Normative Instruction BCB No. 2 — Clarification on the Identification of Account Holders and Their Representatives for Deposit Account Opening

NORMATIVE INSTRUCTION BCB NO. 2, OF AUGUST 3, 2020

Clarifies on the identification of holders and their representatives for the purpose of opening deposit accounts.

The Head of the Financial System Regulation Department (Denor), using the attribution conferred by art. 23, item I, letter "a", of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, based on art. 13 of Resolution No. 4,753, of September 26, 2019,

R E S O L V E S:

Art. 1 Financial institutions are responsible for defining the necessary documentation to identify the holders of deposit accounts and their representatives, in order to comply with the provisions of arts. 2 and 8 of Resolution No. 4,753, of September 26, 2019, observing the legislation and regulation in force.

Sole Paragraph. Documents suitable for the identification of holders and their representatives, including foreigners, are any identification documents recognized by the legislation in force in the Country.

Art. 2 The requirement for the identification of holders of deposit accounts and their representatives provided for in Resolution No. 4,753, of 2019, does not prevent the recognition of the gender identity of travesti and transgender persons, including through the use of the social name on cards for access to accounts and payment instruments, in customer relationship channels, in the denomination of recipients of correspondence sent by the financial institution, among others, as well as in the personal attendance of the customer.

Art. 3 Circular Letter No. 3,813, of April 7, 2017, is revoked.

Art. 4 This Normative Instruction enters into force on the date of its publication.

João
André Calvino Marques Pereira