Holders of Unclaimed Financial Assets
Holders of unclaimed financial assets (UFAs) are persons and organizations that have been unable to find the owner or right-holder of such assets and that:
- owe an amount to the owner or right-holder; or
- are holding property on the owner's or right-holder's behalf.
Remitting UFAs
Holders of UFAs are subject to the Unclaimed Property Act and must remit the unclaimed assets in their possession to us.
Holders registered with Revenu Québec
If you are registered with Revenu Québec, you must remit UFAs by:
- using My Account for businesses (the online form or an XML file, which cannot include more than 2,000 UFAs); or
- filing form BD-81.5-V, Statement Concerning Unclaimed Property (only for 10 or fewer UFAs).
Holders not registered with Revenu Québec
Holders in Québec that have to remit UFAs under the Unclaimed Property Act must be registered with Revenu Québec.
To register, use the Register a New Business service if you are not registered with Revenu Québec, even if you've been operating for some time.
For more information, see the Registering with Revenu Québec page.
Holders outside Québec that are not registered with Revenu Québec must contact us:
- by email at [email protected];
- by phone at 1 866 840-6939.
An employee will explain the steps to follow.
If you are unable to remit more than 10 UFAs in My Account for businesses, contact us:
- by email at [email protected];
- by phone at 1 866 840-6939.
An employee will explain the steps to follow.
If you hold UFAs and you want to know how to remit them, see the Guide for Holders: Unclaimed Financial Assets (BD-81.5.G-V).
Authorization or power of attorney
You can give a designated person (spouse, family member, accountant) authorization or power of attorney for purposes of the Unclaimed Property Act so they can access the confidential information or documents we hold about you or act on your behalf.
Authorization and power of attorney differ:
- Authorization gives the designated person access to the confidential information we hold about you and the confidential documents that concern you.
- Power of attorney gives the designated person access to the information and documents and allows them to act on your behalf.
So we can send a designated person information about something like unclaimed property belonging to you, you can:
- complete form BNR-107-V, Authorization to Communicate Information or Power of Attorney – Unclaimed Property Act, and send it to the address shown on the form;
- write a letter telling us you are giving the designated person authorization or power of attorney for purposes of the Unclaimed Property Act, and send it to the following address:
Direction principale des biens non réclamés
Revenu Québec
C. P. 3000, succursale Place-Desjardins
Montréal (Québec) H5B 1A4
Requirements for using the online services in My Account for businesses
You have to be registered for clicSÉQUR – Entreprises, the government's authentication service, to use the online services.
If you are not registered yet, see "Registering your business for My Account" on the My Account for businesses page.
You must make your remittance in My Account for businesses if you have more than 10 UFAs to remit. You can use either the online form or an XML file.
To make your remittance, be sure to have the following on hand:
- general information about your remittance
- information about the owners
- information about the property
- documents to attach
General information about your online remittance
Provide all of the following information when remitting UFAs:
- the holder category
- the end date of the fiscal period in which the property became unclaimed
- the remittance deadline
- the currency
Information about the owners
Provide all the information you have on each property owner, including their name, social insurance number, date of birth and address, so that we can find the right-holders.
Information about the property
For each property being remitted, specify the type and provide the beneficiary's information.
If you use the online form, be sure to attach all supporting and other required documents.
To make your remittance online using an XML file:
- download an XML file
- attach the XML file to your remittance
- attach all supporting and other required documents
See guide SW-569-V, Submission of Unclaimed Financial Assets – Technical Specifications for XML Files, for more information on producing XML files.
Overview of submitting the statement and making the remittance in My Account for businesses
To finalize your UFA remittance:
- check the property remitted
- add supporting documents (if applicable)
- make the required statement
- submit the statement
If you do not complete your online remittance right away, we will keep it open and accessible for 30 days.
Acknowledgment of receipt in My Account for businesses
Once you submit your statement, you will receive a message with a reference number confirming that we received your remittance.
If you have 10 or fewer UFAs, you can remit them using form BD-81.5-V, Statement Concerning Unclaimed Property.
Payment methods
Payment related to an online remittance in My Account for businesses
If you remit UFAs in My Account for businesses, you can make the related payment using the payment service for property remittances in My Account.
If you want to make the payment related to your online remittance right away, copy the payment code from the acknowledgment of receipt and choose how you want to pay.
The options are:
- online, using your financial institution's payment service, accessible through either:
- My Account for businesses, or
- your financial institution's website (the payment date is the date the transaction is made with the institution)
- in person at your financial institution or ATM
- by mail
To make your payment later, use the payment service for property remittances, print your acknowledgement of receipt and then sign out once your payment is made.
Payment related to a remittance made using the paper form
You can make your payment either by mail or in person. In either case, enclose a cheque or money order with form BD-81.5-V, Statement Concerning Unclaimed Property.
Paying by mail
- You can mail us a cheque or money order payable to the Minister of Revenue of Québec. Be sure to sign it and date it using the year in which the payment is made.
- Mail form BD-81.5-V or the remittance slip you completed using the online payment service for property remittances along with your cheque or money order to the following address:
Direction principale des biens non réclamés
Revenu Québec
C. P. 6500, succursale Place-Desjardins
Montréal (Québec) H5B 0B6
If you remit UFAs by mail and we receive the remittance after the deadline, you will not have to pay any interest right away. We will review the remittance and send you a payment notice (and remittance slip) detailing the total interest due.
Questions?
If you have questions, email us at [email protected] and we will get back to you quickly.
Applying for the cancellation or waiver of late-remittance interest
You can apply for the cancellation or waiver of interest you are required to pay under the Unclaimed Property Act if you could not remit the property by the prescribed deadline due to:
- an exceptional situation beyond your control, such as:
- a natural disaster (flood or fire),
- a postal service interruption,
- major computer system problems,
- a serious illness, death or other situation that prevents you from performing your usual duties;
- an action attributable to Revenu Québec, such as:
- an error in the documents provided by Revenu Québec or in the information Revenu Québec communicated verbally or in writing,
- an undue delay in processing the file;
- your inability to pay the late-remittance interest owing, as demonstrated by a complete financial analysis of your situation.
Deadline
You must apply for the cancellation or waiver of interest within three years of the date of the request for payment of late-remittance interest.
How to apply for the cancellation or waiver
Send us a written application explaining your situation along with supporting documents, either by secure email or by mail.
Sending the application and supporting documents
To send your application and supporting documents by secure email, you will first need to register for our secure messaging service. Contact us at [email protected]. One of our employees will tell you how to register.
If you can't send your application and documents by secure email, you can mail them to the following address:
Direction principale des biens non réclamés
Revenu Québec
C. P. 6500, succursale Place-Desjardins
Montréal (Québec) H5B 0B6
If you disagree with our decision regarding your application, you can ask for a review. Send an explanation of why you believe the decision is unfair or unfounded to the address on the letter we sent you informing you of our decision.
The decision on a request for review is not subject to appeal. It can therefore not be contested in any way.