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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
FORM 6-K
 
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
 
For the month of January, 2007

Commission File Number 1-15250
 

 

BANCO BRADESCO S.A.
(Exact name of registrant as specified in its charter)
 

BANK BRADESCO
(Translation of Registrant's name into English)
 

Cidade de Deus, s/n, Vila Yara
06029-900 - Osasco - SP
Federative Republic of Brazil
(Address of principal executive office)
 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. 

Form 20-F ___X___ Form 40-F _______

 Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.  

Yes _______ No ___X____

.


Cidade de Deus, Osasco, SP, January 24th , 2007 


Securities and Exchange Commission
Office of International Corporate Finance
Division of Corporate Finance
Washington, DC


Ref.: Monthly Interest On Own Capital

     Banco Bradesco S.A., in conformity with the System for Monthly Payment to Stockholders, will pay on March 1st, 2007 Interest on Own Capital related to the month of February/2007, in the amount of R$0.032775000 per common stock and R$0.036052500 per preferred stock to the stockholders registered in the Company’s records on February 1st, 2007.

     The payment, net of the Withholding Income Tax of 15% (fifteen percent), except for legal entity stockholders exempted from the referred taxation, which will receive for the stated amount, will be made through the net amount of R$0.027858750 per common stock and R$0.030644625 per preferred stock, as follows:

  Cordially,
   
   
  Banco Bradesco S.A.
  Milton Almicar Silva Vargas 
  Executive Vice President and 
  Investor Relations Officer 


 
SIGNATURES
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: January 24 th, 2007

 
BANCO BRADESCO S.A.
By:
 
/S/  Milton Almicar Silva Vargas

   
Milton Almicar Silva Vargas
Executive Vice President and
Investor Relations Officer
 

 
FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.