What is
a Refunding Specialist?

A refunding specialist works within the niche industry of unclaimed money. Their role is to locate businesses or individuals that currently have outstanding payments owing to them and facilitate the claiming process for their clients. Currently, statistics show that within Australia alone, there is an estimated $23.7 billion in lost funds waiting to be claimed by their rightful owners. The trouble in most instances is that people or organizations are completely unaware they have money owing to them. Funds that remain unclaimed over a period of time are consumed as government revenue; hence, the important need for a refunder!

HOW DO PEOPLE LOSE THEIR MONEY YOU ASK?

Quite easily, actually, people may move to several different addresses without correctly updating their details with all their service providers, dormant bank accounts, changes made to their superannuation, overpayments, and eligible to dividend payouts they were not aware of, the possible scenarios are endless. Refunders specialise in looking for missing money pertaining to lost bank accounts, unrepresented cheques, lost superannuation, dividends/shares, life insurance, and deceased estates, just to name a few of their areas of expertise. Legislation provides that every year all mising money must be disclosed and transferred to regulated trust accounts nationally.

Every year the amount of missing money increases and sadly much more expire and are lost forever. Herein, lies an incredibly unique opportunity in a Multi Billion Dollar industry to position yourself as a trained refunder providing as much needed solution to the increasing number of people missing out on their hard earned money, whilst also earning an income helping reunite people with their lost funds.

Operating a refunding business has become quite attractive due to the uniqueness of the business, the obvious need in the industry and the flexibility and financial gains that comes with the
opportunity

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HOW DOES THE REFUNDing PROCESS WORK?

One of the attractive aspects of operating a Refunding Business is the business model itself, it is very transparent and ethical for both the refunder and their clients. Refund Specialists will search through listing of missing money and trace down the rightful owner. Once located they will inform the owner of the funds outstanding to them and offer their service to help them in lodging a claim for their lost funds. The client will sign an agreement to the refunder along with Identification documents, allowing them to act on their behalf in further investigating the funds and working alongside the client to gather all necessary documentation for a successful claim.

Once the claim is approved, the Refunding Specialist will typically receive the funds owing to the client, they will forward this on to the client minus their percentage charged as their service fee. There are no upfront fees. The client is required to pay providing the client with peace of mind, as service fees will come directly from the funds that are recovered successfully. If the claim is not successful, there is no service fee charged. Sounds simple? And generally it is provided the proper training is obtained to insure Refunding Specialists are working correctly by legislative requirements and become highly skilled in their ability to locate lost funds, their owners and have a thorough understanding of how to lodge successful claims. Without the correct training this is not easily achievable.

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HOW DOES THE REFUND PROCESS WORK?

Be in business for yourself as a trained Claims Coordinator providing a highly valuable service, whilst enjoying the freedom and flexibility of being your own boss. Work when you want on your terms and from anywhere you like, and never be geographically restricted again.

Low investment and
ongoing operating fees
with high returns

Multibillion Dollar
Industry

A large pool of clients
and increasing every
day

provide a service that is
truly beneficial to your
clients that you feel
great about!

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