2024-02-08

Instruction (Historical) No. 2/2024

The Bank of Portugal issued Instruction No. 2/2024 to amend Instruction No. 8/2018, which regulates the Interbank Clearing System (SICOI). This regulatory update was published in the Official Gazette on February 8, 2024, and entered into force on the same date. The instruction specifically targets credit institutions, including banks and the Central Credit Agricultural Mutual Savings Bank, to ensure compliance with updated clearing system standards.

Banco de Portugal logo

Portugal

Banco de Portugal

Click to view thumbnail

Instruction (Historical) No. 2/2024

Summary

Amends Instruction No. 8/2018, which regulates the Interbank Clearing System (SICOI).

Status

In force

Official Gazette

1/2024 2nd Supplement

Enabling Law

Law No. 5/98, of January 31, Art. 14

Descriptors

Payment Systems, Clearing, Checks, Direct Debits, Commercial Paper, Multibanco, Electronic Payment, Tariff, Direct Debit System, TARGET2, Interbank Electronic Transfers, Credit Cards, Debit Cards

Publication Date

08-02-2024

Disclosure Date

08-02-2024

Entry into Force Date

08-02-2024

Recipient Type

Credit Institutions

Recipients

Banks, Central Credit Agricultural Mutual Savings Bank, Credit Agricultural Mutual Savings Banks, Savings Banks

Topic :: Subtopic

Clearing

Amended/Revoked Instructions

Instruction No. 8/2018

Link

Copied!


To improve your browsing experience, this site uses anonymized information provided by cookies. Cookie Policy

Cookies are files or text files that contain small amounts of information that are downloaded and stored on the user's device through their browser when visiting a web page. Cookies can be categorized according to the purpose they serve. There are cookies that are strictly necessary for the functioning of the site, while others collect statistical information in order to analyze site usage and its performance, or are used to ensure the provision of additional functionalities on the site or to save visitor preferences regarding navigation, whenever you use the same device. This cookie policy is an integral part of the personal data protection policy. Learn more about these policies

Manage cookie preferences

Strictly necessary cookies Always active These cookies are necessary for the website to function and cannot be switched off on our systems. Normally, they are only configured in response to actions taken by you that correspond to a request for services, such as setting your privacy preferences, logging in, or filling out forms. You can configure your browser to block or alert you about these cookies, but some parts of the website will not work. These cookies do not store any personally identifiable information.

Performance cookies

Performance cookies

These cookies allow us to count visits and traffic sources so that we can measure and improve the performance of our website. They help us know which pages are the most and least popular and see how visitors move around the website. All information collected by these cookies is aggregated and, therefore, anonymous. If you do not allow these cookies, we will not know when you visited our site.

Advertising cookies

Advertising cookies

These cookies may be set on our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant ads on other websites. They do not store personal information directly, but are based on the unique identification of your browser and internet device. If you do not allow these cookies, you will have less targeted advertising.

Cookie List

checkbox label

label

Consent

Leg.Interest

checkbox label

label

checkbox label

label

checkbox label

label