Circular Letter No. 2281 - Check Clearing Service: Publication of Dates for Official Implementation of Electronic Clearing in Brasilia, Porto Alegre, Ribeirao Preto, Curitiba, Belo Horizonte, Salvador, Recife, and Londrina

CIRCULAR LETTER NO. 002281

FINANCIAL INSTITUTIONS PARTICIPATING IN THE CHECK CLEARING AND OTHER DOCUMENTS SERVICE.

CHECK CLEARING AND OTHER DOCUMENTS SERVICE: PUBLISHES THE DATES FOR THE OFFICIAL IMPLEMENTATION OF ELECTRONIC CLEARING IN THE MARKETS OF BRASILIA (DF), PORTO ALEGRE (RS), RIBEIRAO PRETO (SP), CURITIBA (PR), BELO HORIZONTE (MG), SALVADOR (BA), RECIFE (PE) AND LONDRINA (PR).

ART. 1. WE COMMUNICATE THAT THE ELECTRONIC EXCHANGE OF CHECKS - ELECTRONIC CLEARING (CEL) - IN THE INTEGRATED REGIONAL SYSTEMS OF BRASILIA (DF), PORTO ALEGRE (RS), RIBEIRAO PRETO (SP), CURITIBA (PR), BELO HORIZONTE (MG), SALVADOR (BA), RECIFE (PE) AND LONDRINA (PR), WILL BE OFFICIALLY IMPLEMENTED, WITH THE PARTICIPATION OF ALL BANKS REGISTERED IN THE CHECK CLEARING AND OTHER DOCUMENTS SERVICE IN THESE MARKETS, ON THE FOLLOWING DATES DEFINED BY THE CONSULTATIVE GROUP FOR CLEARING AFFAIRS:

MARKETS OFFICIAL IMPLEMENTATION DATES

BRASILIA (DF) 31.07.92
PORTO ALEGRE (RS) 07.08.92
RIBEIRAO PRETO (SP) 14.08.92
CURITIBA (PR) 21.08.92
BELO HORIZONTE (MG) 28.08.92
SALVADOR (BA) 04.09.92
RECIFE (PE) 11.09.92
LONDRINA (PR) 18.09.92

SINGLE PARAGRAPH. ELECTRONIC CLEARING WILL COVER, INITIALLY, THE CHECKS EXCHANGED IN THE SPECIFIC SESSIONS AND WILL OBEY, INsofar AS APPLICABLE, THE OTHER NORMS AND PROCEDURES ESTABLISHED IN THE REGULATION ATTACHED TO CIRCULAR NO. 1,826, OF 18.10.90.

ART. 2. FINANCIAL INSTITUTIONS SHALL, BY MUTUAL AGREEMENT WITH THE OPERATOR, ENTER THE ELECTRONIC CLEARING BEFORE THE ESTABLISHED DATES, FOR THE PURPOSE OF VALIDATION TESTS OF THE MAGNETIC MEDIUM.

ART. 3. THIS CIRCULAR LETTER ENTERS INTO FORCE ON THE DATE OF ITS PUBLICATION.

BRASILIA (DF), MAY 29, 1992.

DEPARTMENT OF BANKING OPERATIONS

MARCELO MARTINS CURVELO
HEAD