Samantha Leathers

Unclaimed UK bank accounts hold billions in dormant funds that may be transferred to charitable causes after 15 years under the Dormant Asset Act 2022. Finance expert Laura Pomfret advises people to review any accounts they may have lost track of, as they could accrue interest or charges. Individuals can contact their bank directly or use the free service mylostaccount.org.uk to locate forgotten accounts before reclaiming funds.