Circular No. 3.336

CIRCULAR No. 003336 ------------------ Provides for the interbank transfers of funds referred to in Resolutions 3.401, of 2006, and 3.402, of 2006. The Board of Governors of the Central Bank of Brazil, in a session held on 13 December 2006, based on art. 10 of Law 10.214, of 27 March 2001, on art. 1, § 3, of Resolution 3.401, of 6 September 2006, and on art. 8 of Resolution 3.402, of 6 September 2006, D E C I D E D : Art. 1 The transfer of funds from the account not movable by checks intended for the registration and control of the flow of funds for payments of salaries, wages, proceeds, retirements, pensions and similar, referred to in art. 2, item II, of Resolution 3.402, of 2006, must be made through: I - the Available Electronic Transfer (TED) established by Circular 3.115, of 18 April 2002; or II - the Special Credit Transfer (TEC) established by Circular 3.335, of 14 December 2006. Art. 2 In any situation, the sending of the funds transfer order for interbank settlement must occur with the necessary timeliness so that the procedure is completed by 12:00 of the day of the credit of the salaries, wages, proceeds, retirements, pensions and similar in the accounts referred to in art. 1. Sole paragraph. The credit in the registration and flow control account must occur on the same day that credit is made in the deposit account of the other employees of the paying company. Art. 3 In the transfer of funds intended for the early settlement of credit concession and leasing contracts, referred to in art. 1 of Resolution 3.401, of 2006, only TED must be used. Art. 4 In the situations referred to in arts. 1 and 3, TED is not subject to any value limitation. Art. 5 This circular enters into force on the date of its publication. Art. 6 Circular 3.326, of 12 September 2006, is revoked. Brasília, 14 December 2006. Rodrigo Telles da Rocha Azevedo Director