BCB Resolution No. 123 — Amends BCB Resolution No. 51 of December 16, 2020, which establishes procedures for authorization and cancellation of debit authorizations

The Collegiate Board of the Central Bank of Brazil, in a session held on August 5, 2021, based on arts. 6 and 7, item III, of Law No. 11,795, of October 8, 2008, and 6, § 1, 9, items II, IX and X, and 15 of Law No. 12,865, of October 9, 2013, and having in view the provision of art. 13 of Resolution No. 4,282, of November 4, 2013,

R E S O L V E:

Art. 1º BCB Resolution No. 51, of December 16, 2020, shall enter into force with the following alterations:

"Art. 11-A. The provisions of arts. 5, 7 and 9, as well as the sole paragraph of art. 11, do not apply when the depositary and recipient institutions are part of the same prudential conglomerate or credit cooperative system." (NR)

"Art. 12. The depositary institution must make the following information available to the account holder:

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§ 1º The provision of item I of the main text does not apply to debit authorizations regarding the collection of tariffs on an occasional basis, as well as to charges and taxes resulting from credit operations or services contracted by the holder.

§ 2º The information mentioned in the main text must be made available in a specific extract or specific section of the account statement when the holder is a natural person, including individual entrepreneur, or a legal entity classified as a microenterprise or small business, in accordance with Complementary Law No. 123, of December 14, 2006." (NR)

"Art. 15. Consortium administrators and payment institutions must observe the requirements, deadlines, procedures and controls cited in §§ 2 and 3 of art. 3, in item I of the main text and in §§ 1 and 2 of art. 5, as well as in arts. 6, 7, 11, 11-A and 13, when, in the capacity of recipient institution of resources, they receive the authorization and the request for cancellation of authorization of debits in deposit accounts or salary accounts." (NR)

Art. 2º The sole paragraph of art. 12 of BCB Resolution No. 51, of 2020, is hereby revoked.

Art. 3º This Resolution enters into force on September 1, 2021.

              Otávio Ribeiro Damaso  
                            Director of Regulation