Minors Account Payout Initiative

The Minors Account Payout Initiative is an outreach, intake and payment processing initiative led by Indigenous Services Canada's Trust Moneys, Estates and Treaty Annuities Directorate.

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About the program

This initiative aims to ensure that individual trust accounts held for persons who have become eligible to receive their money are paid out as quickly as possible, reducing the number of trust accounts held by Indigenous Services Canada (ISC).

Many persons are unaware that ISC is holding a trust account on their behalf. In situations where those persons have reached the age of majority in the province, territory or state where they live and haven't yet collected their money, ISC will continue to hold their money in a trust account until they can be contacted and paid.

The initiative includes:

If contact information is available for adults on whose behalf a trust account is being held, ISC will send them a letter and a request for payout form. The letter only mentions that they may have a trust account and asks that they complete and return the request for payout form. If you think ISC is holding a trust account on your behalf and you haven't received a letter, contact Public enquiries.

ISC also contacts registration administrators in First Nation offices to provide letters and request for payout forms for distribution to members who have reached the age of majority in the province, territory or state where they live and on whose behalf ISC is holding a trust account.

How to apply

Step 1: Get the Individual Trust Account Payout Request form

Step 2: Fill out and sign the request form

Include a copy of one piece of valid acceptable identification with the request form.

Step 3: Submit the request form

You can submit the completed and signed request for payout form, including one piece of valid acceptable identification:

Direct deposit instructions

Complete Section 3 of the request for payout form if you want to receive your payment via direct deposit.

An amount of $2.01 will be deposited in your account as a test deposit to confirm the banking information you provided on the request for payout form. Send us an email at sac.testddest-east.isc@canada.ca to confirm you've received the test deposit.

The $2.01 test deposit does not count toward your trust balance, which will be deposited in your account after you've confirmed receipt of the test deposit. Remember to include your email address in Section 1 of the request for payout form so we can send you a reminder about the test deposit.

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