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Understanding how long it takes for the bank to deposit the anniversary withdrawal into the account is vital when deciding and choosing this FGTS payment method. For many, this choice really needs to be worth it. However, since not everyone is aware of how the payment is made, nor how long it is available, we have created this material to clarify these issues.
Continue reading this text to better understand how this payment occurs!
How long does it take for the FGTS anniversary withdrawal to be deposited into the account?
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First, it is essential to understand that the payment of the anniversary withdrawal only occurs in the month of the worker's birthday. Therefore, precisely for this reason, this FGTS withdrawal option is given this name. Payments are always made in the month of the holder's birthday, aiming to simplify the transfer of the amount.
In fact, with millions of workers being able to choose this payment method, this arrangement proves to be quite convenient.
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However, many people question how long it takes for the anniversary withdrawal to be deposited into the account, once the respective month begins.
In basic terms, the money is allocated 15 days before the employee’s birthday month. However, this does not mean that the individual will receive the payment instantly as soon as the month begins. The time it takes for the money to be deposited into the account can be approximately 5 business days. In other words, if you celebrate your birthday in December and opted for the payment, you will have to wait until the fifth business day of the month to have the amount in your account.
It is also worth noting that there is no specific time for payment to be made. The time may differ from one case to another, especially considering that different financial institutions may be involved.
How long does the money remain available?
If you have chosen to withdraw your money from a Caixa account, you should know that it will remain available for withdrawal for up to three months. This means that if you receive it in your account on the first day of March, it will be returned to your FGTS account on the first business day of June.
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This is the interval available from the moment the anniversary withdrawal is deposited into the account until it returns to the FGTS.
It is crucial to emphasize that when this occurs, that is, when there is this return, the worker does not suffer any loss. The payment was simply not withdrawn and returns to the holder's FGTS account.
So, if you have seen news reports that this money is “lost” after three months without withdrawal, be aware that this is not true. Although it is not possible to withdraw it after three months, this does not mean that you have lost the amount. It has simply returned to your FGTS account.
Therefore, in addition to understanding how long it takes for the anniversary withdrawal to be deposited into the account, don't forget to observe the withdrawal deadline, okay?
