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Rakhi Vasavada
Rakhi Vasavada, Financial and Legal Consultant
Category: Finance
Satisfied Customers: 4545
Experience:  Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
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i purchased a couple of storage units at a recent public auction.My

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i purchased a couple of storage units at a recent public auction.My question i about a few US Savings Bonds we found in one of them.Can they still be cashed in even though your not the owner.

Dear Friend,


I am sorry to say that unless you know the owner and unless you are the rightful beneficiary, you cannot encash the bonds.


If you don't own the bonds, you need to prove that you have a right to cash them. For example, if the bond owner died and you are the beneficiary, you'll need to identify yourself and bring a certified copy of the owner's death certificate to the bank.


Thus, you may not be able to encash the same without this.


I hope this would help...

Warm Regards,

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