How Do I Cash in My Bearer Bonds?

How Do I Cash in My Bearer Bonds?
The person holding the bearer bond certificate is considered the owner of the bond.

Locate a banking agent that will cash bearer bonds. Contact banks in your area to inquire about cashing your bearer bond. You may find that only a few banking agents around are willing to cash your bond. Bearer bonds have diminished in popularity, making finding a banking agent to cash the bond difficult.

Send the bond to a processing center for payment. US Bank allows bond holders to send in their bearer bonds to be cashed or deposited into their account. If your bearer bond has been called early, you may need to mail it to a separate branch of the bank. Contact the processing center for specific details. You will need to supply the original bearer bond, coupons, completed W-9 form and signed letter instructing who should receive payment and their mailing address.

Contact the issuer of the bearer bond. If you are unable to finding anyone willing to cash your bearer bond, you will need to contact the issuer directly. The bond will state the issuing company. Contact them by phone for instructions on how to redeem the bond.