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This Thursday begins the online process for the second withdrawal of 10% of AFP funds and BancoEstado is already preparing for an alleged wave of transactions.
BancoEstado’s measures
Among the solutions elaborated for this version, is an agreement with his union so that, at least in the period of redemption of funds, the branches are open until 4:00 p.m., particularly to prevent a collapse of its website, as published The Mercury.
The president of the bank Sebastián Sichel, even reminded the aforementioned media that the first time “many people entered and left the applications or the platform just to check if the AFP had deposited them or not”, something that they also seek to avoid with the banner from the page mi10afp.cl, where you can enter inquiries, and by calling 600 400 777, where you can confirm the existence of the amounts.
In addition, they will once again expand the ATM transfer capacity to 400 thousand pesos, and up to 200 thousand pesos in Caja Vecina, something that was already implemented in the first withdrawal.
Cash hazard?
Sichel acknowledged that “the crisis can occur if everyone crowds to turn cash at the same time, because that is going to congest the entire system.”
Faced with the possibility that members who withdraw may have to return the next day due to lack of cash, the president of Banco Estado insisted that “we are doing everything so that it is not like that and we have the peace of mind that all institutions, banks and the Central Bank have I’ve done everything so that that doesn’t happen. But it will also depend a lot on people’s behavior to do this in the most orderly way possible. “
That is why he suggested that people use their RUT Account as a debit card, remembering that this instrument also “has the advantage that transactions do not charge commission and that practically in all businesses you can pay with it, always maintaining the confidence that the silver is going to be there. “
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