Rule · BCB · 28 Feb 1989 · Circular 1451

Circular No. 1451 — Low standards on standard check model, allowing commercial banks to include the customer's logo in the third strip on the right side of the check

Commercial banks are permitted to optionally include the customer's logo in the third strip on the right side of the standard check model for customer identification. This authorization is exercised at the discretion of the institution, provided that other identification characteristics defined in the relevant regulation are maintained. The circular enters into force on the date of its publication.

BrazilBanco Central do Brasil

CIRCULAR NO. 001451

To
Commercial Banks

We communicate that the Board of Directors of the Central Bank of Brazil, in a meeting held on 24.02.89, having regard to the provisions of item III of Resolution No. 885, of 22.12.83, decided to allow commercial banks to use the third strip, on the right side, of the standard check model, intended for customer identification, to optionally, at the institution's discretion, include the printing of the customer's logo, maintaining the other identification characteristics defined in that regulation.

This Circular will enter into force on the date of its publication.

Brasília-DF, February 28, 1989

Wadico Waldir Bucchi
Director

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