From October 20th, anyone who has savings certificates will have to guarantee that the Tax Identification Number (TIN) and the IBAN associated with your account belong to the same owner. The measure, announced by IGCP — Treasury and Public Debt Management Agency, aims to reinforce the security of operations and prevent fraud situations.
According to the agency, if it is not possible to confirm the correspondence between the registered NIF and IBAN, the savings account will be temporarily immobilized. In these cases, savers will have to go to an authorized service point — such as CTT stores or Espaços do Cidadão — and present an updated proof of their IBAN.
The IGCP will also update the procedures for opening, moving and transmitting savings accountswith more detail on the required documentation and specific rules for situations involving deceased holders, minors or accompanied adults.
The agency also highlights the importance of maintaining updated personal dataremembering that the lack of this information can lead to prescription of values held by the State.
However, the CTT — one of the entities authorized to issue public debt products — announced that subscription to savings certificates through the mobile application exceeded 150 million eurosa sign that this form of public savings continues to gain followers.
The post Savings Certificates: IGCP requires correspondence between NIF and IBAN from October 20th appeared first on Veritas News.
