2019-10-15

Circular Letter No. CC/2019/00000066

Banco de Portugal issued Circular Letter No. CC/2019/00000066 to regulate the specific rules for using Intelligent Banknote Neutralization Systems (IBNS). This document updates and replaces the previous Circular Letter No. 1/2011/DET to ensure compliance with current operational standards for cash handling. It applies to credit institutions, financial companies, and exchange agencies, mandating adherence to the revised technical and procedural guidelines.

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Circular Letter No. CC/2019/00000066

Summary Regulates Instruction No. 1/2011, published in the Official Gazette No. 2, of 15-02-2011, regarding the specific rules for the use of Intelligent Banknote Neutralization Systems (IBNS). Revokes Circular Letter No. 1/2011/DET, of 18-01-2011.

Status In force

Official Gazette 10/2019

Publication Date 15-10-2019

Issue Date 07-10-2019

Recipient Type Credit Institutions, Financial Companies

Descriptors Bank Deposit, Deposits and Withdrawals of Banknotes, Euro, Multibanco, Banking Operations, Paper Money, Information Provision

Recipients Exchange Agencies, Banks, Central Credit Cooperative of Mutual Agricultural Credit, Mutual Agricultural Credit Savings Banks, Savings Banks, Mortgage Credit Institutions, Credit Financial Institutions

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