Compensation for Time of Service (CTS) is a benefit established by law for workers, intended to provide economic support in cases of termination of employment. This fund, accumulated over time, can be withdrawn under certain conditions. In June 2024many workers seek to know how to access this benefit in banks such as BCP, Interbank, Scotiabank either National bank. Below, we offer you a complete guide so that you can carry out this consultation and withdrawal effectively.
With the arrival of the new regulations that allow 100% withdrawal of the CTS, it is important to understand the steps to follow to verify and withdraw these funds. Through digital platforms and in-person services, banks have facilitated the process so that workers can have their money when they need it. This article will guide you step by step on how to make these inquiries and withdrawals at the main financial institutions in the country.
CTS 2024: follow these steps to know the total balance of your account
To know your account balance CTS It will depend on how your bank allows you to access your associated accounts. To verify the total balance, you must enter the website or mobile application of the entity where you have your account CTS. Regardless of your bank, if you have an account CTS affiliate, this will appear in the form of a savings account, so you can check the balance anytime, anywhere from a mobile device.
In the case of carrying out the process in person, the user must go to the window and request the receipt with the balance available in the account. CTS. For this last option, remember to bring the necessary documentation so that the bank staff can identify you as a creditor of said account. You for example ID or debit card.
CTS withdrawal June 2024: how can I withdraw 100%?
To withdraw 100% of your CTS, you must follow a series of steps that ensure access to your funds safely and efficiently. First, check the available balance in your account CTS through online banking or directly at a bank branch, as mentioned above.
Each bank has its own procedures. For example, in the BCPyou can make this request through their digital platform or by going to one of their offices. Interbank and Scotiabank They also offer similar options, allowing you to choose the most convenient way for you.
Until when can I withdraw up to 100% of my CTS?
The deadline to withdraw 100% of your CTS is subject to current regulations that allow this provision. In June 2024, workers will be able to access their pension funds CTS whenever. It is important to be aware of any updates to the legislation that may affect this process. For now, the regulations allow the total or partial withdrawal of the CTS until the December 31 of 2024.
Source: Larepublica
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