2010-12-06 | Circular 38/2010

Added

Circular 38/2010 — Modification of Circular 2031/97

The Bank of Mexico updates the operational rules for the reciprocal payments and credits agreement with central banks of ALADI member countries and the Dominican Republic by revising the authorized institution catalogs for Brazil and Venezuela. The update adds specific financial institutions to the approved list, assigning unique codes to each entity in both jurisdictions. For Venezuela, the Central Bank of Venezuela is explicitly restricted from processing operations with individuals, limiting its activity to state-owned enterprises and organisms in which the State participates.

Banco de Mexico logo

Mexico

Banco de Mexico

Click to view thumbnail

CIRCULAR 38/2010

Mexico City, December 6, 2010

TO THE CREDIT INSTITUTIONS:

SUBJECT: MODIFICATIONS TO THE OPERATIONAL RULES OF THE RECIPROCAL PAYMENTS AND CREDITS AGREEMENT SIGNED BY THE BANK OF MEXICO AND THE CENTRAL BANKS OF THE OTHER MEMBER COUNTRIES OF THE LATIN AMERICAN INTEGRATION ASSOCIATION (ALADI) AND THE DOMINICAN REPUBLIC.

The Bank of Mexico, based on Article 28 of the Political Constitution of the United Mexican States, sixth and seventh paragraphs; Article 24 of the Bank of Mexico Law; Article 22 of the Law for Transparency and Regulation of Financial Services; Articles 4, eighth paragraph fourth and seventh, tenth first paragraph, seventeenth section I, and nineteenth Bis section XI of the Internal Regulations of the Bank of Mexico, which grant it the authority to issue provisions through the Central Banking Dispositions Directorate and the Operations Support Directorate, respectively; as well as under the Single Article, sections VII and XII of the Agreement on the Affiliation of the Administrative Units of the Bank of Mexico; with the objective of promoting the sound development of the financial system and since Banco do Brasil and the Central Bank of Venezuela have made modifications to the catalog of institutions authorized to operate under the reciprocal payments and credits agreement signed by the Bank of Mexico and the Central Banks of the other member countries of the Latin American Integration Association (ALADI) and the Dominican Republic, has resolved to modify the Operational Rules of the Reciprocal Payments and Credits Agreement signed by the Bank of Mexico and the Central Banks of the other member countries of the Latin American Integration Association (ALADI) and the Dominican Republic.

For the above reasons, with this Circular we inform you that sheets number A.II.21 and A.II.34 have been updated.


BANK OF MEXICO Sheet No. A.II.21 November 2010

BRAZIL

NAMELOCATIONCODE
BANCO OURINVEST, S.A.SAO PAULO (SP)5939
BANCO DO BRASIL S.A.GOIANIA1528
BANCO DO BRASIL S.A.SANTO ANDRE1529
BANCO DO BRASIL S.A.SAO BERNARDO DO CAMPO1530
BANCO DO BRASIL S.A.CUIABA (MT)1532
BANCO BRASCAN S.A.RIO DE JANEIRO1539
HSBC BANK BRASIL S.A. – BANCO MULTIPLORECIFE1532
HSBC BANK BRASIL S.A. – BANCO MULTIPLOBRASILIA1541
BANCO NOSSA CAIXA, S.A.SAO PAULO1544
BANCO DO ESTADO DO RIO GRANDE DO SUL S.A.CAXIAS DO SUL1550
BANCO PAULISTA S.A.SAO PAULO1555
BANCO FRANCES URUGUAY S.A.SAO PAULO1556

BANK OF MEXICO Sheet No. A.II.34 November 2010

VENEZUELA

NAMELOCATIONCODE
BANCO CENTRAL DE VENEZUELA */CARACAS5939
CORP BANCA, C.A.CARACAS5940
BANCO DE VENEZUELA, S.A. BANCO UNIVERSALCARACAS5949
BANCO DEL CARIBE, C.A., BANCA UNIVERSALCARACAS5950
BANCO DEL CARONI, C.A.CARACAS5951
BANCO EXTERIOR, C.A., BANCO UNIVERSALCARACAS5954
BANESCO, BANCO UNIVERSAL, C.A.CARACAS5957
BANCO INDUSTRIAL DE VENEZUELACARACAS5959
BANCO MERCANTIL, C.A., BANCA UNIVERSALCARACAS5964
BANCO OCCIDENTAL DE DESCUENTO, BANCO UNIVERSAL, C.A.MARACAIBO5967
BANCO PROVINCIAL, S.A., BANCA UNIVERSALCARACAS5970
BFC BANCO FONDO COMUN, C. A., BANCO UNIVERSALCARACAS5971
VENEZOLANO DE CREDITO, S.A., BANCO UNIVERSALCARACAS5973
CITIBANK, N.A.CARACAS5975
CORP. ANDINA DE FOMENTO (CAF)CARACAS5976
BANCO SOFITASA BANCO UNIVERSAL, C.A.SAN CRISTOBAL5978
BANCO NACIONAL DE CREDITO, C.A., BANCO UNIVERSALCARACAS5980
BANCO PLAZA, C.A.CARACAS5984
THE ROYAL BANK OF SCOTLAN N.V., (SUCURSAL VENEZUELA)CARACAS5988
BANCO DE COMERCIO EXTERIOR, C.A.-(BANCOEX)CARACAS5990
BCO. DE DESARROLLO ECON. Y SOCIAL DE VZLA.CARACAS5995
BANCO GUAYANA, C.A. BCO.COMERCIAL REGIONALCARACAS5996
DEL SUR BANCO UNIVERSAL, C. A.CARACAS5998
100 % BANCO, BANCO COMERCIALCARACAS6000
BANCO DEL TESORO C. A. BANCO UNIVERSALCARACAS6001
CASA PROPIA ENTIDAD DE AHORRO Y PRÉSTAMO C. ACARACAS6003
BANCO BICENTENARIO, BANCO UNIVERSAL, C. A.CARACAS6004

*/ DOES NOT PROCESS OPERATIONS WITH INDIVIDUALS, EXCEPT FOR STATE ENTERPRISES AND ORGANISMS IN WHICH THE STATE PARTICIPATES.

More like this from BANXICO

We email you every new BANXICO publication the day it's published.

Topics
Share