Many Brazilians still don’t even know that they have forgotten the money they should get, but they can get amounts ranging from 10 Brazilian reals to 1000 Brazilian reals.
Thousands of Brazilians have forgotten money in banks and financial institutions without knowing it. Recently, the government passed a new law that allows these amounts to be collected if account holders do not withdraw within a specified period.
This change is intended to boost the public treasury, but it provides a limited opportunity for people to recover their forgotten balances before the amount is finally integrated into the national treasury.
If you have money in old accounts, trusts or other institutions, the time to act is now to ensure that balance is recovered.
Government gives carte blanche to collect forgotten funds
Law No. 14.973/24, approved by President Luiz Inácio Lula da Silva, provided for the gradual payment of payrolls and included, among its provisions, the possibility for the government to collect amounts forgotten by account holders in financial institutions.
The Central Bank revealed that there are still R$8.56 billion available for withdrawal through the System of Receivable Values (SVR), which allows the consultation and recovery of these resources.
According to Article 45 of the regulation, coin holders have up to 30 days from the publication of the law, on September 16, to withdraw their available balances in SVR.
This deadline is final for the first stage of the process. If the money is not refunded within this period, the National Treasury will collect it. After that, it will not be possible to request it again until the notice is issued.
If there is no withdrawal at this second stage, account holders will still be able to take legal action within six months of their merger into the treasury, and hire a lawyer to try to recover the funds.
However, the legal process can take a long time, so the best option is to recover the balance within the deadlines announced by the government.
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How do I know how much I can get?
There is still a significant amount of forgotten funds available for withdrawal. According to the Central Bank, 63.01% of beneficiaries have up to R$10 to receive, while amounts between R$10.01 and R$100 correspond to 25.32% of account holders.
Only 1.78% of beneficiaries are entitled to receive more than R$ 1,000. To find out if you or your company have any value that you want to recover, simply access the System of Receivable Values (SVR), available on the official website of the Central Bank.
The consultation and withdrawal process is simple and online:
- Log in to the Central Bank websiteGo to the official website of the Central Bank and locate the bank page. Standard Value Receivable (SVR).
- Log in with your Gov.br accountAccess to SVR is via your Gov.br account. If you don’t already have an account, you can create one quickly and easily.
- Check if any funds will be receivedAfter logging in, the system will notify you if you or your company has any funds available for withdrawal. If you have any, the site will display the financial institutions where the funds have been deposited.
- Request for salvation: If there is available credit, follow the system instructions to request a refund. The amount will be credited to the account notified during the request process.
- Follow the processThe Central Bank is aware that the deadline for depositing the refund varies from one financial institution to another. Therefore, it is important to monitor the progress of the request until the withdrawal process is completed.
Don’t miss the deadline and secure your balance before the National Treasury collects the payments.
See more: You may be an heir and not know it: Find out if you are entitled to money from the time your savings were seized
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