BCB Resolution No. 134 — Provides for the custody of cash by the Central Bank of Brazil and approves its Regulations

BCB RESOLUTION NO. 134, OF SEPTEMBER 1, 2021

Provides for the custody of cash by the Central Bank of Brazil and approves its Regulations.

The Collegiate Board of the Central Bank of Brazil, in a session held on September 1, 2021, based on art. 10, item II, of Law No. 4.595, of December 31, 1964, in view of the provisions of Vote 201/2021–BCB, of September 1, 2021,

RESOLVES:

Art. 1 The custody of cash by the Central Bank of Brazil may be carried out, in accordance with this Resolution, by banking financial institutions or by an association of financial institutions constituted for this purpose.

Art. 2 In the execution of the custody referred to in this Resolution, the custodian institutions, through a contract signed with the Central Bank of Brazil, shall assume the duties defined in the Regulations for the Custody of Cash by the Central Bank of Brazil, contained in Annex I to this Resolution.

§ 1 The custody services shall be performed in the premises of the custodian institutions, under their administrative and operational control, and, complementarily, in a remote installation contracted by them for this purpose, provided that the relevant legislation is observed.

§ 2 The contracting of a remote installation for the provision of custody services must be authorized by the Central Bank of Brazil, with the custodian institution remaining responsible for the execution of the contract.

§ 3 The Department of Circulating Medium (Mecir) shall exercise the management and supervision of the custodian institutions regarding compliance with the rules and the quality of the services provided, as well as establish the definition of:

I - targets to be met by the custodian institution regarding the cleaning and distribution of cash; and

II - operational procedures regarding the movements of cash between the Central Bank of Brazil and the custodian institution.

Art. 3 The custodian institutions shall be entitled to remuneration to be paid by the financial institutions, applicable to the following operations, when performed in the premises of the custodians authorized to execute the custody service and, complementarily, in remote installations contracted for this purpose:

I - each confirmed withdrawal request;

II - each completed deposit request; and

III - each completed exchange operation.

§ 1 The remuneration shall be fixed by Mecir, as a percentage incident on the total value of the operation, taking into account the total cost of the custody system, based on cost statements presented by the custodian institutions.

§ 2 The cash movements exceptionally carried out at the Central Bank of Brazil shall not be remunerated.

Art. 4 The custodian institutions shall be entitled to reimbursement of the value of any accumulated deficit at the end of a period due to the occurrence of expenses not reimbursed by the remuneration earned, as well as shall be required to return the value of any accumulated surplus at the end of a period due to the occurrence of expenses lower than the remuneration earned.

§ 1 The reimbursement shall be effected through the collection of supplementary remuneration for each financial institution using the custody service, in a single installment, proportionally to its movement in the period.

§ 2 The return shall be effected through the issuance of a credit of specific value for each financial institution using the custody service, in a single installment, proportionally to its movement in the period.

§ 3 Both the reimbursement and the return referred to in §§ 1 and 2 of this article shall only occur after verification by the Central Bank of Brazil of the cost statements presented by the custodian institutions and their communication to the financial institutions using the custody service.

§ 4 In the event of the termination of the service provision by the custodian institutions, the accumulated result up to that point shall be calculated, including the period prior to the effectiveness of this Resolution, and the reimbursement or return referred to in §§ 1 and 2 of this article shall be effected.

§ 5 At the discretion of the Central Bank of Brazil, a specific methodology may be adopted for the definition of the values to be reimbursed or returned, in the case of § 4 of this article.

§ 6 The failure to reimburse or return, in whole or in part, referred to in §§ 1, 2, and 4 of this article shall imply the adoption of appropriate measures within the competence of the Central Bank of Brazil.

§ 7 The result calculated at the end of a period shall be subject to independent audit contracted by the custodian institutions.

Art. 5 The Technical Council for Cash Custody (CTCN) is hereby established, of a consultative nature, which shall be responsible for carrying out studies and proposing solutions related to the execution of circulating medium policies.

§ 1 The CTCN shall be composed of representatives:

I - of the Central Bank of Brazil;

II - of each custodian institution authorized by the Central Bank of Brazil; and

III - of non-custodian financial institutions, users of the custody of cash by the Central Bank of Brazil, indicated by the Brazilian Federation of Banks (Febraban).

§ 2 The CTCN has the following duties:

I - carry out studies on matters pertinent to the custody of cash by the Central Bank of Brazil;

II - evaluate the cost statements incurred in the custody operation; and

III - propose the inclusion and exclusion of custodian premises.

§ 3 The CTCN shall be governed by its own regulations, to be published by the Central Bank of Brazil, which shall also provide for the number of representatives of the institutions mentioned in § 1 of this article.

Art. 6 The Glossary of the Regulations for the Custody of Cash by the Central Bank of Brazil is hereby published, in the form of Annex II to this Resolution.

Art. 7 The following are revoked:

I - Resolution No. 3,322, of October 27, 2005; and

II - Circular No. 3,298, of November 1, 2005.

Art. 8 This Resolution enters into force on the date of its publication.

Carolina de Assis Barros
Director of Administration

ANNEX I
TO BCB RESOLUTION NO. 134, OF SEPTEMBER 1, 2021

REGULATIONS FOR THE CUSTODY OF CASH BY THE CENTRAL BANK OF BRAZIL

Regulates the custody of cash by the Central Bank of Brazil.

CHAPTER I
GENERAL PROVISIONS

Art. 1 The custody of cash by the Central Bank of Brazil is the activity of maintaining non-monetized cash of the Central Bank of Brazil in an institution specially authorized for this purpose, called the custodian, with the purpose of carrying out the operations provided for in these Regulations.

§ 1 The following may be authorized to perform the cash custody service:

I - banking financial institutions; and

II - association of financial institutions, constituted for this purpose.

§ 2 The provision of custody services shall be performed in a custodian premise under its administrative and operational control and, complementarily, in a remote installation contracted by the custodian for this purpose, which must:

I - observe compliance with the provisions of these Regulations within the premise;

II - define and apply the security policy of the premise;

III - implement necessary modifications in the physical installations of the premise; and

IV - observe the relevant legislation, in the contracting of remote installation.

§ 3 The Central Bank of Brazil may establish criteria in the contracting of remote installation for the provision of custody services by the custodian.

Art. 2 The custodian may maintain custody in premises exclusively dedicated to this purpose or in premises dedicated to other banking operations.

§ 1 The premises referred to in this article must be registered in the National Registry of Legal Entities of the Special Secretariat of the Federal Revenue of Brazil as premises of the custodian.

§ 2 The premises dedicated to other banking operations must be registered in the Information System on Entities of Interest of the Central Bank (Unicad) as agency installations or advanced service point installations.

§ 3 Custody may be maintained in remote installations contracted by the custodian for this purpose, provided there is authorization from the Central Bank of Brazil and the relevant legislation is observed, with the custodian remaining responsible for the execution of the contract signed with the Central Bank of Brazil.

Art. 3 It is up to the Central Bank of Brazil to decide on the granting of the condition of custodian, primarily considering the fulfillment of the needs of the circulating medium, respecting the conditions provided for in these Regulations.

Sole paragraph. The assumption of custody shall take place through a contract between the custodian and the Central Bank of Brazil.

Art. 4 It is up to the Central Bank of Brazil to decide on the inclusion, exclusion, and suspension of custodian premises, considering the cost-benefit relationship of the custody system.

Sole paragraph. There may be more than one custodian premise per municipality.

CHAPTER II
DUTIES

Art. 5 The duties of the custodian are:

I - hold and administer the custody of non-monetized cash at the disposal of the Central Bank of Brazil, with the purpose of receiving deposits and paying cash withdrawals to banking financial institutions;

II - provide the arrangement, classification, and storage of the custodied cash according to the rules defined by the Central Bank of Brazil;

III - carry out the verification and selection of the received cash, separating that classified as unsuitable for circulation, for delivery to the Central Bank of Brazil;

IV - distribute metal coins and supply the change supply;

V - forward to the Central Bank of Brazil unusable cash, in accordance with these Regulations;

VI - carry out the collection of cash, following instructions from the Central Bank of Brazil; and

VII - comply with these Regulations and the circulating medium policies defined by the Central Bank of Brazil.

Sole paragraph. The entries resulting from custody operations shall be effected through messages from the Circulating Medium (CIR) group of the message catalog of the Brazilian Payments System (SPB).

CHAPTER III
OBSERVANCE OF MANAGEMENT POLICIES

Art. 6 The management policies for the custody of cash by the Central Bank of Brazil, issued by the Department of Circulating Medium (Mecir), will involve, among others, determinations on:

I - banking service operating hours;

II - criteria for the cleaning of cash;

III - collection of banknotes and metal coins;

IV - composition of cash withdrawals, establishing denominations of banknotes to be preferably provided;

V - composition of cash deposits, establishing denominations of banknotes to be accepted;

VI - definition of locations for delivery/pickup of cash (relief/reinforcement); and

VII - segregation, classification, and arrangement of the custodied cash.

CHAPTER IV
LIMIT FOR CUSTODIED VALUES

Art. 7 The custodian shall be responsible for the cash maintained in custody, responding for its integrity.

§ 1 The responsibility provided for in the caput of this article is limited, in any event, to the equivalent, in national currency, to the sum of the face values of the banknotes and metal coins custodied.

§ 2 Mecir shall define the maximum limit admitted for the total custodied values, based on a justified justification from the financial institution custodian.

§ 3 In exceptional situations, the maximum limit may be relaxed, at the discretion of Mecir, upon motivated request from the custodian.

§ 4 The custody assumption contract may include the requirement that the custodian present guarantees corresponding to the financial value of the cash maintained in custody.

CHAPTER V
ATTENDANCE TO OTHER BANKS

Art. 8 Financial institutions may be attended at any custodian premise or at any remote installation contracted by the custodian, respecting the operational limits defined by Mecir, provided they register each operation through specific messages of the SPB.

Art. 9 Custodian premises shall guarantee a safe environment for the storage and movement of values, and this condition shall be proven by a security plan approved by the Federal Police Department.

CHAPTER VI
ARRANGEMENT AND CLASSIFICATION OF CUSTODIED CASH

Art. 10 The composition by denomination of the custodied cash in a custodian premise must maintain constant correspondence with the respective record in the Circulating Medium Management System (Sismecir).

Art. 11 The custodied cash shall remain permanently separated from other values in the strongrooms of the custodian premises or the remote installation, in such a way as to allow, at any time, its identification.

Sole paragraph. At the discretion of the Central Bank of Brazil, there may be, exceptionally, the storage of cash outside the strongrooms of the custodian premises.

Art. 12 The arrangement of the custodied cash in the strongrooms of the custodian premises shall be done in a way that allows the verification of the stock.

Art. 13 The custody of the following types of cash is permitted:

I - new banknotes (type I);

II - banknotes to be selected (type II);

III - banknotes selected for recirculation/manual selection (type III);

IV - banknotes selected for recirculation/automated selection (type IV);

V - banknotes classified as unusable or unfit for circulation (type V);

VI - collected banknotes (type VI), resulting from a collection process in progress, determined by the Central Bank of Brazil;

VII - new metal coins (type VII);

VIII - collected metal coins (type VIII), resulting from a collection process in progress, determined by the Central Bank of Brazil;

IX - unusable metal coins (type IX); and

X - usable metal coins (type X).

§ 1 The custodied cash shall be separated according to the specification provided for in the items of the caput of this article, each volume containing only one denomination and family.

§ 2 Banknotes of types II to VI shall be grouped in strapped hundreds.

§ 3 Hundreds of banknotes of types II to VI shall be grouped in thousands, which must be topped with a label, according to the model defined by Mecir.

§ 4 Thousands of banknotes of the same denomination, classification, and family shall be grouped in bags when there is sufficient quantity to allow packaging, and the closing device must contain a seal with numbering and label, according to the model defined by Mecir.

§ 5 New metal coins shall be packaged in the original wrappers, which must not be torn.

§ 6 Usable metal coins shall be packaged in wrappers identified with the name of the depositing institution, the denomination, and the quantity, which must not be torn.

Art. 14 In withdrawal operations, cash of types I to IV shall be used.

Sole paragraph. The use of type II cash in withdrawal operations may only occur in accordance with the management policy for cash custody, defined by Mecir, in the form of art. 6 of these Regulations.

CHAPTER VII
VERIFICATION OF CASH

Art. 15 The custodian shall carry out the verification of the cash received from financial institutions, in accordance with the management policy for cash custody, defined by Mecir, in the form of art. 6 of these Regulations.

§ 1 The verification process shall be carried out in a safe environment.

§ 2 The custodian shall inform the Central Bank of Brazil of the data resulting from the processing of cash through a message from the CIR group of the message catalog of the SPB.

Art. 16 In the composition of custodied cash of types III or IV, the presence of type V banknotes shall be accepted up to a maximum percentage to be defined by Mecir, which shall be published through a Notice.

Sole paragraph. In the composition of custodied or relieved cash of type V, the presence of banknotes of types III or IV shall be accepted up to a maximum percentage to be defined by Mecir, which shall be published through a Notice.

CHAPTER VIII
CUSTODY REINFORCEMENTS

Art. 17 Custody reinforcement operations shall occur in the following situations:

I - delivery of cash directly by the Central Bank of Brazil;

II - withdrawal of cash on behalf of the Central Bank of Brazil;

III - withdrawal of cash in a custodian premise of another financial institution; and

IV - withdrawal of cash in a remote installation contracted by another financial institution custodian for the provision of custody services.

§ 1 In the case of custody reinforcement referred to in item I of the caput, the Central Bank of Brazil shall be responsible for the costs and risks of the movement and the definition of delivery locations and dates, with air deliveries being carried out at destination airports.

§ 2 In the case of custody reinforcement referred to in items II to IV of the caput, the costs and risks of the movement shall be borne by the interested custodian.

§ 3 Requests for custody reinforcement made by another custodian shall be treated as withdrawal operations, including for the purpose of payment of the corresponding remuneration.

CHAPTER IX
CUSTODY RELIEFS

Art. 18 Custody relief operations shall occur in the following situations:

I - forwarding to the Central Bank of Brazil of collected cash;

II - forwarding to the Central Bank of Brazil of unusable cash;

III - forwarding of cash to another custodian; and

IV - forwarding of any other type of cash, exceptionally, at the discretion of the Central Bank of Brazil.

§ 1 The costs and risks of custody relief operations shall be borne by the custodians.

§ 2 In the cases of custody relief referred to in items I and II of the caput, the Central Bank of Brazil may, at its discretion, promote the receipt directly at the custodian premise or at the remote installation contracted by the custodian, with the Central Bank of Brazil, in these cases, being responsible for the costs and risks of the movement and the definition of locations and dates of the receipts.

§ 3 Requests for custody relief made by another custodian shall be treated as deposit operations, including for the purpose of payment of the corresponding remuneration.

CHAPTER X
PROVISION OF CHANGE TO THE POPULATION

Art. 19 The custodian shall provide change to the population.

§ 1 The Central Bank of Brazil shall indicate to the custodian the municipalities where there must be a counter for the provision of change.

§ 2 There must be specific signage to inform the public about the presence of the counter referred to in § 1.

CHAPTER XI
COLLECTION OF BANKNOTES AND METAL COINS

Art. 20 When a collection operation is determined, the collected banknotes or coins must be forwarded to the representations of the Central Bank of Brazil indicated by it.

§ 1 The costs and risks of the movement shall be borne by the custodian.

§ 2 For each collection process, the Central Bank of Brazil shall issue specific guidance.

CHAPTER XII
REMUNERATION TO THE CUSTODIAN AND COST STATEMENTS

Art. 21 In fixing the remuneration due to the custodian, Mecir shall take into consideration:

I - expenses with the transport of cash;

II - expenses with the attendance to financial institutions;

III - expenses for the execution of the cleaning of the circulating medium, distribution of coins, collection of cash, and provision of change to the population;

IV - expenses with insurance and funds for loss provision for accidents not covered by insurance;

V - opportunity cost represented by the items of fixed assets used in the activity of the financial institution custodian;

VI - expenses with the contracting of remote installation for the provision of custody services;

VII - expenses with systems and other information technologies;

VIII - expenses with the payment of taxes resulting from the revenues earned by the remuneration paid by financial institutions when using the system;

IX - expenses pertinent to previous exercises whose accounting did not occur due to judicial/administrative pending matters; and

X - expenses with the payment of independent audit contracted with the objective of verifying and analyzing the cost data of a period.

§ 1 The custodian shall maintain a specific system for the control and calculation of the costs inherent to the custody activity and the execution of related tasks, preparing periodic statements, as provided by the Central Bank of Brazil.

§ 2 The cost control and calculation system shall be subject to the supervision of the Central Bank of Brazil.

§ 3 In the event of the termination of the service provision by the custodian, for the purpose of calculating the result, Mecir shall also take into consideration:

I - costs with demobilization;

II - costs with the anticipation of depreciation;

III - expenses resulting from contractual rescissions of the lease of movable goods, real estate, and equipment; and

IV - expenses resulting from requests for equilibrium from suppliers and contractors.

Art. 22 The custodian shall be entitled to remuneration, in the custodian premise or in the contracted remote installation, applicable to the value of each confirmed withdrawal request, completed deposit, and completed exchange.

§ 1 The financial institution custodian shall not pay remuneration in withdrawal, deposit, and exchange operations carried out in its premises or in the remote installations contracted by it.

§ 2 The operations referred to in § 1 shall be included in the calculation of the expenses provided for in art. 21.

Art. 23 The remuneration shall be fixed periodically by Mecir, being valid for the entire national territory.

§ 1 With the authorization of the Central Bank of Brazil, the custodian may adopt a remuneration percentage lower than the fixed one, which shall be used as a reference in the periodic analysis of the cost statements of the custody system.

§ 2 At any time and upon proof of relevant facts, after analysis and decision by the Central Bank of Brazil, the remuneration percentage may be revised, to resume the economic-financial balance of the custody contract.

Art. 24 The cost statements incurred by the custodian, which serve as the basis for the calculation of the remuneration percentage, shall depend on validation by the Central Bank of Brazil.

§ 1 The cost statements mentioned in this article must be discriminated according to the model standardized by the Central Bank of Brazil.

§ 2 In the event that the cost statements referred to in this article are not delivered or contain a discrepancy:

I - the Central Bank of Brazil shall arbitrate values for the purpose of calculating the remuneration percentage, possibly adopting, on a provisional basis, the last accepted cost statement, adjusted to the estimated levels of banking service attendance in the following period; and

II - once the discrepancies are resolved, any discrepancies regarding what was arbitrated shall be compensated in the calculations of the subsequent remuneration percentage.

§ 3º Periodically, the Brazilian Central Bank shall publicize the cost statements incurred by the custodian and other statistical information of interest to financial institutions using cash custody services.

CHAPTER XIII
MONITORING OF SERVICE QUALITY

Art. 25. The monitoring of the quality of services provided by the custodian shall occur through:

I - surveys with financial institutions using the custodian's services;

II - analysis of reports produced by the inspection teams of Mecir;

III - opinion polls with the population in the area served by a custodian branch; and

IV - meetings with associations representing commerce or the community in the location where a custodian branch exists.

CHAPTER XIV
INSPECTION

Art. 26. Without prior notice, Mecir shall conduct inspections at custodian premises to ensure compliance with this Regulation, specifically to verify the physical existence of values registered in Sismecir and their correspondence with the respective records.

Art. 27. Access to custodian agencies by representatives of the Brazilian Central Bank shall be granted upon identification and simultaneous confirmation with Mecir.

CHAPTER XV
PENALTIES

Art. 28. The contract referred to in the sole paragraph of Art. 3 of this Regulation shall establish the possibility of applying penalties and the situations that give rise to them.

§ 1º Failure to comply with contractual provisions subjects the offender to penalties of warning and fine, according to the severity of the offense and without prejudice to administrative, civil, and criminal sanctions that may be applicable.

§ 2º The following occurrences are considered irregularities for the purpose of applying the penalties provided in this article:

I - non-compliance with any of the provisions relating to items I to VII of Art. 6 of this Regulation;

II - non-compliance with provisions regarding the deposit of banknotes or metallic coins;

III - failure to provide information requested by Mecir within the deadline established in Art. 31;

IV - storage of cash outside the typology specified in the caput of Art. 13;

V - storage of cash not in accordance with the packaging method provided in the paragraphs of Art. 13;

VI - failure to characterize the custodian branch as a secure environment;

VII - lack of segregation of custody cash;

VIII - impossibility or hindrance to the inventory check due to the arrangement of cash;

IX - existence of an excess difference in value in the custody cash;

X - existence of a shortage difference in value in the custody cash;

XI - discrepancy in the composition by denomination or family of the custody cash;

XII - existence of a percentage higher than that stipulated by Mecir, in accordance with Art. 16;

XIII - existence of a percentage higher than that stipulated by Mecir, in accordance with the sole paragraph of Art. 16;

XIV - failure to deliver the cost statements mentioned in Art. 24 within the deadline set by Mecir;

XV - hindrance or any obstruction to Mecir's inspection at the custodian's facilities;

XVI - provision of Type II cash above the established limits;

XVII - provision of Type V cash;

XVIII - provision of cash for deposit;

XIX - carrying out withdrawal, deposit, or exchange operations with fractions of a hundred;

XX - charging remuneration at a percentage lower than that established in withdrawal, deposit, or exchange operations without prior announcement to the banking network;

XXI - charging remuneration at a value higher than due;

XXII - remittance of Type V cash to supplied custodian branches;

XXIII - carrying out operations to receive Type I cash;

XXIV - discrepancy in the composition by type of custody cash;

XXV - absence or improper functioning of a counter for providing change to the population, in accordance with Art. 19;

XXVI - non-compliance with deadlines stipulated in the contract referred to in the sole paragraph of Art. 3 of this Regulation;

XXVII - existence of incorrect or untimely records in the system; and

XXVIII - imposition of quantitative, financial, or logistical limits on withdrawal, deposit, or exchange operations, without a cash custody management policy defined by Mecir.

§ 3º The provisions of items IX and X of § 2º shall not apply to cash of Types I, II, and V to X, if it is proven that the respective containers maintain the original seal of the Brazilian Central Bank or the depositing institution.

§ 4º Recidivism in an offense punished with a warning shall imply the application of a fine.

§ 5º Recidivism in an offense punished with a fine shall result in the application of double the fine.

§ 6º Fines applied to the custodian must be paid within 30 (thirty) business days, counted from the receipt of the respective notification, under penalty of their values being increased by:

I - default interest, counted from the first day of the month following the due date, equivalent to the Reference Rate of the Special Settlement and Custody System (Selic) for federal bonds, accumulated monthly until the last day of the month prior to payment, and 1% (one percent) in the month of payment; and

II - a late fee of 2% (two percent), from the first day after the debt's due date, increased by an equal percentage every 30 (thirty) days, up to a limit of 20% (twenty percent), applied to the updated value.

Art. 29. Any shortage difference in the custody cash must be immediately rectified.

§ 1º The existence of illegitimate cash in the custody balance constitutes a shortage difference, and the custodian must observe the provisions of the caput of this article, without prejudice to the application of the applicable penalty.

§ 2º The provisions of this article shall not apply to cash of Types I, II, and V to X, if it is proven that the respective containers maintain the original seal of the Brazilian Central Bank or the depositing institution.

Art. 30. A random sampling method may be used to form an opinion on the characteristics of the total or part of the custody cash, and its result may serve as the basis for applying penalties.

CHAPTER XVI
FINAL PROVISIONS

Art. 31. The custodian shall provide information to the Brazilian Central Bank within 2 (two) business days counted from the date of receipt of the corresponding request.

Art. 32. Formal communications from the Brazilian Central Bank to custodians shall occur through:

I - message from the "Electronic Mail" (CE) of the Banco Central Information System (Sisbacen) or another form of electronic message that allows confirmation of receipt; and

II - document registered in the physical or digital protocol service of the Brazilian Central Bank.

Art. 33. In the event that the final deadline established in this Regulation falls on a non-business day, it shall be automatically transferred to the next business day.

Art. 34. Omitted cases shall be decided by the Director of Administration of the Brazilian Central Bank.

ANNEX II TO RESOLUTION BCB NO. 134, OF SEPTEMBER 1, 2021

GLOSSARY OF THE CUSTODY OF CASH REGULATION OF THE BRAZILIAN CENTRAL BANK

Custody Relief	Operation by which non-monetized cash in custody is delivered to the Brazilian Central Bank
Hundred	A strapped bundle containing 100 banknotes
Denomination	Value of a cash item (banknote or coin). Examples: R$1 (one real), R$5 (five reals), R$0.01 (one cent)
Deposit	Receipt operation of cash in custody, in which monetized cash is transformed into non-monetized, through a credit in the bank reserves account in favor of the depositing banking institution, carried out by the Brazilian Payments System (SPB). Originates from banking institutions, exclusively
Family	Specific characteristics inherent to each species of cash
Thousand	A strapped block containing 10 (ten) hundreds (1,000 banknotes)
Cash	Banknotes and metallic coins
Cash to be selected	Cash that has not yet been submitted to the cleaning process
Unusable cash	Cash that does not meet the conditions to return to circulation
Manually selected cash	Cash suitable for returning to circulation, resulting from a manual cleaning process
Machine-selected cash	Cash suitable for returning to circulation, resulting from automated cleaning
Deposit	Process by which cash with specific characteristics is permanently withdrawn from circulation, regardless of its state of conservation
Custody Reinforcement	Operation by which non-monetized cash is introduced into custody
Sacaria	Polypropylene bags for packaging banknotes
Cleaning	Process of sorting cash, carried out with the aim of purifying it of possible counterfeits and unusable cash
Withdrawal	Withdrawal operation from custody, in which non-monetized cash is transformed into monetized, through a debit in the withdrawing institution's bank reserves account, carried out by the SPB. It is carried out by banking institutions, exclusively
Exchange	Operation by which non-monetized cash from custody is exchanged for monetized cash from the circulating medium. This operation alters the composition of denominations of banknotes and coins in custody, having no repercussion on the bank reserves account. The exchange can be carried out with both banking institutions and the public