One in five investors have stumbled across savings they had forgotten they had, new research has found.
Clydesdale and Yorkshire Banks said that some Britons have, in fact, found they had a four or even five-figure sum stashed away somewhere.
Around 21 per cent said they had found money they had forgotten about.
The research also revealed that an absent-minded eight per cent of Britons had forgotten savings in a deposit account, bond or Isa which they took out as an adult.
Steve Reid, director of retail banking at Clydesdale and Yorkshire Banks, commented: "Our research revealed that people are still keen to save this year and it's encouraging that people are putting money away for the future.
"However, about a third are keeping savings in their current account, missing out on interest rates so we would always encourage people to look at ways to make their money work harder in a savings account to suit their needs."
One in five investors have forgotten money, research shows
One in five investors have forgotten money, research shows
Tue, 25 Jan 2011
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