Decree-Law No 18/2007 of 22 January, which entered into force on 15 March 2007, establishes the value date of any credit and debit entries in demand deposit accounts and credit transfers in euro in the Portuguese territory, and the respective effect on the date on which funds become available for the beneficiary.
Pursuant to No 10 of this Decree-Law, Banco de Portugal shall prepare and publish a progress report on the impact of its implementation.
The present report fulfils such provisions.