BCB Instruction Normative No. 715 of March 6, 2026

Resolution No. 222

INSTRUCTION NORMATIVE BCB No. 715, OF MARCH 6, 2026

Publishes clarifications regarding the deduction of the exigibility of compulsory deposit collection on sight funds and on time funds, as provided for in BCB Resolution No. 551, of March 3, 2026.

The Head of the Department of Banking Operations and Payment Systems – Deban, in the exercise of the authority conferred by Art. 23, item I, letter “a”, of the Internal Regulations of the Central Bank of Brazil, annexed to BCB Resolution No. 340, of September 21, 2023, and taking into account the provisions of BCB Resolution No. 551, of March 3, 2026,

RESOLVES:

Art. 1º This Instruction Normative publishes clarifications regarding the deduction of the exigibility of compulsory deposit collection on sight funds and on time funds associated with the advance payment of ordinary contributions to the Credit Guarantee Fund – FGC, as provided for in BCB Resolution No. 551, of March 3, 2026.

Art. 2º The value related to the advance payment of ordinary contributions to the FGC, eligible for deduction according to BCB Resolution No. 551, of March 3, 2026, advanced until May 2026, may be divided into installments.

§ 1º Each installment of the advance payment of ordinary contributions to the FGC is associated with an advance date and can be divided into up to two deduction components:

I - component related to compulsory deposit collection on sight funds; and

II - component related to compulsory deposit collection on time funds.

§ 2º For each effectively advanced installment, once the components for deduction in each type of compulsory deposit collection (on sight funds and time funds) are defined, this definition cannot be modified for the following calculation periods, observing the provisions of Art. 1º, § 3º, of BCB Resolution No. 551, of March 3, 2026.

§ 3º The distribution of the effectively advanced installment between the types of compulsory deposit collection (on sight funds and time funds) may be different for each installment.

Art. 3º The value related to the advance payment of ordinary contributions to the FGC eligible for deduction, as provided for in BCB Resolution No. 551, of March 3, 2026, must be reported through the message “RCO0002 - IF informs Statement”, from the RCO Service Group, contained in the Service Catalog of the National Financial System, observing the following codes from the Domain Dictionary:

I - in the case of deduction in compulsory deposit on sight funds (field “CodRCO” with the value “1 - Sight Funds”):

a) CodItem “1041 – Component of the installment of the mandatory advance to the FGC referring to 25/03/2026 to be deducted in compulsory deposit on sight funds”;

b) CodItem “1042 – Component of the installment of the mandatory advance to the FGC referring to 27/04/2026 to be deducted in compulsory deposit on sight funds”; and

c) CodItem “1043 – Component of the installment of the mandatory advance to the FGC referring to 25/05/2026 to be deducted in compulsory deposit on sight funds”;

II - in the case of deduction in compulsory deposit on time funds (field “CodRCO” with the value “9 - Time Funds”):

a) CodItem “9041 – Component of the installment of the mandatory advance to the FGC referring to 25/03/2026 to be deducted in compulsory deposit on time funds”;

b) CodItem “9042 – Component of the installment of the mandatory advance to the FGC referring to 27/04/2026 to be deducted in compulsory deposit on time funds”; and

c) CodItem “9043 – Component of the installment of the mandatory advance to the FGC referring to 25/05/2026 to be deducted in compulsory deposit on time funds”.

Sole Paragraph. The value reported referring to the last day of the calculation period will be considered for deduction.

Art. 4º The deduction components related to the mandatory advances to the FGC will remain constant during the calculation periods established in this article, according to the advance date:

I - Advance referring to 25/3/2026:

a) compulsory deposit on sight funds – CodItem 1041:

1. Group “A”: from the calculation period starting on 23/3/2026 until the period ending on 30/4/2026; and

2. Group “B”: from the calculation period starting on 16/3/2026 until the period ending on 24/4/2026;

b) compulsory deposit on time funds – CodItem 9041: from the calculation period starting on 23/3/2026 until the period ending on 30/4/2026;

II - Advance referring to 27/4/2026:

a) compulsory deposit on sight funds – CodItem 1042:

1. Group “A”: from the calculation period starting on 20/4/2026 until the period ending on 29/5/2026; and

2. Group “B”: from the calculation period starting on 27/4/2026 until the period ending on 22/5/2026;

b) compulsory deposit on time funds – CodItem 9042: from the calculation period starting on 27/4/2026 until the period ending on 29/5/2026;

III - Advance referring to 25/5/2026:

a) compulsory deposit on sight funds – CodItem 1043:

1. Group “A”: from the calculation period starting on 18/5/2026 until the period ending on 26/6/2026; and

2. Group “B”: from the calculation period starting on 25/5/2026 until the period ending on 19/6/2026;

b) compulsory deposit on time funds – CodItem 9043: from the calculation period starting on 25/5/2026 until the period ending on 26/6/2026.

Art. 5º From the calculation period immediately subsequent to those provided for in Art. 4º, the value reported in the respective CodItem must be reduced by 1/60 (one sixtieth) of the originally reported value.

Sole Paragraph. The reduction provided for in the caput will be increased by another 1/60 (one sixtieth) from the first calculation period that contains the first business day of each subsequent month.

Art. 6º The sum of the values of the CodItems referred to in Art. 4º, item I, must correspond:

I - to the value of the first installment of the mandatory advance to the FGC, in the case of advance in three installments; or

II - to the total value of the mandatory advance to the FGC, in the case of advance in a single installment.

Art. 7º This Instruction Normative enters into force on the date of its publication.

FÁBIO MARTINS TRAJANO DE ARRUDA

NOTE

Decree No. 10.411, of June 30, 2020, provides in its Art. 3º that the issuance, alteration, or revocation of normative acts of general interest of economic agents or users of services provided by direct, autarchic, and foundational federal public administration bodies and entities shall be preceded by a regulatory impact analysis – AIR.

However, this same Decree lists, in the items of § 2º of its Art. 3º, normative acts to which the requirement to prepare an AIR does not apply, among which we highlight the acts “that deal strictly with exchange and monetary policy” (item IV of said paragraph).

Therefore, having in mind that it deals strictly with monetary policy, the preparation of an AIR does not apply to the Instruction Normative now proposed.

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