How to request a refund of money forgotten by Valores a Receivable before the deadline and avoid it being lost forever
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Currently there are still approximately 8.5 billion reais of money forgotten in banks and financial institutions and now this money could go to the federal government if it is not claimed by its owners within 30 days (counting from the future publication of the new federal law on the subject).
This money forgotten by Brazilian citizens in banks, finance companies and other financial institutions will help bolster the government's coffers if they don't request a refund.
Once the 30-day deadline has passed, all the forgotten money will be incorporated by the National Treasury, so don't leave it to the last minute and request the refund of any forgotten amounts as soon as possible using BACEN's Valores a Receber system.
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At this point, it's very important to make a point: unfortunately, there are many scams via fake Valores a Receivable websites. So make sure that you are accessing the OFFICIAL site, whose consultation and refund are 100% free.
So keep reading this article to understand how Valores a Receber works, how to request a refund and which is the OFFICIAL website for the system to avoid falling for scams.
Quick Index:
New law that can collect your forgotten money!
With the new Federal Law on forgotten valuables, there will be significant changes in the destination of unsolicited money. Previously, the money remained available to citizens indefinitely.
Now, with the approval of the law, the deadline for claiming these amounts will only be 30 daysThis period will run from the date of official publication. If the request is not made within this period, the amount will be incorporated into the National Treasury, with no possibility of reversal.
The aim of this change is to use idle funds to relieve the government's cash flow, reinforcing its budget. However, for citizens, this means the need for greater attention and agility when making enquiries and requesting the return of forgotten money, under penalty of losing their right to it once and for all.
Understand the new deadline
From the official publication of the new law, citizens will have 30 days to make the enquiry and request a refund of the forgotten amounts.
This is a relatively short period of time, especially considering that many Brazilians are unaware that they have money tied up in financial institutions.
After this deadline expires, the federal government may incorporate the amounts into the Treasury, making them unavailable for withdrawal. That's why it's essential to keep an eye on the effective date of the new regulations and act quickly to ensure that forgotten amounts are redeemed.
How to avoid losing your forgotten money
To avoid losing forgotten valuables, the main tip is to act quickly. Even though it hasn't yet been sanctioned by the president, the law has already been approved by the Chamber of Deputies and the Senate. So the chances of it being passed are even greater.
Don't waste time and go to BACEN's official Valores a Rece Receber website and follow the procedure for requesting a refund.
It's also important to keep up to date with legislative changes that may affect the possibility of recovering these amounts.
Check regularly to see if there is a balance available for withdrawal and, if you spot an amount, request a transfer before the period runs out.
What is the Values Receivable System (SVR)?
The Receivables System (SVR) was developed by the Central Bank to allow citizens and companies to consult and request amounts that have been forgotten at banks and other financial institutions.
These amounts can include closed accounts with a balance, unredeemed consortium quotas, unduly charged fees and others.
With the growth in the volume of forgotten valuables, the SVR has become an essential tool for people to recover what belongs to them quickly and easily, simply by accessing the official system and following the instructions.
How to check forgotten values in the SVR?
To check if you have any forgotten amounts, the process is quite simple and can be done online. Follow the steps below:
- Visit the official Central Bank for the system Receivables:
- Enter your CPF or CNPJ and date of birth.
- After this check, the system will tell you if there are any amounts to be redeemed. If there are amounts available, the next step is request a refundas we'll explain in the next section.
You will be redirected to the government website.
How do I request a refund?
Once it has been verified that you are entitled to forgotten amounts, the Valores a Receber system will show you how to request a refund. The money can usually be transferred directly to your bank account via a PIX key, making the process easier.
However, some cases may require the holder of the amount to contact the financial institution holding the money directly. In these cases, it will be necessary to follow the procedure indicated by the institution itself in order to finalise the redemption.
Find out more with the step-by-step below:
- Read and accept the Disclaimer to continue.
- Select the "Order here" and choose your PIX key to have the money transferred directly to your account.
- If you don't have a registered PIX key, the system will allow you to contact the financial institution responsible to set up another form of return, such as by TED or DOC.
Return period: The amount will be transferred to your account within 12 working days. Remember to write down and keep the protocol number generated during the request.
Read also: Use Caixa Tem to receive your forgotten valuables
How to recover valuables from deceased people
If you are the heir, executor or legal representative of a deceased person, the process for consulting and redeeming the amounts follows similar steps, but with a few extra steps:
- On the SVR websiteselect the "Values of deceased persons".
- Insert the CPF and date of birth of the deceased person.
- Read and accept the Term of responsibility.
The system will tell you if there are any amounts available and which financial institutions they are in.
To complete the redemption, you will need to contact these institutions directly, which may require documents such as the death certificate and other proof of kinship or legal representation.
What happens if you don't apply on time?
If the citizen or company does not request the redemption of the forgotten amounts within the established deadline, the amounts will be automatically transferred to the National Treasury.
This means that once the money has been transferred, it will no longer be possible to get it back.
This measure, defined by the new legislation, aims to direct idle funds to bolster public accounts. That's why it's essential for holders of forgotten funds to be aware of the deadline and apply for them as soon as possible.
WARNING: Tips to avoid SVR scams
Due to the popularity of the system and the high amount of money involved, many scammers create fake websites that simulate the official Central Bank system. To avoid falling into traps, follow these tips:
- Always access the site directly via official website of Receivables
- Never give out your personal details or banking on untrustworthy websites.
- Remember that the consultation and refund process is completely free e does not require intermediaries.
By following these recommendations, you can recover your valuables safely and worry-free.
Is it worth using SVR?
Absolutely! The Receivables System is a practical and free tool that allows you to recover forgotten amounts, often unknown to the owners.
Thousands of Brazilians have already successfully redeemed their money, and you too can take advantage of this opportunity.
It's never been easier to consult and recover forgotten valuables. Through the Central Bank's SVR, the whole process can be carried out online, quickly and securely. Don't forget to check if you have any receivables - make your enquiry as soon as possible!
Read also: How to check your forgotten money
FREQUENTLY ASKED QUESTIONS
What is the Values Receivable System (SVR)?
It's a Central Bank platform that allows you to consult and request amounts forgotten at banks and other financial institutions.
Who can consult and request the forgotten values?
Any person or company with a CPF/CNPJ, as well as heirs and legal representatives of deceased persons.
How do I know if I'm owed money?
Go to the Central Bank's official website, enter your CPF/CNPJ and date of birth to see if any amounts are available.
What is the deadline for requesting a refund?
After the publication of the new law, the deadline for requesting redemption will be 30 days, before the amounts are transferred to the National Treasury.
Is it safe to use the Receivables System?
Yes, the system is safe and free, but make sure you go to the official website to avoid scams.
IMPORTANT!
The law has not yet been officially passed. The bill passed through the Chamber of Deputies in 12th September 2024But now it is awaiting the president's signature. As soon as the law is sanctioned and published, it will begin to be applied. 30-day deadline so that citizens can recover forgotten amounts before they are transferred to the National Treasury.
