Financial institutions, payment institutions, and other institutions authorized to operate by Bacen that manage payment accounts must provide the account holder with a summary of the account opening agreement with the main rules for opening and use.
Among this information, the summary must contain: (i) the procedures for identification and qualification of the account holder; (ii) the characteristics of the account and the basic rules of its operation, including with respect to the available forms of operation, the procedures for charging fees, and the deadlines for providing statements and other documents; and (iii) the form of access for consultation of the fees that may be charged.
The summary must be presented to the account holder prior to contracting, by physical or electronic means.
The obligation is foreseen in article 6º, § 2º of Resolution BCB nº 96/2021.