FGCs GUARANTEE

Ordinary Guarantee – up to R$ 250,000.00 

The following credits are duly covered by the ordinary guarantee granted by the FGC:

The following items are not covered by the ordinary guarantee:

I - deposits, loans, or any other funds raised abroad;

II – deposits raised from residents abroad;

III - operations related to programs of governmental interest instituted by law;

IV – judicial deposits;

IV - any financial instrument that contains a subordination clause, authorized or not by the Central Bank of Brazil to comprise the regulatory capital of the financial institutions and other institutions authorized to operate by the Central Bank of Brazil;

VI - credits:

a) owned by financial institutions and other institutions authorized to operate by the Central Bank of Brazil, private pension entities, insurance companies, capitalization companies, investment clubs, and investment funds; and

b) consisting of shares of investment funds or that represent interests in the entities referred to in item “a” or in their own financial instruments.