AMITY REFUNDS Australian Businesses

1. At any given time it is estimated that there is over $20 billion dollars of lost or unclaimed money in Australia- held in the trust accounts of 9 statutory authorities. 2. Should money remains unclaimed for a specific period of time, this could default to Government coffers. 3. The industry standard for money recovery agencies is 15% +GST. 4. There are not upfront costs to the owner of unclaimed money. 5. Agency fees only become payable on the successful recovery of funds. 6. The agency fee is normally deducted from the recovered money amount. 7. When funds are released to the recovery agency by a statutory authority, the owner is notified by the authority. 8. Funds are usually forwarded to the owner within 14 days of the release date. 9. Money recovery agencies are registered with the relevant statutory authority and the agency's trust account by law has to be audited. AMITY REFUNDS was established in 2017