Forgotten Money is one benefit that many people don’t have access to yet, but it may go offline soon.
Thousands of Brazilians have forgotten the amounts in financial institutions, and many still do not know how to recover this money.
In short, these amounts can be recovered through the System of Receivables Values (SVR), a platform created by the Central Bank to facilitate the return of amounts that were “stuck” in accounts or financial services.
As the countdown to the end of the withdrawal period begins, it is important for citizens to remain vigilant so as not to miss the opportunity to restore their values.
In this sense, this recovery is essential for those who need this money, whether to pay off debt or to bolster their savings.
Where does the forgotten money come from?
In principle, forgotten money in the receivables value system can have multiple assets, related to different financial operations that often go unnoticed by citizens. The main sources of these values are:
- Old bank accounts: Money that remained in accounts that had already been closed without the owner of the money having access to the trustee.
- Final unions: Consortium values that have not been recovered after the expiration of the contract or the withdrawal of the consortium member.
- Equity shares in credit unions: Many people forget to withdraw their dues after leaving credit unions.
- Expired capitalization bonds: Some people take out capitalization bonds and forget to redeem the amount after the expiry of the contract.
- Incorrectly charged fees and liabilities: Funds that have been overcharged by financial institutions and must be returned to the customer.
- PIS/Pasep has not been withdrawn: In some cases, PIS/Pasep shares in linked accounts are forgotten.
These sources can accumulate in small or large amounts, which over time add up to billions of riyals of forgotten values.
The receivables system was created to ensure that these funds are delivered to their rightful owners or heirs, in a practical manner.
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The withdrawal deadline is running out
Moreover, the deadline for recovering forgotten funds in SVR is coming to an end, and citizens have until today October 16 To make a withdrawal.
After this period, anyone who does not withdraw amounts risks losing the opportunity to recover them for an indefinite period of time.
The process of logging into the system and requesting a money transfer is simple and done entirely online. Check out our step-by-step guide to secure withdrawals:
- Enter the official website of SVR: First, log in Central bank platform Through the official email address.
- Click “Review Amounts Receivable”: This is the first option that will appear on the page.
- Fill in the fields with your data: Enter the required information, such as CPF or CNPJ.
- Click “Consult”: The system will check for forgotten values in your name.
- Access the SVR using your gov.br accountTo apply, you will need a gov.br account with a silver or gold level.
- Check the scheduled date: The system will inform you when to return and check the available values.
- At the specified time, log in again: Use your login on gov.br and check the amounts available for withdrawal.
- Request transportation: In case of amounts, simply request a transfer directly to your bank account.
It is necessary to pay attention to the dates and follow the process correctly to avoid missing the deadline. After all, getting this money back could make a big difference to many people’s budgets, ensuring significant financial assistance.
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