RDB stands for Bank Deposit Receipts and is one of many fixed income investments in the country, andAlthough it is not as well known as other financial market options. This investment model has become popular because it adds some advantageous conditions for investors.
Knowing your investor profile, it becomes easier to know the best options for investing according to your goals and needs.
However, it is essential to know in advance which are the most common and applied types in the market for you to draw your own conclusions.
So, keep reading to know everything about the RDB and find out if your characteristics can meet your main financial goals!
RDB: what is it?
Briefly, we can treat the bank deposit receipt or RDB as a private fixed income investment product, translating into loans that your contribution helps to make to private financial institutions. With that, the interest accrues to you in return.
But unlike other similar modalities such as LCI and LCA and the CDB itself – which we will see about later – the RDB can be issued by credit societies and also by cooperatives.
This allows a broader view of the market and, consequently, to identify more advantageous opportunities and conditions to invest your money without great risks.
In common with the other options, the RDB generates the investor's profitability through interest that can be:
- post-fixed, which are constantly updated with the SELIC rate;
- fixed rates, which is defined by the financial institution itself.
The terms vary from 6 months to 4 years and tend to be a more attractive option with respect to interest and profitability, especially for those who are in no hurry to get back the money invested.
This is because the RDB is governed by progressive income tax rates based on the indices below:
- 22.5% for investments up to 180 days;
- 20% for investments between 181 and 360 days;
- 17.5% for investments between 361 and 720 days;
- 15% for investments over 720 days.
It can be an excellent opportunity for investors who are thinking about a more prosperous future and with guaranteed financial security. Although there are differentials for other profiles as well.
How does RDB work?
We emphasize that fixed income investments are used by institutions as a way of investing in these sectors. For example:
- LCI (real estate credit bill) uses investments for the real estate sector;
- the LCA (agribusiness letter of credit) uses investments for the agribusiness sector;
- debentures translate into investments for private companies.
The investment in RDB, on the other hand, becomes a loan for financial institutions. The compensation for the investor is the profitability that is the interest of these amounts contributed.
Therefore, it is worthwhile to find out about the minimum initial application value, as well as on the profitability and terms for the redemption of investments in that period.
As we mentioned in the previous topic, the RDB has two types of profitability and we also talked about the Income Tax rate.
It is also worth mentioning that the investment has no management fee, which makes the capital invested more valuable.
Other features of the RBD tank
It is important to keep an eye on some unique characteristics of this type of investment, making the process more comfortable, safe and practical.
One of them is very convenient for investors who do not like and do not have the financial flexibility to take risks associated with their assets: guarantee by the Credit Guarantee Fund (FGC).
In other words: your investment in RDB is insured in such a way that, in case the institution that you have allocated your money to goes bankrupt, the FGC refunds amounts of up to R $ 350 thousand per CPF and per issuer – and also has a global limit of R $ 1 million every four years.
Consequently, the RDB acquires a lower risk aspect among the other different investments in the financial market.
In addition, profitability. more favorable to conservatives, it is relatively good. Bigger then savings, which for years was – and still is – one of the most popular models in the UK.
Especially in the long run, since the profitability and the application of taxes is lower the longer your investment remains applied.
Advantages of investing in RDB
There are some positive issues that can be noted when considering investing in the bank deposit receipt. Some of them, including, you may have noticed when reading the article by now. But let's go to each one of them so that there are no doubts about RDB.
One of the great advantages of this type of investment is its reduced risk compared to other investment options.
The FGC guarantee already mentioned contributes to this. However, it is worth noting that the sector is also quite solid in the country. The risk of depending on an action involving the Credit Guarantee Fund is also low. And this allows you to plan for the future without having to worry about losing your money.
O initial value it is also often highlighted as an asset for the RDB. Although this varies between the institutions that you negotiate, there is an initial average considered in the amount of R $ 1,000. For small investors, therefore, this type of investment is a real possibility.
Difference between RDB and CDB
Talking specifically about fixed income investments, the RDB ends up being very confused with another popular modality of the financial market: the CDB.
Although they are in fact similar, there are characteristics that distinguish each one of them. Shall we understand a little more about this?
The main one is that the CBD (Bankary deposit receipt) it is a bond issued by banks. The RDB, as its name suggests, is a receipt.
For the investor, this results in something important: the CDB can be traded and transferred, something that RDB receipts do not allow the investor to do.
Therefore, it is only possible to redeem the amount once the term expires in the RDB. That is why it is known as a low liquidity investment.
Another point we mentioned earlier: the RDB can be issued by different types of financial institutions, while the CDB can only be issued by banks.
Thus, it is important to highlight that there are similarities and peculiarities between these two investment models. It is up to you to understand which is best suited to your profile, needs and goals.
To learn more about the CBD, read the post ‘CDB: what is it, why is investing a strategic advantage? ‘ as soon as you finish reading this post!
Is it worth investing in RDB?
As we have seen, the RDB is a low-risk investment that yields better than savings and has an income tax rate that charges investors less and less based on the time they leave their resources invested.
However, it is precisely this low liquidity that raises the warning sign: for those looking for good short-term investments, the RDB may not be the best alternative.
After all, the longer you leave the investment paying off, the less you will pay for it at the end of maturity.
Whoever is looking for diversity in their investment portfolio, does not like the risks associated with them and is looking for an interesting way of making their assets profitable for the future, the RDB is an option that should not be discarded, therefore.
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