BCB Resolution No. 22 — Tariff Policy for STR and SPI Systems Applicable to the National Treasury Secretariat

Resolution No. 22

BCB Resolution No. 22, of October 8, 2020

Revoked normative document, from 1º/4/2022, by BCB Resolution No. 195, of 3/3/2022.

Amends provisions of the Reserve Transfer System (STR) Regulations, attached to Circular No. 3,100, of March 28, 2002, and of the Instant Payment System (SPI) Regulations, attached to Circular No. 4,027, of June 12, 2020, relating to the tariff policy for these systems applicable to the National Treasury Secretariat (STN).

The Collegiate Board of the Central Bank of Brazil, in a session held on October 8, 2020, based on the provisions of Articles 10, item IV, of Law No. 4,595, of December 31, 1964, 10 of Law No. 10,214, of March 27, 2001, 14 and 15 of Law No. 12,865, of October 9, 2013, and Articles 9, 10, item I, and 11 of Resolution No. 2,882, of August 30, 2001, Resolution No. 4,282, of November 4, 2013, Communication No. 32,927, of December 21, 2018, and Communication No. 34,085, of August 28, 2019,

RESOLVES:

Art. 1º The Reserve Transfer System (STR) Regulations, attached to Circular No. 3,100, of March 28, 2002, shall be amended as follows:

“Art. 40. ......

......

§ 2º. Except as provided in item III of § 3º and in § 6º of this article, the tariff value is uniform for all participants.

......

§ 6º. The National Treasury Secretariat (STN), as well as the other participants, shall be included in the calculations and processes for defining and allocating the reimbursement of expenses incurred by the Central Bank of Brazil in the management and operation of the STR, but shall be exempt from paying tariffs, including those related to the operation in contingency regime provided for in Art. 42.

§ 7º. The exemption provided for in § 6º applies to tariff-generating events occurring from November 1, 2020.” (NR).

Art. 2º The Instant Payment System (SPI) Regulations, attached to Circular No. 4,027, of June 12, 2020, shall be amended as follows:

“Art. 46. ......

Sole Paragraph. The STN, as well as the other direct participants, shall be included in the processes for calculating and allocating the reimbursement of costs, but shall be exempt from paying tariffs.” (NR).

Art. 3º The payment by the STN of the tariff values provided for in Art. 40 of the Regulations attached to Circular No. 3,100, of 2002, relating to generating events occurring in the month of October 2020, must occur by the fifth business day of the month of November 2020.

Art. 4º Circular No. 3,458, of July 16, 2009, is hereby revoked.

Art. 5º This Resolution enters into force:

I - on October 13, 2020, regarding Articles 1º, 3º, and 4º; and

II - on November 3, 2020, regarding Article 2º.

Bruno Serra Fernandes
Monetary Policy Director