RegAlert

Rule · BCB · 23 Jun 1977 · Resolução CMN 432

CMN Resolution No. 432 - External Loans - Deposits in Foreign Currency with Banks Authorized to Operate in Foreign Exchange

fx

CMN Resolution No. 432 permits borrowers of external loans, within limits established by the Central Bank, to make deposits in foreign currencies with banks authorized to operate in foreign exchange in Brazil. The resolution also authorizes the Central Bank to issue complementary instructions necessary for the execution of this measure. This regulation applies to external loan borrowers and authorized foreign exchange banks in Brazil.

BrazilBanco Central do Brasil

RESOLUTION NO. 000432

THE CENTRAL BANK OF BRAZIL, in accordance with Article 9 of Law No. 4,595, of December 31, 1964, makes public that the MONETARY COUNCIL, in a session held on this date, having regard to the provisions of Article 4, item V, of the aforementioned Law,

HAS DECIDED:

I - To permit borrowers of external loans, within the limits established by the Central Bank, to make deposits in foreign currencies, with banks authorized to operate in foreign exchange in the Country.

II - To authorize the Central Bank to issue complementary instructions that may be necessary for the execution of this Resolution.

Brasília-DF, June 23, 1977

Paulo H. Pereira Lira
President

Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.

Annotations and obligations
1 permission · 2 definitions
  • Permission 1
  • Definition / condition 2
  • background, boilerplate

Lineage: Superseded

Law No. 4595 dated 1964-12-31Law No. 4595 dated 1964-12-31CMN Resolution No. 432 -External Loans - Deposits in …1977-06-23 · this documentCMN Resolution No. 432 - External Loans - Deposits in Foreign Currency with Banks Authorized to Operate in Foreign Exchange (1977-06-23)CMN Resolution No. 595 - Extern…1980CMN Resolution No. 595 - External Loans - Alteration in the System for Retention of the Countervalue in Cruzeiros (1980-01-16)Resolution CMN No. 1209 - Regis…1986Resolution CMN No. 1209 - Registered Deposits in Foreign Currencies (1986-10-30)Circular No. 1303 — Conversion …1988Circular No. 1303 — Conversion of External Debt into Investment (1988-03-18)Resolution CMN No. 1696 — Revok…1990Resolution CMN No. 1696 — Revokes provisions on the establishment of deposits registered in foreign currencies with the Central Bank and establishes provisions for their release (1990-03-29)Circular No. 349 - External Loa…1977Circular No. 349 - External Loans - Foreign Currency Deposits with Banks Authorized to Operate in Foreign Exchange (1977-06-23)
amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Timeline

Amended 3 times · last 1990-03-29

More like this from BCB

BCB published 16 documents in the last 30 days. We email you each new one the day it's published.

Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

In RegAlert: added · updated

FX rules change often. Get an email the day any regulator we track changes its foreign-exchange rules.