2023-02-24

Instruction No. 4/2023

The Bank of Portugal issued Instruction No. 4/2023 to define the locations, schedules, rules, conditions, and application support for depositing and withdrawing euro banknotes and coins. This regulation revokes the previous Instruction No. 18/2021 and establishes the operational framework for cash handling services at the central bank. It applies to credit institutions and specifies the technical and procedural requirements for these financial operations.

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Instruction No. 4/2023

Summary

Defines the locations, schedules, rules, conditions, and application support through which deposits and withdrawals of euro banknotes and coins can be made at the Bank of Portugal. Revokes Bank of Portugal Instruction No. 18/2021.

Status

In force

Official Journal

2/2023

Supplement

Law

Enabling Law

Law No. 5/98, of January 31, Art. 6; Decree-Law No. 184/2007, of May 10; Decree-Law No. 195/2007, of May 15; Regulation (EU) No. 651/2012 of the European Parliament and of the Council, of July 4; Regulation (EU) No. 1210/2010 of the European Parliament and of the Council, of December 15

Descriptors

Deposits and Withdrawals of Banknotes, Euro, Currency, Banking Operations

Publication Date

24-02-2023

Disclosure Date

24-02-2023

Entry into Force Date

01-03-2023

Target Audience Type

Credit Institutions

Recipients

Banks, Central Credit Cooperative Bank, Agricultural Mutual Credit Societies, Savings Banks, Mortgage Credit Institutions, Credit Financial Institutions

Theme :: Subtheme

Deposits and Withdrawals of Banknotes

Instructions Amended/Revoked

Instruction No. 18/2021

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