Transfer of the Severance Indemnity (TFR) under guarantee fund - Sending of notification (Financial companies, Banks and other credit assignees)

What is it? 

It is a service that allows individuals to electronically send notifications relating to transfers of the TFR (severance indemnity) guaranteeing loan agreements entered into with employed workers of the private sector.  

The notifications sent are recorded in a specific computer archive, which the Institute refers to in the event of payment of the TFR (severance indemnity) in order to identify the legitimate recipient of the benefit.

Who is it aimed at? 

The service is aimed at companies operating in the consumer credit sector (banks, financial companies) that are transferees of the receivable for TFR guaranteeing loan agreements entered into with employed workers in the private sector, at insurance companies and at those that have provided a guarantee - as security for job-loss risk - that have replaced them with rights of recourse, at out-of-court credit recovery companies and at any replacement credit securitisation companies.  

How does it work? 

Notifications can be sent electronically through the online service. To access the service, the parties appointed by the aforementioned companies must have specific authorisation. 

Authorisation can be requested from any local INPS office by sending form MV61 (for parties appointed by banks, financial institutions or insurance companies), form AA03 (for parties appointed by authorised debt collection companies) and form AA06 (for those appointed by securitisation companies)