Money going unclaimed, says NS& I
24/08/2006
Consumers who have recently been involved in the home buying process could be missing out on money that is rightfully theirs, it has emerged.
Those individuals moving home may have forgotten to pass their new address details onto their financial providers and could be unaware of premium bond prizes they have won, according to National Savings and Investments (NS& I).
The financial organisation has begun a nationwide search to find the 514,000 premium bond winners who have yet to claim their prize.
NS& I indicates that the prizes are worth a total amount of £30 million, including one prize worth £25,000.
Sally Swait, premium bond manager at NS& I, said: "With the stress of moving home, it is all too easy to forget to tell everyone your new address, including financial providers.
"For premium bond holders, they could be literally walking away from their prizes if they have not kept NS& I updated.
"We are standing by to re-unite people with any unclaimed prizes and we urge anyone who believes they could have such a prize to check with … our website."
She adds that "there is no time limit on claiming the prizes".
NS& I holds a premium bonds draw every month where two £1 million prizes are won, in addition to millions of other cash gifts.
Those individuals moving home may have forgotten to pass their new address details onto their financial providers and could be unaware of premium bond prizes they have won, according to National Savings and Investments (NS& I).
The financial organisation has begun a nationwide search to find the 514,000 premium bond winners who have yet to claim their prize.
NS& I indicates that the prizes are worth a total amount of £30 million, including one prize worth £25,000.
Sally Swait, premium bond manager at NS& I, said: "With the stress of moving home, it is all too easy to forget to tell everyone your new address, including financial providers.
"For premium bond holders, they could be literally walking away from their prizes if they have not kept NS& I updated.
"We are standing by to re-unite people with any unclaimed prizes and we urge anyone who believes they could have such a prize to check with … our website."
She adds that "there is no time limit on claiming the prizes".
NS& I holds a premium bonds draw every month where two £1 million prizes are won, in addition to millions of other cash gifts.
