Brazilians have R$ 119.83 million in the FGC; See who can withdraw it

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Thousands of Brazilians may be pleasantly surprised to discover that they are entitled to receive funds from the Credit Guarantee Fund (FGC), totaling R$119.83 million. This fund acts as a safety net for depositors and investors in financial institutions that, for some reason, were liquidated by the Central Bank.

The FGC guarantees up to R$250,000 per CPF or CNPJ across various investment modalities. These include checking and savings accounts, providing significant financial security in times of uncertainty.

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How can I check whether I have funds to receive?

Therefore, to find out whether you are entitled to receive these funds, the process is simple. Just access the FGC app, available for Android and iOS. After requesting the guarantee through the app, the FGC makes the payment via Electronic Funds Transfer (TED). This happens after the creditor signs the agreement in the app.

However, foreigners, minors, and estate administrators must send an email to [email protected]. This ease of access is an important measure to ensure that all beneficiaries can claim the funds.

What is the FGC?

The Credit Guarantee Fund is an institution that plays a crucial role in the National Financial System, offering guarantees of up to R$ 250 thousand per person in the event of a financial institution closing.

Funded by the monthly contributions of member institutions and the returns on its resources, the FGC covers various types of investments, including checking accounts, savings accounts, among others. This guarantee is a pillar of security for investors and depositors throughout Brazil.

How to request money from the FGC?

Therefore, to request money from the FGC, interested parties should access the FGC app and follow the indicated steps to check whether they have amounts to receive. Thus, the process is straightforward and aims to facilitate beneficiaries’ access to their funds.

However, in special cases, such as for foreigners and minors, the FGC offers an email support channel, ensuring that all beneficiaries have the opportunity to claim their rights.

Image: Marcello Casal Jr/Agência Brasil




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