Circular Letter No. 1827 — Establishes New Procedures for the Check and Other Documents Clearing Service Due to the New National Treasury Resource Movement System

Circular Letter No. 1,827, dated 06.09.88.

CIRCULAR LETTER NO. 1,827

To
Financial Institutions Participating in the Check and Other Documents Clearing Service

We inform you that, due to the new system for the movement of resources of the National Treasury, the following procedures must be observed in the Check and Other Documents Clearing Service:

a) the current number-code 100, of that Service, granted to Banco do Brasil S.A. - Tesouro, is hereby altered, in the same Service, to number-code 009 - BACEN/National Treasury;

b) the Daily Collection and Remittance Bulletins must be delivered, in the Clearing Rooms, to BACEN/National Treasury, number-code 009, whose representative in all rooms of the Clearing Systems is Banco do Brasil S.A.;

c) Bank Orders will henceforth circulate, in the Check and Other Documents Clearing Service, exclusively, as credit entries;

d) Bank Orders may be returned for the reasons set forth in MNI 4-3-4-15; and

e) Banco do Brasil S.A. will publish the routines pertinent to the new system as well as the start date thereof.

Brasília (DF) September 6, 1988.

BANKING OPERATIONS DEPARTMENT

José Costa de Oliveira

CHIEF

This text does not replace that published in the DOU and in Sisbacen.