Circular Letter No. 2603 — Amends dates for the expansion of electronic clearing of collection slips and for the start of electronic clearing of checks above the limit value defined for specific exchange sessions

CARTA-CIRCULAR NO. 002603

Amends dates for the expansion of electronic clearing of collection slips and for the start of electronic clearing of checks above the limit value defined for specific exchange sessions.

We communicate, having regard to the provisions of art. 3 of the Regulation annexed to Circular No. 2.398 of 29.12.93, that items "a" and "b" of subsection IV and item VI of the initial item of Circular Letter No. 2.560 of 06.07.95 shall henceforth have the following wording:

"a) from 12.01.96, all collection slip clearing forms made according to model CADOC 24044-4, accepted by the banking network, must be processed via electronic clearing, by all banks present or represented in those systems, by transmitting the data to Rio de Janeiro (RJ) and São Paulo (SP);"

"b) the following minimum percentages of the "sua remessa" volume of each participant's electronic collection must be achieved, according to the schedule below:

1. by 31.01.96 - 40%;

2. by 29.03.96 - 80%;

3. by 30.04.96 - 100%;"

"VI - the SIRC participants listed below must transmit, from the dates indicated therein, the logical files to Rio de Janeiro (RJ) and São Paulo (SP):

a) 01.03.96 - Rio de Janeiro (RJ) and São Paulo (SP);

b) 15.03.96 - Salvador (BA) and Londrina (PR);

c) 12.04.96 - Porto Alegre (RS) and Recife (PE);

d) 26.04.96 - Curitiba (PR) and Belo Horizonte (MG);

e) 10.05.96 - Ribeirão Preto (SP) and Brasília (DF);"

2. This Circular Letter enters into force on the date of its publication.

Brasília, 29 November 1995.

DEPARTMENT OF BANKING OPERATIONS

Luis Gustavo da Matta Machado
Head