Workers may authorize banks to consult FGTS extracts

This Tuesday (10), Caixa Econômica Federal began allowing workers to authorize financial institutions to consult information from the Service Time Guarantee Fund (FGTS) statement. The service can be used to prove income or employment in financial transactions.

With this new feature, the worker no longer needs to download, print and deliver the FGTS statement to the bank or financial institution. The information is consulted directly on the fund's database, provided there is express authorization from the account holder.

According to Caixa, the measure seeks to make proof of income and employment more practical and secure, in addition to reducing the risk of presenting adulterated documents or containing inconsistent information.

Among the main features of the service are:

Free: there is no charge for authorization; Worker choice: the holder defines which institutions can consult the data; Term: authorization is valid for 90 days; Cancellation: permission can be revoked at any time; History: authorized institutions can consult deposits from the last 12 months; Privacy: the service does not allow you to check the total account balance.

How it works

Authorization is free and can be done via the FGTS app or in person, at a Caixa branch. The worker can choose which financial institutions will be able to consult the data.

The permit is valid for 90 days and can be canceled at any time. With authorization, qualified institutions will be able to access the history of deposits made in the last 12 months.

Access allows banks to verify information related to the employment relationship and income declared by the customer, helping to assess risk and prevent fraud.

The service allows you to consult specific information about the account linked to the FGTS, but does not allow access to the worker's total balance. This information remains available exclusively for consultation by the holder through the FGTS application.

Bank authorization

To use the tool, financial institutions must first be authorized by Caixa. The request must be sent by corporate email to [email protected], accompanied by the documentation required in the Operational Manual.

After authorization, the institution becomes part of the list of financial agents that can be authorized by workers.

Financial inclusion

According to Caixa, sharing information directly from the FGTS base can also contribute to financial inclusion.

With more reliable data on income and employment, financial institutions can better assess customer profiles and offer services more suited to their needs.

The manual with guidelines for institutions is available on the Caixa website, in the downloads section, and on the FGTS portal, in the highlights area, under “FGTS Extract Consultation”.