Salary and debt account at the bank: can there be discounts?
Salary and bank account: will my paycheck include discounts? Read the article and find out!
Advertisements
Have you been hired by a new company and discovered that the bank where you make payments is the same one where you owe money?
Will they deduct the amounts when your salary is deposited into your account? After all, can the bank deduct a debt from your salary account?
To answer this question, read our text to the end! See below what will be covered in this post:
- What counts salary?
- Can the bank deduct the debt from my payment?
- Can I receive my payment in a digital account?
- Where can I transfer my salary?
- Conclusion.
What is a salary account?
A salary account is an account that a company uses to deposit its employee's pay.
It can be opened by the company itself or through a request that the employee takes to the bank.
One of the main features of this account is that it is not intended to receive deposits or payments from third parties. In other words, only the employer can make deposits into it.
In addition to salaries, she can also receive pensions, retirement benefits, wages and benefits.
Another important feature of this account is that it does not charge any type of bank fees.
Furthermore, it can be requested by those with a restricted CPF (Individual Taxpayer Registry) number. In fact, before the advent of digital accounts, this was the only payment account a person with a bad credit history could have.
This is because, a few years ago, current accounts could only be opened by people with a clean credit history.
It was limited, serving only to receive salaries. Customers had no access to any banking services.
However, the reality today is different: you can receive your salary in a digital account full of financial services and products, even if you have a negative credit history (see more details in the topic: can I receive my salary in a digital account?).
Can the bank deduct debt from the salary account?
If you happen to have incurred a debt at the very bank where you receive your payment and are unsure whether there is a discount, we are here to resolve this issue.
The salary account is free of discounts, so the bank cannot make any deductions, even if you owe the institution, just like what happens with the checking account.
However, if you have agreed this with the institution through a contract, then it is free to make the relevant discounts.
If your salary comes with a deduction, first contact your company's HR department and check your pay stub to find out how much was deposited into your account.
Then, check your account statement to see if the discount was made by the financial institution, go to your branch, and speak to your manager.
Did you know you can avoid headaches like this by receiving your salary in a digital account?
In addition to receiving it free of discounts, you also benefit from many free financial services and products.
Other than that, any problem you need to solve related to your digital account can be easily done through the app, without having to go to a branch.
Continue reading and find out more!
Can I receive my salary in a digital account?
Yes. You can do the salary portability and receive your payment in a digital account.
Digital accounts are payment accounts where you can carry out various banking operations and transactions.
They stand out for being more economical, as they have few or no fees.
Furthermore, they offer many benefits and advantages to their users, for example:
- Cashback;
- Discounts at partner stores;
- Referral program;
- Financial products without bureaucracy;
- Credit card with no annual fee.
Digital accounts are comprehensive and offer many services, including:
- Investments;
- Consortia;
- Loans;
- Financing;
- Corporate Account.
In fact, you can find all this and much more in just one digital account. Check out some options below.
Where can I transfer my 100% salary digitally?
Some digital banks make salary transfers easy through their apps. You just need to provide your company's CNPJ and legal name.
Among the best digital accounts currently available for receiving your payments, we can highlight:
In addition to having the freedom to receive your salary wherever you want and still enjoy many benefits, by carrying out portability you can obtain credit more easily.
Here on our blog you can discover the advantages and disadvantages of each one so you can choose the one that best suits your needs.
Be sure to take a tour of our categories and discover the best financial products and services available today.
Conclusion
As you can see, salary account and debt at the bank, should not have any relationship, unless you authorize the bank to make a discount.
Otherwise, be aware that deducting any debt from your paycheck is illegal. In fact, if this happens, you could go to court and even receive compensation from the bank.
Finally, don't forget to organize your finances to become debt-free. Here at our blog You will find many tips that can help you in this process. Take advantage and read them too ⤵️⤵️⤵️
Is it possible to open an account with just a CPF?
