The Superintendent of the Monetary System (SSF), Evelyn Gracias, reported that as of Thursday, June 6, the fifth layer of refund shall be activated for savers of the Financial savings and Credit score Cooperative (COSAVI), whose accounts have balances lower than or equal to at $5,000 {dollars}.
In his announcement, Gracias highlighted that point deposits shall be paid in response to the expiration date of the certificates and in accordance with the activation of the established layers, a method that seeks to make sure that savers obtain their funds in an orderly method and based mostly on the pre-established situations.
To hold out the corresponding procedures, the Superintendent indicated that the one COSAVI company that’s operational is the one positioned on Gabriela Mistral and 29a streets. North Avenue, San Salvador.
These actions are a part of the efforts of the Authorities of President Nayib Bukele to stabilize the monetary scenario of COSAVI members and make sure the return of their funds in an efficient and well timed method.
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