The Central Bank of Brazil has announced the extrajudicial liquidation of Banco Pleno, previously known as Voiter, due to its involvement with a conglomerate under investigation for alleged financial fraud. This significant action impacts approximately 160,000 customers who hold deposits eligible for payment under Brazil's Credit Guarantee Fund (FGC), which amounts to a total of R$ 4.9 billion. Unlike judicial recovery or temporary intervention, this liquidation represents a complete shutdown of operations, signaling that the bank will no longer function normally.

Following the Central Bank's decision, Banco Pleno loses its administrators, who are replaced by a liquidator appointed by the Central Bank. This liquidator's primary role is to sell the bank's assets and settle debts according to the legal framework. The implications for clients vary based on their relationship with the bank. As an immediate effect, services such as the Pix payment system linked with Banco Pleno will cease to be valid, impacting transactions for customers relying on this mechanism.

Furthermore, individuals with investments such as certificates of deposit (CDBs), real estate credit letters (LCIs), and agribusiness credit letters (LCAs) will be compensated up to R$ 250,000 by the FGC. This situation has sparked concern among customers about the stability of other financial institutions and the broader implications for the banking sector in Brazil. As a result, affected individuals will need to navigate the liquidation process carefully to understand their rights and the recovery of their funds.