2024-02-08
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.
Amends Instruction No. 8/2018, which regulates the Interbank Clearing System (SICOI).
In force
1/2024 2nd Supplement
Law No. 5/98, of January 31, Art. 14
Payment Systems, Clearing, Checks, Direct Debits, Commercial Paper, Multibanco, Electronic Payment, Tariff, Direct Debit System, TARGET2, Interbank Electronic Transfers, Credit Cards, Debit Cards
08-02-2024
08-02-2024
08-02-2024
Credit Institutions
Banks, Central Credit Agricultural Mutual Savings Bank, Credit Agricultural Mutual Savings Banks, Savings Banks
Clearing
Instruction No. 8/2018
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