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The Credit Guarantee Fund (FGC) will advance the payment of up to R$1,000 to Will Bank creditors. The measure will benefit around 6 million people, mainly low-income people who were the institution’s target audience.
The total anticipated value should reach R$200 million. To request a refund, you must access the bank’s application and a specific option for advance payment will be available. In addition to this advance, R$25 million in payment accounts will also be released on the Will Bank application.
Will Bank was part of the Banco Master conglomerate and was liquidated by the Central Bank in January.
