Millions of Rands left in South Africa

Millions of Rands left in South Africa

You may be able to repatriate old policies and annuities left in South Africa. Thousands have forgotten policies lying in SA just waiting to be swept up. In the insurance and investment business they use the term 'orphaned money.' This is money which has been paid into policies but people have stopped paying into them and the Insurance or Investment Company has turned the account into a paid up policy.

Most of us began policies in our early 20s to early 30s and they became simple debit orders which we just never thought about any more.

Sadly many people, when emigrating, just stopped paying into these policies.

Because of the laws, no matter where you live in the world, this money can only be paid out to the named owner of the policy or the named beneficiary.

The industry has to try and trail these policy holders to pay out. If you have any policy in SA and just left it, for whatever reason, that money is still sitting there waiting for you to claim it. There is R1 billion waiting to be claimed. It still belongs to you.

You can claim it, you can have it, you can transfer it. You do not have to be over 55 any longer. 

Rand Rescue, world leaders in repatriating pensions and annuities from South Africa can easily help you track down policies and transfer the proceeds abroad to your domicile. With offices in major countries around the globe, their local UK office run by Peter Walker will be glad to step in and assist. You can reach Peter on Tel: 0203 773 8387 or via email  or connect via Rand Rescue's Facebook page below or click the button to send an enquiry:

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Rand Rescue

Rand Rescue, Offices in the United Kingdom, USA, Australia, New Zealand and South Africa. 731 likes · 114 talking about this. We help expat South...

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If you are under the age of 55, you can cash in 100% of your RA in RSA and transfer those funds to your bank account in your new home country to use as you wish. Get more details from Rand Rescue today.

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