RegAlert

Rule · BCB · 19 Mar 1987 · Circular 1143

Circular No. 1143 — Regulates savings deposit rules for minimum balance calculation for remuneration purposes

payments

The Central Bank of Brazil mandates that when the start of the running period coincides with Saturdays, Sundays, or bank holidays, only deposits made on the immediately preceding business day are counted toward the minimum account balance for remuneration purposes. This rule applies to Real Estate Credit Societies, Savings and Loan Associations, and Savings Banks.

BrazilBanco Central do Brasil

CIRCULAR NO. 001143

To
Real Estate Credit Societies, Savings and Loan Associations, and Savings Banks

We communicate that the Board of Directors of the Central Bank of Brazil, in a session held on 18.03.87, in view of the provisions of Resolutions Nos. 1,235 and 1,236, both dated 30.12.86, decided that from this date, when the start of the running period coincides with Saturdays, Sundays, and bank holidays, only deposits made on the immediately preceding business day shall be computed for the purpose of calculating the minimum balance of the account for remuneration purposes.

Brasília-DF, March 19, 1987

Luiz Carlos Mendonça de Barros
Director

Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.

Lineage: No known changes

RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

CMN Resolution No. 1235 — LoweringStandards for Receiving Free Savi…1986 · BCBCMN Resolution No. 1235 — Lowering Standards for Receiving Free Savings Deposits from Legal Entities and Their Yield Credit (1986-12-30)Resolution CMN No. 1236 — LoweringStandards for Receiving Free Savi…1986 · BCBResolution CMN No. 1236 — Lowering Standards for Receiving Free Savings Deposits from Individuals and Their Yield Credit (1986-12-30)Circular No. 1143 — Regulatessavings deposit rules for min…1987-03-19 · this documentCircular No. 1143 — Regulates savings deposit rules for minimum balance calculation for remuneration purposes (1987-03-19)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (2)
Issued under

More like this from BCB

BCB published 15 documents in the last 30 days. We email you each new one the day it's published.

Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

In RegAlert: added · updated