Circular Letter No. 3714 — Discloses the homologation period for messages and procedures necessary for migrating the account registry of the International Real Transfers System (TIR)

The Heads of the Financial System Monitoring Department (Desig), the Prudential and Exchange Regulation Department (Dereg), and the Information Technology Department (Deinf), using the authority granted by Article 23, item I, letter “a”, of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, and in view of the provisions of Circular No. 3,691, of December 16, 2013, as amended by Circular No. 3,750, of March 11, 2015, with effect from November 3, 2015,

R E S O L V E:

Art. 1. The execution of tests for the homologation of the new system introduced by Circular No. 3,750, of March 11, 2015, regarding the registration of accounts and the recording of international transfers in reais, as addressed in Articles 168, 177, and 179 of Circular No. 3,691, of December 16, 2013, must observe the provisions of this Circular Letter, complying, where applicable, with Article 179-A of Circular No. 3,691, of 2013.

Art. 2. The homologation tests mentioned in Article 1 must be carried out during the period from September 1 to October 23, 2015, by banking institutions authorized to operate in the foreign exchange market by the Central Bank of Brazil that maintain national currency deposit accounts in the country, titled by individuals or legal entities, resident, domiciled, or headquartered abroad.

Sole Paragraph. The tests must cover all messages of the CAM Group added and altered by version 4.06 of the National Financial System Services Catalog, available for consultation at the electronic address http://www.bcb.gov.br, menu Foreign Exchange and International Capital / Systems / National Financial System Services Catalog.

Art. 3. A new functionality is available in transaction PCAM260, option 1, suboption 6, so that banking institutions holding the resources take the necessary measures for migrating the registry of national currency deposit accounts in the country, titled by individuals or legal entities, resident, domiciled, or headquartered abroad.

§ 1. Banking institutions must include, by October 23, 2015, through the option mentioned in the main text, information regarding account identification in the IBAN format (International Bank Account Number), established by Circular No. 3,625, of February 14, 2013, and the CNPJ (National Registry of Legal Entities) number of the depository agency of the resources.

§ 2. Only accounts that are updated with all the information mentioned in § 1 will be migrated to the new registry.

Art. 4. The new layout of the monthly file referred to in Articles 177 and 179 of Circular No. 3,691, of 2013, is published at the electronic address http://www.bcb.gov.br, menu Foreign Exchange and International Capital / Systems / File Layouts.

Art. 5. This Circular Letter enters into force on the date of its publication.

Gilneu Francisco Astolfi Vivan
Head of Desig

Rodrigo Lara Pinto Coelho
Head of Dereg

Marcelo José de Oliveira Yared
Head of Deinf