Circular No. 2257 - Check Clearing Service and Other Papers - Amends Service Fee and Fine Amounts

CIRCULAR NO. 002257

TO
FINANCIAL INSTITUTIONS PARTICIPATING IN THE CHECK CLEARING SERVICE AND OTHER PAPERS.

CHECK CLEARING SERVICE AND
OTHER PAPERS - AMENDS SERVICE FEE AND FINE AMOUNTS.

WE COMMUNICATE THAT THE BOARD OF DIRECTORS OF THE CENTRAL BANK OF BRAZIL, IN A SESSION HELD ON 16.12.92, BASED ON ART. 11, ITEM VI, OF LAW NO. 4.595, OF 31.12.64, DECIDED:

ART. 1. AMEND TO CR$ 4,500.00 (FOUR THOUSAND AND FIVE HUNDRED CRUZEIROS) THE VALUE OF THE SERVICE FEE REFERRED TO IN ALINEA "E" OF ITEM I OF CIRCULAR LETTER NO. 2,153, OF 05.03.91.

ART. 2. AMEND TO UP TO CR$ 200,000.00 (TWO HUNDRED THOUSAND CRUZEIROS) THE VALUE OF THE FINE REFERRED TO IN ALINEA "G" OF ITEM I OF CIRCULAR LETTER NO. 2,153, OF 05.03.91.

ART. 3. ESTABLISH THAT:

I - STATISTICAL DATA MUST BE PROVIDED to the EXECUTOR OF THE CHECK CLEARING SERVICE AND OTHER PAPERS BY THE 5TH (FIFTH) BUSINESS DAY AFTER THE END OF THE MONTH;

II - THE FINE REFERRED TO IN ART. 2 WILL BE APPLIED PER DAY OF DELAY IN THE DELIVERY OF STATISTICAL DATA.

ART. 4. THIS CIRCULAR ENTERS INTO FORCE ON THE DATE OF ITS PUBLICATION.

BRASÍLIA (DF), DECEMBER 18, 1992

JOÃO HERALDO LIMA
DIRECTOR