Company Information

Get to know british columbia unclaimed property society

Established in 2003, the British Columbia Unclaimed Property Society (BCUPS) is a not-for-profit organization that administers the province's unclaimed property program. Its primary mission is to reunite owners with their dormant or forgotten financial property, which can include funds from inactive credit union accounts, forgotten security and safe deposit box deposits, proceeds from life insurance policies, and funds held by courts and trust companies. BCUPS acts as a custodian for these assets, maintains a free searchable database for the public, and facilitates the claims process to return the funds to the legitimate owners or their heirs.

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british columbia unclaimed property society

Canada

Founded in

2003 (23 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.