List Of Unclaimed Assets In Kenya
Unclaimed property refers to any financial asset that has been abandoned or unclaimed by the rightful owner for a specific period of time. Examples include Bank accounts and the contents of safe deposit boxes. Dividends, payroll, or cashier’s checks. Stocks, bonds, mutual fund accounts.
In this article Keweb.co tries to answer the question by publishing the full list of Unclaimed Assets in Kenya
Below is the full List of Unclaimed Assets In Kenya
Unclaimed Financial Assets Authority
Director: John Mwangi, Chief Executive Officer
Office phone: 020 4023000
Pacis Centre, 2nd Floor, Slip Road, Off Waiyaki Way, Westlands, Nairobi P.O Box 28235-00200 Nairobi, KE 00200
Unclaimed Property website: https://www.ufaa.go.ke/
Reporting website: https://www.ufaa.go.ke/index.php/unclaimedassets/holders/reportingportal/instructions
What happens to unclaimed assets in Kenya?
The law allows Ufaa to charge any entity that fails to surrender unclaimed assets a penalty of 25 percent of the assets held. Besides, the authority levies a penalty of between Sh7,000 and Sh50,000 for each day that the assets stayed before being submitted.
How do I get unclaimed money in Kenya?
Where the owner is claiming, the following are the requirements:
- Completed and duly commissioned Original Owner(s) claim form ( Form 4A)
- Completed and duly commissioned Indemnity agreement (Form 5)
- An official letter was received from the holder confirming the remittance of unclaimed financial assets to the Authority.
- Certified copy of the claimant’s national identity card or passport (Certified by a lawyer).
- Copy of claimant’s KRA PIN certificate.
How do you find out if you have unclaimed assets in Kenya?
Visit our website www.ufaa.go.ke or dial *361# to find out if you are one of the people owed.