CMN Resolution No. 4936 — Amends Resolution No. 4790 of March 26, 2020, Regarding Procedures for Authorization and Cancellation of Debit Authorizations in Deposit and Salary Accounts

Resolution No. 4,936

RESOLUTION
CMN No. 4,936, OF JULY 29, 2021

Amends Resolution No. 4,790, of March 26, 2020, which provides for procedures for authorization and cancellation of authorization of debits in deposit accounts and salary accounts.

The Central Bank of Brazil, under the terms of Art. 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on July 29, 2021, based on Art. 4, item VIII, of the aforementioned Law,

RESOLVES:

Art. 1 The Resolution No. 4,790, of March 26, 2020, shall enter into force with the following alterations:

"Art. 11-A. The provisions of Arts. 5, 7, and 9, as well as the sole paragraph of Art. 11, do not apply when the depositary and recipient institutions are part of the same prudential conglomerate or credit cooperative system." (NR)

"Art. 12. The depositary institution must make the following information available to the account holder:

.........................................................................................................................

§ 1 The provisions of item I of the main text do not apply to debit authorizations regarding the collection of fees on an occasional basis, as well as charges and taxes resulting from credit operations or services contracted by the holder.

§ 2 The information set forth in the main text must be made available in a specific statement or specific section of the account statement when the holder is a natural person, including individual entrepreneur, or a legal entity classified as a microenterprise or small business, in accordance with Complementary Law No. 123, of December 14, 2006." (NR)

Art. 2 Article 12, sole paragraph, of Resolution No. 4,790, of 2020, is hereby repealed.

Art. 3 This Resolution enters into force on September 1, 2021.

Roberto de Oliveira Campos Neto
President of the Central Bank of Brazil