30 Mil Réis 3rd.Banco do Brazil; 1st. Series

Third Bank of Brazil

This Bank had its statutes approved with Decree no.1223 of August 31, 1853. It was created by the merger of Banco Commercial with the 2nd Banco do Brasil in Rio de Janeiro (Banco do Brasil de Mauá). The Branch Banks of the 2nd Banco do Brasil in the provinces of São Pedro and São Paulo were transformed into Branch Banks of the 3rd Banco do Brasil.

On December 20, 1854, he was authorized to establish a Bank Branch in Ouro Preto, state of Minas Gerais. By Decree of March 21, 1855, the Commercial Banks of Bahia, Commercial do Maranhão, Commercial do Pará and Pernambuco also became Branch Banks of this Bank, all with the right to issue banknotes.

By Legislative Decree of August 28, 1862, an agreement was approved between the Commercial and Agricultural Banks (authorized in 1857) and the Rural and Mortgage Banks (authorized in 1858) regarding the withdrawal of their right to issue.