RegAlertRule · BCB · 28 Aug 1995 · Carta Circular 2572
Circular Letter No. 2572 — Clarification on the Charging of Fees for Inactive Accounts
Effective July 1, 1995, deposit accounts that have not yet been re-registered are considered inactive for fee-charging purposes, regardless of whether permitted transactions under Circular No. 2,520 have occurred. This clarification resolves ambiguities regarding the definition of inactive accounts established in Article 7 of Circular No. 2,520 dated December 15, 1994.
CIRCULAR LETTER NO. 2572
Clarification on the Charging of Fees for Inactive Accounts.
With a view to resolving doubts regarding the concept of inactive account treated in Article 7 of Circular No. 2,520, of 15.12.94, we clarify that, as of 01.07.95, deposit accounts that have not yet been re-registered are considered inactive for the purpose of charging fees, regardless of the occurrence of the transactions permitted in Article 2 of the aforementioned Circular.
Brasilia, August 28, 1995.
DEPARTMENT OF NORMS OF THE FINANCIAL SYSTEM
Sergio Darcy da Silva Alves
Head
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“and 2.572 of August 28, 1995, are hereby revoked.”
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“With a view to resolving doubts regarding the concept of inactive account treated in Article 7 of Circular No. 2,520, of 15.12.94, we clarify that...”
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Amended 1 time · last 1996-07-25
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