How to cancel consignable margin reserve

Cancel a consignable margin reserve can be a simple process as long as you follow the correct steps. In this article, we will explain how to cancel this reserve and what are the elements involved in this process.

What is consignable margin reserve?

The consignable margin reserve is a value that is available for payroll loans. It is a percentage of salary or social security benefit that can be used to hire payroll discount loans.

Step by Step to cancel the consignable margin reserve

1. Contact the financial institution responsible for the consignable margin reserve. This can be done by phone, and mail or personally.
2. Enter the reason for the cancellation and request the necessary procedure.
3. Provide the information requested by the financial institution, such as your full name, social security number and contract number.
4. Wait for confirmation of cancellation by the financial institution.
5. Check that the consignable margin reserve has really been canceled, giving your bank statement or contacting the financial institution again.

Elements involved in canceling the consignable margin reserve

In the process of canceling the consignable margin reserve, some elements may be important to consider:

Contact Phone

It is important to have the contact telephone number of the financial institution responsible for the consignable margin reserve. Thus, you can get in touch quickly and efficiently.

REQUIRED DOCUMENTS

In addition to personal information, such as full name and CPF, it may be necessary to present other documents, such as the contract number or proof of residence.

Cancellation Confirmation

After requesting cancellation, it is important to wait for confirmation by the financial institution. This confirmation can be sent by and mail, letter or phone.

Conclusion

Cancel a consignable margin reserve can be a simple process as long as you follow the correct steps and be aware of the elements involved. Remember to contact the responsible financial institution and provide all the necessary information. Always check if the cancellation was made correctly. If you have any questions, do not hesitate to contact us again.