Circular No. 1014 - Banking Hours - Public Service at Commercial Banks, Development Banks, Investment Banks, Savings Banks, and Credit Cooperatives

CIRCULAR NO. 001014

To Commercial Banks, Development Banks, Investment Banks, Savings Banks, and Credit Cooperatives

We communicate that the Board of Directors of the Central Bank, in a session held on 19.03.86, decided, based on the provisions of Resolution No. 428, of 26.05.77, to establish the following hours for public service at commercial banks, investment banks, development banks, savings banks, and credit cooperatives:

a) in the municipalities of state capitals, territories, and in the Federal District, and in those of 1st (first) category:

• start no earlier than 10:00 and end no later than 16:30 hours;

b) in other municipalities:

• start at 11:30 and end at 16:30 hours.

2. The Department of Banking Organization and Authorizations is authorized to adopt the necessary measures for the execution of these norms, including resolving cases that deserve special treatment.

Brasília-DF, March 25, 1986

Carlos Thadeu de Freitas Gomes André Pinheiro de Lara Rezende Director Director