Circular Letter No. 4061 — Amends the Maximum Percentage of Custodian Institution Remuneration

The Head of the Circulating Media Department (Mecir), using the powers conferred upon him by Article 23, item I, clause "a" of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, and considering the provisions of Article 2 of Circular No. 3,298, of November 1, 2005, whose main text was amended by Circular No. 3,358, of August 16, 2007,

R E S O L V E:

Art. 1 The maximum percentage of remuneration to be applied to each confirmed withdrawal request and to each deposit and cash exchange request executed in the network of branches of the custodian authorized to perform the custody service, valid for the entire national territory, shall be 0.44% (forty-four hundredths percent).

Art. 2 Circular Letter No. 3,997, of December 27, 2019, is hereby revoked.

Art. 3 This Circular Letter enters into force on the date of its publication, producing its effects from July 6, 2020.

Felipe Beer Frenkel