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 people 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 people are unaware that ISC is holding a trust account on their behalf. In situations where those individuals have reached the age of majority in the province, territory or place of residence 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:
- Establishing contact with beneficiaries through:
- Mail-outs
- Phone calls
- Emails
- Working with First Nation offices
- Assessing applications for payouts
- Processing payments to beneficiaries
- Replying to enquiries relating to individual trust accounts
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 place of residence and on whose behalf ISC is holding a trust account.
How to apply
Step 1: Get the Individual Trust Account Payout Request form
- Online
- By mail, by contacting Public enquiries
- In person:
- At any regional office
- At any First Nation office
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:
- By mail to:
Trust Account Processing
Indigenous Services Canada
10 Wellington Street
Gatineau QC K1A 0H4 - By email to ffsat-tmeta@sac-isc.gc.ca
- In person at any regional office
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 testddest-east@sac-isc.gc.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.