Reclaim Fund Ltd

Stand: 8

Reclaim Fund Ltd makes it possible for money in dormant building society and bank accounts to be used to help good causes.

Actively operational since 2011, our role is to support the UK Government and financial services industry in enabling dormant account monies to be used for good causes, whilst ensuring the right of account holders to reclaim account balances.

During 2018, Reclaim Fund distributed £153m to The National Lottery Community Fund, bringing the total distributed so far to £515m. We also launched the Alternative Scheme for building societies and banks with balance sheets below £7bn to enable them to utilise their qualifying dormant accounts to support their favoured local and aligned charities.