Paylivre

Money forgotten in banks will revert to the government

Funds unclaimed by individuals and companies in bank accounts will go to the government if they are not redeemed within 30 days

The bill, approved on Wednesday night, is a transitional measure for the end of the exemption and provides that, after the established deadline, the forgotten amounts will be directed to the National Treasury.

Central Bank data reveals forgotten money

The most recent data from the Central Bank shows that there are R$8.56 billion available for redemption in the Securities Receivable System (SVR). This system allows individuals and companies, including the deceased, to check if they have forgotten money in banks or other financial institutions.

Currently, 931,874 people have more than R$1,000.01 to withdraw, and 5.1 million have between R$100.01 and R$1,000 forgotten. Most beneficiaries have smaller amounts: 32.9 million have up to R$10. These figures refer to July and were updated by the Central Bank last Friday (6). It is worth noting that one person can have multiple accounts with forgotten amounts.

How to consult and withdraw forgotten Money

To consult and request redemption of forgotten money, visit the Central Bank's official website: valoresareceber.bcb.gov.br. You will need to provide a PIX key for the money to be returned. If you haven't already registered a PIX key, contact your financial institution to determine how you will receive the money or create a key and return to the system to complete the request.

It is important to remember that you have 30 days to redeem the funds. After this period, the funds will be sent to the National Treasury.

In the case of funds belonging to deceased persons, only heirs, executors, executors of estates or legal representatives have the right to consult and request redemption, by filling in a term of responsibility.

About Paylivre

Founded in 2019, Paylivre is one of the largest payment intermediaries in Brazil, developing solutions for borderless digital payments to companies around the world.

With a focus on the customer, deep knowledge of the market and passion for what we do, we conquer companies around the world and offer new possibilities in payments in Latin America in a practical and safe way.

Offer more security and protection to your user with our robust infrastructure and proprietary technology. Click here and discover how Paylivre can offer you the best borderless digital payment solution.