclaimed assets. Americans think that the process of finding and claiming them is too complex, which is fair to assume considering that there isn’t a centralized government system dedicated to abandoned property.
Keeping in mind that rarely anyone has more than 100 dollars of unclaimed money, it’s understandable why many Americans think that the amount is not worth the struggle. Relying on DoNotPay will make the process less stressful and allow you to claim your hard-earned money.
Why not treat yourself to a nice pair of shoes or fancy dinner if DoNotPay can help you get your money fast and hassle-free?
Take Advantage of Other DoNotPay Features
Helping you claim your abandoned Wells Fargo bank assets in various American states—such as Montana, Oregon, and Virginia—isn’t the only task DoNotPay can complete. We can also assist you in dealing with other issues related to Wells Fargo. With our AI-driven app, you can block Wells Fargo spam emails, cancel Wells Fargo identity theft protection, get a refund from the bank, and much more.
You can rely on DoNotPay when facing other everyday issues as well. Open your account in a web browser, and count on us to assist you in:
- Bringing anyone to small claims court
- Contesting speeding tickets
- Solving credit card problems
- Blocking text message spam
- Requesting a refund from any company
- Terminating any subscription or membership
- Appealing traffic tickets
- Fighting parking tickets
- Getting in touch with customer care agents fast and stress-free
- Making DMV appointments in under two minutes
- Filing a claim for any warranty
- Waiving college application fees
- Handling unpaid bills
- Registering for free trial periods without providing your credit card info
- Blocking and reporting spam emails forever
- Finding clinical studies and sending your application
- Locating and sending letters to your incarcerated friends or family members
- Requesting airline refunds and compensation for delayed or canceled flights
- Protecting your work against copyright violations
- Signing up for any service without the need to verify your phone number
- Finding and claiming any abandoned funds under your name
- Reporting robocalls and requesting compensation
- Learning how to handle stalkers and harassment