FGTS

We have full integration of Caixa Econômica Federal's FGTS process in our API, from checking current installments to reserving the balance and confirming the reservation through a credit operation.

Below is an explanation about Caixa's FGTS.

The Fundo de Garantia do Tempo de Serviço (FGTS) is a service offered by Caixa Econômica Federal in Brazil, aimed at all formally employed workers. It is a social fund where employers monthly deposit an amount equivalent to 8% of the employee's salary. This fund is used to protect the worker in specific situations such as unjustified dismissal, serious illnesses, home acquisition, among others. Additionally, FGTS is also utilized as a source of funds for housing and infrastructure financing, contributing to the country's economic development.

Integrates with the Severance Indemnity Fund (FGTS), allowing users to use FGTS resources as part of the payment or to reduce the outstanding balance, providing greater flexibility and financial relief.