Circular No. 2630 — Authorizes financial institutions to create special public service structures and clarifies the scope of Circular No. 1230 of 22.09.87

CIRCULAR N. 002630

Authorizes financial institutions to create special public service structures and clarifies the scope of Circular No. 1230 of 22.09.87.

The Board of the Central Bank of Brazil, in a session held on 01.11.95, based on item II of Resolution No. 1457 of 27.01.88,

D E C I D E D:

Art. 1 To authorize financial institutions to provide banking services through special service structures, provided they are installed in an area contiguous to an operating branch.

Sole Paragraph. The records relating to the services performed must be incorporated into the accounting of the respective branch.

Art. 2 To clarify that the provision of the service of collecting and delivering cash at home, addressed in Circular No. 1230 of 22.09.87, includes, in addition to paper money and coins, the collection of checks and other clearing documents.

Art. 3 The services mentioned in the previous articles are not subject to the public service hours provided for in Resolutions Nos. 1457 of 27.01.88 and 1484 of 25.05.88.

Art. 4 The implementation of the special service structures addressed in art. 1 must be communicated to the Regional Office of this Central Bank that has jurisdiction over the institution's headquarters, via the Central Bank Information System - SISBACEN, in the form to be defined by the Department of Registration and Information (DECAD) of this Body.

Art. 5 This Circular enters into force on the date of its publication.

Brasília, November 1, 1995

Cláudio Ness Mauch
Director of Norms and Organization of the
Financial System