Normative Instruction BCB No. 649 of August 13, 2025

NORMATIVE INSTRUCTION BCB NO. 649, OF AUGUST 13, 2025

Amends provisions of Normative Instruction BCB No. 307, of September 21, 2022, which disseminates operational procedures related to the Reserve Transfer System – STR, the Bank Reserves Account, and the Clearing Account, as provided in the Regulation attached to BCB Resolution No. 105, of June 9, 2021.

The Head of the Department of Banking Operations and Payment Systems – Deban, using the powers conferred by Art. 23, item I, letter “a” and by Art. 112, item IV, letter “a” of the Internal Regulations of the Central Bank of Brazil, attached to BCB Resolution No. 340, of September 21, 2023, and taking into account the provisions of the Regulation of the Reserve Transfer System – STR, the Bank Reserves Account, and the Clearing Account at the Central Bank of Brazil, attached to BCB Resolution No. 105, of June 9, 2021,

RESOLVES:

Art. 1. Normative Instruction BCB No. 307, of September 21, 2022, shall enter into force with the following amendments:

“Art. 4.
...........……………...........................................................................................................

I - .............................................................................................................................................

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b) operating institution: the request is an integral part of the authorization process for creating the commercial portfolio or for changing the social object to a commercial bank or a multiple bank with a commercial portfolio;

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(NR)

“Art. 15. ...........…………….........................................................................................................

I - with a minimum advance notice of 15 (fifteen) days from the date scheduled for the start of operations or the change of the primary access method to the STR;

.......................................................................................................................................”
(NR)

Art. 2. This Normative Instruction enters into force on September 1, 2025.

FABIO
MARTINS TRAJANO DE ARRUDA

NOTE

This Normative Instruction aims to update a provision regarding the request for account opening by operating institutions to align it with the authorization process; as well as to adjust the deadline for submitting the aptitude declaration considering current needs for procedures prior to entering production.

As it is a normative act intended to regulate rights or obligations defined in a hierarchically superior norm that does not allow, technically or legally, different regulatory alternatives, and as it contemplates a low-impact update, the preparation of a Regulatory Impact Analysis – AIR is waived, in accordance with the provisions of Art. 4, items II and III, of Decree No. 10.411, of June 30, 2020.

FABIO
MARTINS TRAJANO DE ARRUDA
Head of the Department of Banking Operations and Payment Systems