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Every year the Beaufort County Treasurer’s Office submits unclaimed funds to the South Carolina State Treasurer’s Office. Each year millions of dollars are transferred to the State Treasurer’s Office by organizations who cannot locate their intended recipient. It is the responsibility of the South Carolina State Treasurer to hold them on behalf of taxpayers until the funds are claimed.
Before submitting unclaimed funds to the State, the Beaufort County Treasurer’s Office must send a written notification to the address of record, giving the taxpayer the opportunity to claim the funds before they are submitted to the state.
Unclaimed property are assets listed in your name that were not successfully transferred to you. Some common forms of Unclaimed Property include savings or checking accounts, stocks, uncashed dividends or payroll checks, and refunds. Beaufort County’s most common forms of unclaimed funds are uncashed checks.
The Treasurer’s Office is preparing to submit unclaimed funds to the State Treasurer’s Office. Prior to their submission, Beaufort County residents may claim their unclaimed property by first confirming they have funds on the unclaimed funds list and then filing a claim online or in-person.
There is no time limit for claiming your funds; the rightful owner always has the right to claim them. Additionally, there is no fee to claim them. If you are contacted by an individual or firm offering to return property to you for a fee, contact the South Carolina Unclaimed Property Program Offices before signing any agreement.
The public is still encouraged to search the South Carolina State Treasurer’s Office unclaimed funds listing as well as MissingMoney.com for funds held by other states in which they have lived. Unclaimed funds held by the South Carolina State Treasurer’s Office may be claimed online or by calling 803-737-4771 for more information.