BCB Resolution No. 283 — Procedures for Resource Transfer to Effectuate Credit Portability and Financial Leasing

BCB RESOLUTION NO. 283, OF JANUARY 4, 2023

Establishes the procedures necessary for the execution of the transfer of resources to effectuate the portability of credit operations and financial leasing as provided for in CMN Resolution No. 5,057, of December 15, 2022.

The Collegiate Board of the Central Bank of Brazil, in a session held on January 4, 2023, based on art. 9 of Law No. 4,595, of December 31, 1964, and considering CMN Resolution No. 5,057, of December 15, 2022,

RESOLVES:

Art. 1 This Resolution establishes the procedures necessary for the execution of the transfer of resources to effectuate the portability of credit operations and financial leasing, as provided for in CMN Resolution No. 5,057, of December 15, 2022, to be observed by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.

Art. 2 For the purposes of effectuating the portability of credit operations and financial leasing, the transfer of resources from the proposing institution to the original creditor institution must be carried out exclusively by means of Electronic Available Transfer (TED).

Sole Paragraph. The transfer referred to in the caput:

I - is not subject to value limits; and

II - must observe the specific parameters contained in the Message and File Catalog of the National Financial System Network, as well as use the identification code for portability referred to in the sole paragraph of art. 5 of CMN Resolution No. 5,057, of 2022, in the case of resource transfer referred to in art. 9 of CMN Resolution No. 5,057, of 2022.

Art. 3 Circular No. 3,336, of December 14, 2006, is revoked.

Art. 4 This Resolution enters into force on March 1, 2023.

Otávio Ribeiro Damaso
Director of Regulation