Advance your FGTS through Banco Pan and don't miss out on the benefit!

Being able to request an advance payment on FGTS through Banco Pan is an incredible service that no one should miss out on. This is because, if you are not fired from your job for just cause, you can still take advantage of the benefit.

Banco Pan, formerly known as Banco Panamericano, offers enormous confidence to its customers. By offering the possibility of advancing the FGTS without charging expensive fees, the bank also offers more possibilities for all employees who need money.

In this text, we will explain what the FGTS is, what the FGTS anniversary withdrawal is and then the step-by-step guide on how to request an advance payment of your FGTS through Banco Pan. Follow along below and get your questions answered!

What is FGTS? What about the FGTS birthday withdrawal?

Before understanding how to advance your FGTS balance through Banco Pan, it is interesting that you also understand what the FGTS is and what amount you will request in advance. First of all: FGTS is the acronym for Service Time Guarantee Fund.

The benefit is a fund into which every company must deposit 8% of the worker's salary, monthly, so that the employee is protected and has money to fall back on if they are fired without just cause. There are some specific situations in which you can request your money in addition to this, but they will not be necessary for this text. 

The FGTS birthday withdrawal, however, is not mandatory, but rather an optional right that the worker has. As the name suggests, withdrawal of money can only be requested until the last day of the month of the interested employee's birthday. 

And although the request is mandatory in the month of the birthday, the money can be withdrawn from the FGTS account up to two months after it is released. But if you choose this service, you will lose the right to the full FGTS benefit if, by chance, you are fired.

Read too: Smiling Brazil: Everything about, advantages and benefits!

How to advance the FGTS through Banco Pan?

To advance your FGTS through Banco Pan you first need to understand that this proposal serves to advance your anniversary withdrawal up to 7 years, the one we explained previously, and not the entire FGTS. Anyone who has at least R$400.00 in their account, even with a negative name, can request the benefit.

And another important information is that, before advancing your FGTS through Banco Pan, you must check the money in your account. There are two ways to do this: through the website, clicking here and informing your CPF or NIS, or through the FGTS application, which we will leave the link below after the step by step. 

To make the advance, you must follow the instructions:

• Download the FGTS application, register or log into your account and select the “birthday withdrawal” option;
• Accept all the terms and then click on “authorize banks” and choose the Pan bank from the available list;
• Simulate the value through the app itself and check the information;
• Accept the proposal and wait. The money will reach your Pan bank account within 1 business day. 

Advance your FGTS through Banco Pan, in addition to being simple, it does not have high interest rates and the amount is automatically deducted directly from your FGTS balance – remembering that the birthday withdrawal is not the full amount. 

Download the FGTS app: iOS | Android

What did you think of the content?

We hope the text has cleared your doubts about advancing your FGTS through Banco Pan, because it’s really worth it! And if you want to read more content with important information like that in this article, click here to check out our blog!