Download the app and register to request guarantee payment
The first step is to download the app and register. Once you have registered,
30 Years of the FGC
The FGC will celebrate its 30th anniversary in 2025. We are a private, non-profit association. We work to build people's trust in the National Financial System (SFN) and, therefore, contribute to the country's economic and social development.
FAQ
Check out frequently asked questions related to the FGC and protected products.
Notice – BVA Bank Bankruptcy Estate
On October 15, a notice was published to the creditors of the Bankruptcy Estate of Banco BVA S/A (MFBVA). The notice is available in the court records of the 1st Court of Bankruptcies and Judicial Recoveries – Central Civil Court of the São Paulo State Court of Justice (TJ-SP).
Protected securities
The following credits are duly covered by the ordinary guarantee granted by the FGC:
Savings deposits
Savings deposits
CBD and RDB
Time deposits with or without the issuance of certificate
LCI
Real estate notes
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LCD
Development credit letters
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LCA
Agribusiness credit notes
LH
Mortgage notes
How guarantee payments work
Understand the step-by-step process for paying the guarantee through the FGC
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Process between the Liquidator and FGC
The process begins as soon as the Central Bank declares the bankruptcy of a financial institution
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Do the register
To request payment of the guarantee, you must download our application and register
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Wait for the list of creditors to be sent
We wait for the bankrupt institution to send us the data of all the people who were affected and will need a guarantee payment.
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Start of payment
We have started paying guarantees for people who already have their registration up to date.
Associated institutions
Latest news
Check out the latest news related to the FGC
Support materials
Check out our materials, reports and other important information
If you have any questions, we are here
Ask any questions or speak to our customer service team
FGC is a private, non-profit organization that manages the safety net mechanism for depositors and investors in the Brazilian Financial System, up to the limits established by regulation, against its member financial institutions, in the event of intervention and extrajudicial liquidation and recognition, by the Central Bank of Brazil, of the insolvency of the member institution. Further, FGC’s purpose includes, considering its institutional mission to contribute to the stability of the Brazilian Financial System and to preventing a systemic banking crisis, contracting financial assistance and support transactions, including liquidity transactions with its member institutions, whether directly or through the intermediation of companies appointed thereby, including their controlling shareholders.
FGC’s member institutions are Caixa Econômica Federal, multiple banks, commercial banks, investment banks, development banks, credit, consumer credit and investment companies, real estate credit companies, mortgage companies and savings and loan associations operating in Brazil that fulfill one of the following requirements:
- receive demand deposits, savings deposits or term deposits;
- accept bills of exchange;
- raise funds through the issuance and placement of real estate notes, mortgage notes, real estate letters of credit or agribusiness letters of credit;
- raise funds through repurchase operations involving securities issued by related companies.
FGC membership is mandatory in accordance with the Central Bank of Brazil.
The following credits are entitled to ordinary guarantee:
- demand deposits or deposits drawable upon prior notice;
- savings deposits;
- term deposits with or without the issuance of a certificate; (CDB,RDB)
- deposits held in accounts not drawable via check used to record and control the flow of funds related to the rendering of payment services for salaries, remuneration, retirement benefits, pension benefits and similar payments;
- bills of exchange; LC
- real estate notes; LI
- mortgage notes; LH
- real estate letters of credit; LCI
- agribusiness letters of credit; LCA
- repurchase operations involving securities issued, after March 8, 2012, by related companies.
The following credits are not covered by guarantee:
- deposits, loans or any other funds raised abroad;
- operations related to government-interest programs created by law;
- deposits in court;
- any financial instrument containing a subordination clause, whether or not authorized by the Central Bank of Brazil to be part of the regulatory capital of financial institutions and other institutions authorized to operate by said Autonomous Government Agency.
The maximum amount of guarantee per person against the same member institution or against all member institutions that are part of the same financial conglomerate is two hundred and fifty thousand reais (R$ 250,000.00).
