{"id":21192,"date":"2021-11-29T16:19:33","date_gmt":"2021-11-29T13:19:33","guid":{"rendered":"https:\/\/valorizei.com\/?p=21192"},"modified":"2021-11-30T01:22:49","modified_gmt":"2021-11-29T22:22:49","slug":"o-que-e-conta-garantida-e-hot-money","status":"publish","type":"post","link":"https:\/\/valorizei.com\/en\/o-que-e-conta-garantida-e-hot-money\/","title":{"rendered":"What is an escrow account and Hot Money?"},"content":{"rendered":"

Understand what a guaranteed account and Hot Money are, their main advantages and costs involved<\/strong><\/p>\n\n\n\n

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Guaranteed account and Hot Money are very important terms for those who have their own business.<\/p>\n\n\n\n

Anyone who runs a company has certainly thought, at least once, about what should be done in the event of financial problems.<\/p>\n\n\n\n

This thinking is quite common, as the finance sector of a company, regardless of its size, has control over the planned cash inflows and outflows.<\/p>\n\n\n\n

The problem is that in some situations, this is not enough to meet potential cash flow needs.<\/p>\n\n\n\n

For emergency situations like these, there are two solutions: guaranteed account and Hot Money.<\/p>\n\n\n\n

If you want to know more about the subject, continue reading.<\/p>\n\n\n\n

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What is an escrow account?<\/strong><\/h2>\n\n\n\n

The guaranteed account is an account with a revolving limit, designed to meet cash flow needs.<\/strong><\/p>\n\n\n\n

Generally, the maximum term is 360 days.<\/p>\n\n\n\n

And this account is nothing more than a parallel account to your business's current account.<\/p>\n\n\n\n

Therefore, when we say that an entrepreneur decided to use this resource, it means that he uses an extra account.<\/p>\n\n\n\n

The objective is always to obtain better development conditions and increase the company's chances of growth.<\/p>\n\n\n\n

After opening a guaranteed account, your business will have a line of credit (fixed amount) available, so that it will be possible to pay off business debts.<\/p>\n\n\n\n

\"o<\/figure>\n\n\n\n

How does the secured account work?<\/strong><\/h2>\n\n\n\n

There is no doubt that an escrow account is a great solution for businesses.<\/strong><\/p>\n\n\n\n

This resource provides credits so that businesses can carry out different types of activities, such as:<\/p>\n\n\n\n

\u2022 Get your accounts up to date<\/p>\n\n\n\n

\u2022 Pay employees\u2019 salaries<\/p>\n\n\n\n

\u2022 Hire new professionals<\/p>\n\n\n\n

If you wish to request this support, the first step is to look for a financial agent with experience in the matter.<\/p>\n\n\n\n

This professional will analyze your company's situation and advise you on what you need. This way, they will be able to recommend a good financial institution that truly offers advantageous conditions for your business.<\/p>\n\n\n\n

When the contract is finalized, your company will receive the cash amount in the \u201cnew account\u201d.<\/p>\n\n\n\n

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Is it worth using a guaranteed account?<\/strong><\/h2>\n\n\n\n

The credit may be used to meet all financial obligations within a given period.<\/strong><\/p>\n\n\n\n

You will receive the money quickly in your account, making the guaranteed account an even more advantageous option for those who need money in the short term.<\/p>\n\n\n\n

Furthermore, interest is only charged on the last day of the month, and IOF (Tax on Financial Transactions) on the first day of the following month.<\/p>\n\n\n\n

However, there are some disadvantages involved.<\/p>\n\n\n\n

The first of these is the additional IOF charge on the amount requested for withdrawal.<\/p>\n\n\n\n

In fact, if withdrawals are not well planned, the IOF charged may even exceed the interest on the transaction.<\/p>\n\n\n\n

Furthermore, it is important to remember that we are talking about a loan, not the company's own financial resources. In other words, the credit must be repaid within the defined term and with the amount of the charges.<\/p>\n\n\n\n

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What are the costs of the escrow account?<\/strong><\/h2>\n\n\n\n

There are three costs that the company will have to bear:<\/p>\n\n\n\n

\u2022 CDI rate<\/a><\/p>\n\n\n\n

\u2022 Pre-fixed interest rate (charged per business day)<\/p>\n\n\n\n

\u2022 IOF<\/p>\n\n\n\n

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What is the difference between a guaranteed account and an overdraft?<\/strong><\/h2>\n\n\n\n

The guaranteed account and the special check actually work in a relatively similar way.<\/strong><\/p>\n\n\n\n

However, there are some considerable differences between the two types of loans.<\/p>\n\n\n\n

The main difference between them is that the guaranteed account is a separate account. Furthermore, it does not operate automatically, as with an overdraft.<\/p>\n\n\n\n

For this reason, it is necessary to request a transfer from the guarantee to the current account.<\/p>\n\n\n\n

\"cita\u00e7\u00e3o\"<\/figure>\n\n\n\n

What is Hot Money?<\/strong><\/h2>\n\n\n\n

Hot Money is also a type of very short-term bank credit.<\/strong><\/p>\n\n\n\n

It is granted very quickly to customers with previously approved credit. In fact, its release is almost always immediate.<\/p>\n\n\n\n

In fact, the term Hot Money, or hot money, in Portuguese, is used precisely because of the ease of obtaining credit, which usually involves large amounts of money.<\/p>\n\n\n\n

The problem is that interest rates are very high, precisely because of the urgency and lack of planning in raising funds.<\/p>\n\n\n\n

The financial resources obtained through loan<\/a> can be used in any way the consumer wishes, since the creditor will not ask for any proof of how the resources will be invested.<\/p>\n\n\n\n

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How does Hot Money work?<\/strong><\/h2>\n\n\n\n

Companies that apply for this type of loan are those that need money as quickly as possible.<\/strong><\/p>\n\n\n\n

After all, the money is released very easily and quickly.<\/p>\n\n\n\n

It is required when there is an almost immediate need to pay bills, increase cash flow in the short term, or provide working capital to keep the company running.<\/p>\n\n\n\n

Interest rates are higher than other types of loans.<\/p>\n\n\n\n

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Is it worth using Hot Money?<\/strong><\/h2>\n\n\n\n

Hot money is an emergency tool for those who need money as quickly as possible.<\/strong><\/p>\n\n\n\n

This means that its main advantage is to help companies quickly raise funds for cash flow.<\/p>\n\n\n\n

But obviously, all this agility comes at a high cost. Certainly, high interest rates are the main disadvantage of this type of loan.<\/p>\n\n\n\n

Because it is an easier form of credit, the interest rates end up being quite high. Furthermore, the payment terms are shorter.<\/p>\n\n\n\n

For this reason, it is best for your company to only use Hot Money in urgent situations. In these cases, this type of loan can really help!<\/p>\n\n\n\n

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What are the costs of Hot Money?<\/strong><\/h2>\n\n\n\n

This type of loan is based on the CDI (Interbank Deposit Certificate) rate in effect on the day of the transaction. <\/p>\n\n\n\n

It is also important to mention that the fee is increased by the credit risk of the transaction and the turnover (spread) of the transaction.<\/p>\n\n\n\n

\"6<\/figure>\n\n\n\n

Conclusion <\/strong><\/h2>\n\n\n\n

Now you know two more types of loans that can be used by your company.<\/p>\n\n\n\n

It is important to remember that these operations must be carried out in very specific cases, such as improving working capital and expanding the business!<\/p>","protected":false},"excerpt":{"rendered":"

Entenda o que \u00e9 conta garantida e Hot Money, suas principais vantagens e custos envolvidos Conta garantida e Hot Money s\u00e3o termos bem importantes para quem tem o pr\u00f3prio neg\u00f3cio. Quem administra uma empresa, certamente j\u00e1 pensou, pelo menos uma vez, no que deveria ser feito em caso de problemas financeiros. Esse pensamento \u00e9 bem… Continuar lendo<\/a><\/p>","protected":false},"author":21,"featured_media":21193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"Saiba agora o que \u00e9 conta garantida e hot money e veja como esses produtos financeiros podem ajudar a salvar o caixa da sua empresa!","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"conta garantida","footnotes":""},"categories":[112],"tags":[],"class_list":["post-21192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-credito"],"_links":{"self":[{"href":"https:\/\/valorizei.com\/en\/wp-json\/wp\/v2\/posts\/21192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/valorizei.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/valorizei.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/valorizei.com\/en\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/valorizei.com\/en\/wp-json\/wp\/v2\/comments?post=21192"}],"version-history":[{"count":4,"href":"https:\/\/valorizei.com\/en\/wp-json\/wp\/v2\/posts\/21192\/revisions"}],"predecessor-version":[{"id":21206,"href":"https:\/\/valorizei.com\/en\/wp-json\/wp\/v2\/posts\/21192\/revisions\/21206"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/valorizei.com\/en\/wp-json\/wp\/v2\/media\/21193"}],"wp:attachment":[{"href":"https:\/\/valorizei.com\/en\/wp-json\/wp\/v2\/media?parent=21192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/valorizei.com\/en\/wp-json\/wp\/v2\/categories?post=21192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/valorizei.com\/en\/wp-json\/wp\/v2\/tags?post=21192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}