A new bill, authored by Senator Rogério Carvalho (PT-SE), draws the attention of many Brazilians who use banks to store money. This is because the PL proposes the increase of savings income, which would certainly make the economy much more interesting.
According to the senator's proposal, it is necessary that the income from savings be consistent with the profits of banks. Now, approval is needed for the law to pass into the hands of the President of the Republic.
see more
Ninth economy on the planet, Brazil has a minority of citizens with…
White goods: see which products the government wants to reduce…
Read more: New law allows the renegotiation of FIES debts
Banks use the money from our savings to generate greater profitability through loans and lines of credit. Therefore, every customer receives remuneration for this amount, as his money actually works for him. According to the legislation, by Law 8177, of 1999, savings have the basic income, which corresponds to the Referential Rate and also the additional remuneration. The proposal, then, focuses on remuneration of 0.5% per month, in case the Selic rate exceeds 8.5% per year, or 70% in other situations.
In addition, the bill proposed by Rogério Carvalho aims to increase the period of validity of the additional paid for savings, to at least three months. With this, the financial institution is free to make the additional payment after the stipulated period, provided that with prior notice and permission from the depositors.
In addition to all these details that we mentioned, the PL also meets the responsibility regarding the percentage limitation of the remuneration rate. If approved, the Central Bank would be responsible for this task. In this case, the argument is used that more offensive fundraising policies are responsible for imbalances in banks' balance sheets and statements.
Currently, savings accounts are already an affordable way to introduce many Brazilians to the financial world. Thus, the expectation is that this will be an additional attraction, which will lead more depositors to opt for savings. But until then, the bill is still pending in the Senate.
