RM3.4bil in unclaimed monies reclaimed as of end-May, says Finance Ministry

KUALA LUMPUR: The amount of unclaimed monies (UM) being reclaimed as of May 31 this year totals RM3.4bil, according to the Finance Ministry.

The ministry said the number of applications received by the Registrar of Unclaimed Monies doubled in the first five months of 2023 compared to last year’s corresponding period, reflecting the rising public awareness about UM.