Emergency Aid: 30.7 Million People Registered by 10 AM Friday, says Caixa

RIO DE JANEIRO, BRAZIL – The Caixa Econômica Federal (Federal Savings Bank) reported that 30.7 million Brazilians have completed registration for the R$600 (US$120) emergency aid to be paid during the novel coronavirus crisis, according to the bank’s press release at 10 AM on Friday.

Forty percent of these individuals decided to receive the funds from the institution’s social savings accounts. The bank expects to set up 30 million accounts in this format.

For the time being, the funds deposited in the Caixa’s social savings account cannot be withdrawn in cash; rather, they will only be available for digital transactions such as transfers and payment of bills, for instance.

The government has yetl to publish the schedule for permitting withdrawals.

Caixa further reports that the website http://auxilio.caixa.gov.br has already received 271.2 million visits.

A total of 118.7 million SMS messages have been sent to confirm registration for emergency aid.