Wednesday, 22 May 2024 02:32

SSF will reimburse balances to COSAVI members for amounts less than US$3,000

Written by Alejandra García Ortiz
SSF will reimburse balances to COSAVI members for amounts less than US$3,000 Courtesy

At a conference held by the Superintendencia del Sistema Financiero (SSF), Superintendent Evelyn Gracias announced that as of may 22, balances will be reimbursed to members of Cooperativa de Ahorro y Crédito Santa Victoria de R.L. (COSAVI) whose total balances total US$3,000 or less.

This reimbursement is part of the third "layer" of reimbursement of funds corresponding to clients enrolled in COSAVI, until may 10 of this year.

In addition, the Superintendenta del Sistema Financiero said that "in the case of time deposits, the return will be activated when the deposits reach their maturity date, since the money has been placed in credits, and must wait to be demanded".

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Likewise, SSF announced that the people who have debts with the cooperative, must continue to comply with the payment, and it continues to be enforceable.

So far, the agency located on Gabriela Mistral Street is still available to withdraw the funds.

 

Translated by: A.M