FGC 1.1.007

Fundo Garantidor de Créditos – Freeware – Android iOS
out of 12 votes

Reliable Financial Backup with FGC

Minh Ong

01/20/2025

FGC offers a safety net for depositors in Brazil, providing assurance and protection against financial institution failures.

The Brazilian Credit Guarantee Fund (FGC) is a private entity that serves as a protection mechanism for depositors and investors in financial institutions.

When a bank or financial institution associated with the FGC is subject to intervention or liquidation by the Central Bank of Brazil, depositors and investors are entitled to the guarantee provided, up to the limits of the regulation.

The FGC App allows for the guarantee payment to be made online and securely, with features such as:

Collecting information with identity validation through SMS and email confirmation.
Validating documents and information to provide details only to registered users, thus preserving data confidentiality.
Submitting a payment request for the guarantee entirely online, eliminating the need to visit a bank branch with copies of documents.
Tracking all stages of the process through the app until the guarantee payment is completed.

If you need assistance or have suggestions, please send a message to [email protected].

To learn more about the FGC, visit our website at www.fgc.org.br or follow us on social media.

Overview

FGC is a Freeware software in the category Business developed by Fundo Garantidor de Créditos.

The latest version of FGC is 1.1.007, released on 05/28/2024. It was initially added to our database on 05/28/2024.

FGC runs on the following operating systems: Android/iOS.

Users of FGC gave it a rating of 1 out of 5 stars.

Pros

Offers deposit guarantee for financial institutions
Helps maintain stability and public confidence in the financial system
Protects retail depositors

Cons

May create moral hazard by encouraging riskier behavior by financial institutions
Costs associated with implementing and maintaining the guarantee fund
Potential for misuse or mismanagement of funds

Minh Ong

I'm Minh, a software engineer and author with a passion for exploring and writing about the latest in software and technology. With my experience in software development and a specialization in software updates and content creation, I bring a deep understanding of the tech landscape to my reviews and articles. My focus is on providing you with comprehensive insights into general software topics and the latest industry news.

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