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Rule · BCB · 8 Apr 1981 · Circular 627

Circular No. 627 — Requires financial institutions to adopt homonymy verification procedures under Decree 85.708/81

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Financial institutions and other entities authorized to operate by the Central Bank of Brazil must adopt the homonymy verification procedure established by Decree No. 85.708/1981 when conducting their operations. This requirement applies to all such institutions effective from the date of the circular.

BrazilBanco Central do Brasil

CIRCULAR NO. 000627

Taking into account the provisions of Decree No. 85.708, of February 10, 1981, we communicate that all financial institutions, as well as other institutions authorized to operate by this Central Bank, must adopt the procedure for verifying the occurrence of homonymy, referred to in the aforementioned Decree, in the conduct of their operations.

Brasília-DF, April 8, 1981

Hermann Wagner Wey Director

Antonio Chagas Meirelles Director

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Decree No. 85.708, of February 10,1981Not in RegAlertDecree No. 85.708, of February 10, 1981 — Not in RegAlertCircular No. 627 — Requiresfinancial institutions to ado…1981-04-08 · this documentCircular No. 627 — Requires financial institutions to adopt homonymy verification procedures under Decree 85.708/81 (1981-04-08)
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Issued under
  • Decree No. 85.708, of February 10, 1981Not in RegAlert

    “Taking into account the provisions of Decree No. 85.708, of February 10, 1981, we communicate that all financial institutions... must adopt the procedure for verifying the occurrence of homonymy, referred to in the aforementioned Decree...”

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