Circular No. 2.937

CIRCULAR N. 002937 ------------------ Provides for the remittance of the information referred to in art. 1, item II, subitem "a", of Circular No. 2.720, of 1996. The Board of Directors of the Central Bank of Brazil, in a session held on 13 October 1999, having regard to the provisions of art. 37 of Law No. 4.595, of 31 December 1964, and of art. 3, item IX, of Law No. 4.728, of 14 July 1965, D E C I D E D: Art. 1 Establish a period of two business days for the remittance of the information relating to the average rates charged in overdraft operations with individuals, referred to in art. 1, item II, subitem "a", of Circular No. 2.720, of 6 September 1996. Art. 2 This Circular enters into force on 1 November 1999. Brasília, 14 October 1999 Sérgio Darcy da Silva Alves Director