Circular Letter No. 3404 — Amends and Consolidates Procedures for Reporting Information to the Credit Information System (SCR) — BCB — BR

CIRCULAR LETTER NO. 003404

Amends and consolidates the procedures to be observed in the transmission of information to the Credit Information System (SCR), governed by Circular No. 3,445, of 2009.

The transmission of information for registration in the Credit Information System (SCR), governed by Article 1 of Circular No. 3,445, of March 26, 2009, must be carried out:

I - by the institutions mentioned in items II, III, V to VIII, XV, and XVI of Article 4 of Resolution No. 3,658, of December 17, 2008, regarding information of a specific nature of credit operations carried out, through the document with code 2211 - Aggregated Daily Data of Credit Operations, for file transfer in the PSTAW10 Program;

II - by all institutions mentioned in Article 4 of Resolution No. 3,658, of 2008, regarding:

a) each of the credit operations, through the document with code 3020 - Individualized Credit Risk Data, for file transfer in the PSTAW10 Program;

b) all credit operations carried out, in an aggregated manner, through the document with code 3030 - Aggregated Credit Risk Data, for file transfer in the PSTAW10 Program;

c) complementary customer data, through the document with code 3026 - Individualized Complementary Credit Risk Data, for file transfer in the PSTAW10 Program.

The document referred to in item I of the previous item must be sent daily, until the fifth business day following the respective base date.
The documents referred to in items "a" and "b" of item II of item 1, whose base dates correspond to the last day of the month, must be sent monthly:

I - until the 20th day of the month following the respective base date, for base dates prior to June 2009, inclusive;

II - until the 10th (tenth) business day of the month following the respective base date, from the base date of July 2009, inclusive.

The document referred to in item "c" of item II of item 1, whose base date corresponds to the last day of the year, must be sent annually until June 30 of the year following the respective base date.
The transmission of the documents referred to in item 1 must be carried out according to the coding of the Document Catalog (Cadoc), presented in the annex to this Circular Letter.
The information mentioned in item II of item 1 must, at the discretion of the Department of Monitoring of the Financial System and Information Management (Desig), be rectified in the SCR regarding the values corresponding to the base dates of the 13 (thirteen) previous months.
The documents referred to in item 1 must be sent to Desig, through:

I - the PSTAW10 application (information exchange), in the form of Circular Letter No. 2,847, of April 13, 1999, available for download on the Central Bank of Brazil website on the Internet, at the address http://www.bcb.gov.br/htms/pstaw10.asp; or

II - the Connect Direct software.

The documents referred to in item I of item 1 must be prepared in TXT format.
The documents referred to in item II of item 1 must be:

I - prepared in XML (eXtensible Markup Language) format;

II - validated, before their transmission, using the XSD (XML Schema Definition) validation schema.

The filling instructions and layouts of the documents referred to in item 1, as well as the XSD validation schemas, example files, and the validator program, are available on the Central Bank of Brazil website on the Internet, at the address referred to in item 7.
For the purposes of the provision in item II of Article 1 of Circular No. 3,445, of 2009, the set of the customer's operations is considered to be the total of active operations, operations written off as losses, co-obligations, and guarantees provided to the customer, and interbank transfers, not including credits contracted to be disbursed and non-cancelable unconditional and unilateral credit commitments in the calculation.
The information regarding the average term and delay levels of the operations, to be provided in the document governed by item I of item 1, must be updated only on the base date that represents the last business day of the month.
The delay levels, referred to in the previous item, must be classified in the following ranges:

I - no delay or with delay up to 14 days;

II - delay between 15 and 30 days;

III - delay between 31 and 90 days;

IV - delay exceeding 90 days.

In addition to the information contained in document 3026, the following information may be requested, upon request, through file 3025:

I - balance sheet data regarding:

a) the three previous social years prior to the base date of the request; or

b) the last available balance sheet relative to the year prior to the base date of the request, when the balance sheet relative to December 31 of the year prior to the base date of the request is unavailable; and

II - risk classification assigned by a credit rating agency, type of classification, and agency, if the institution uses this information in its risk assessment processes.

The information regarding credit operations for which judicial determination has been made to eliminate their registration in the SCR must continue to be sent for subsequent base dates to the one mentioned in the judicial decision, observing that the system will automatically verify the period of compliance with the judicial decision, as registered by the institution.
The communication referred to in the sole paragraph of Article 3 of Circular No. 3,445, of 2009, must be registered, until September 30, 2010, by all controlling institutions, which will inform the data of the institution responsible for the transmission of information for registration in the SCR.
The use of the models, layouts, filling instructions, example files, validation schemas, and validator program of the documents referred to in item 1, due to any adjustments made, must be adopted in the manner established in a specific communication.
In addition to the provision in Article 9 of Circular No. 3,445, of 2009, the registration in the SCR of the following credit operations must be carried out:

I - by the present value of the counterpayments provided in the contracts, including the guaranteed residual value, paid in advance or not, obtained through the use of the internal rate of return of each of them, in accordance with Circular No. 1,429, of January 20, 1989, in the case of financial leasing operations;

II - by the present value of the counterpayments provided in the contracts, obtained in the manner provided in Article 6, § 2, of the Regulation Annex to Resolution No. 2,309, of August 28, 1996, with the wording given by Article 1 of Resolution No. 2,465, of February 19, 1998, in the case of operational leasing operations;

III - by the value of invoices due for acquisitions of goods and services, by the value financed to the customer due to non-payment of the invoice at maturity, restricted payment to the minimum value indicated on the invoice, installment payment with or without interest, and cash withdrawals, plus revenues and charges of any nature earned, in the case of operations resulting from the use of credit cards;

IV - by the value advanced or financed to the customer, plus revenues and charges of any nature earned, in operations of Advance on Exchange Contracts (ACC), Advance on Delivered Exchange (ACE), and other advances in national currency;

V - by the value advanced or financed to the customer, plus revenues and charges of any nature earned, including the exchange variation calculated in the period, in operations of financing for import and advances in foreign currencies.

Credit operations subject to registration in the Common Register of Rural Operations (Recor) must be identified in the SCR, from the base date of April 30, 2010, inclusive, observing the filling instructions.
The information regarding credit operations referred to in Article 4 of Circular No. 3,445, of 2009, which have been subject to negotiation with an intermediary or assignor not constituted as one of the institutions mentioned in Article 4 of Resolution No. 3,658, of 2008, must be sent for registration in the SCR:

I - as own credits in the name of the drawee, the debtor, or the final borrower, with the intermediary or assignor as guarantor, until the base date of December 31, 2009;

II - as own credits with the intermediary or assignor, from the base date of January 31, 2010, inclusive.

The information regarding credit operations referred to in Article 4 of Circular No. 3,445, of 2009, which have been subject to negotiation between the institutions mentioned in Article 4 of Resolution No. 3,658, of 2008, must be sent for registration in the SCR:

I - by the assigning institution, as own credits in the name of the drawee, the debtor, or the final borrower, additionally informing the co-obligation or any other form of risk retention, indicating in the fields:

a) "contract code", the credit assignment contract, securitization, or negotiation of bank credit notes or certificates of bank credit notes;

b) "customer" and "customer type", the assignee;

c) "operation modality", the "co-obligation" modality;

II - by the assignee institution, as own credits with the assigning institution, informing the contract conditions.

Credit operations negotiated between the institutions mentioned in Article 4 of Resolution No. 3,658, of 2008, and investment funds in credit rights, whose risks and benefits were substantially retained through the acquisition of shares of these funds, in accordance with item "a" of item I of Article 8 of Circular No. 3,445, of 2009, must be registered in the SCR in the manner of item I of the previous item.
The following information must be registered in the SCR, from the base date of January 31, 2010, inclusive:

I - the identification of the drawee, the debtor, or the final borrower of credit operations granted through the negotiation referred to in § 1 of Article 4 of Circular No. 3,445, of 2009;

II - credit titles issued by individuals or legal entities resulting from credit operations of any modality, referred to in Article 6 of Circular No. 3,445, of 2009;

III - operational leasing operations;

IV - credit operations:

a) carried out by the companies referred to in item I of Article 5 of Resolution No. 3,658, of 2008, including by branches and companies located abroad;

b) acquired by investment funds administered by the entities referred to in item II of Article 5 of Resolution No. 3,658, of 2008;

c) acquired in accordance with item I of Article 8 of Circular No. 3,445, of 2009, observing the provision in item 22.

The institutions referred to in items IV, XI, and XII of Article 4 of Resolution No. 3,658, of 2008, must only provide information to the SCR from the base date of May 31, 2010, inclusive.
The information regarding the expressions of disagreement governed by item III of Article 7 of Resolution No. 3,658, of 2008, must be registered in the SCR from the base date of December 31, 2010, inclusive.
The information regarding credit operations must be sent for registration in the SCR:

I - until the base date of December 31, 2010:

a) in an individualized manner, when they present a value equal to or higher than that referred to in item II of Article 1 of Circular No. 3,445, of 2009;

b) in a consolidated manner by customer, when:

individually, they present a value lower than that referred to in item II of Article 1 of Circular No. 3,445, of 2009; and
in the set of the customer's operations, they are of a value equal to or higher than the amount referred to in the previous item;

c) only by the assignor, when they have been subject to retention or substantial transfer of part of the risks and benefits, in accordance with § 2 of Article 8 of Circular No. 3,445, of 2009;

II - from the base date of January 31, 2011, inclusive:

a) in observance of the provision in item II of Article 1 of Circular No. 3,445, of 2009;

b) in accordance with § 1 of Article 1 of Circular No. 3,445, of 2009, when they begin to present, in an individualized manner per operation, a value below that referred to in item II of that article, while they have not been settled or negotiated without substantial retention of risk and benefits or control;

c) when carried out by companies that are subject to proportional consolidation by more than one of the institutions mentioned in Article 4 of Resolution No. 3,658, of 2008, in accordance with Article 3 of Circular No. 3,445, of 2009;

d) highlighting the values referred to in the sole paragraph of Article 9 of Circular No. 3,445, of 2009;

e) in a proportional manner, by the institutions involved in the negotiation, when they have been subject to retention or substantial transfer of part of the risks and benefits, in accordance with § 2 of Article 8 of Circular No. 3,445, of 2009.

For the purposes of transmission of the documents referred to in item 1, the filling instructions, layouts, models, example files, validation schemas, and validator program currently in use remain valid, until the adoption of new procedures is communicated, in accordance with item 17.
Any doubts should be sent by email to the addresses:

I - diseg.desig@bcb.gov.br, filling the subject field with the expression "SCR - Credit Statistics", when related to the transmission of the document with code 2211;

II - scr.gestao@bcb.gov.br, filling the subject field with the expression "SCR - Detailed, Aggregated, and Complementary Information on Credit", when related to the transmission of the documents with codes 3020, 3026, 3030, 3081, and 3082.

This circular letter enters into force on the date of its publication.
Circular Letter No. 3,389, of March 26, 2009, is hereby revoked.

Brasília, June 30, 2009.

Economic Department (Depec) Department of Monitoring of the Financial System and Information Management (Desig)

Altamir Lopes Gilneu Francisco Astolfi Vivan
Chief Deputy Chief

Information Technology Department (Deinf)

José Antonio Eirado Neto
Chief

Annex

Coding of the Document Catalog (Cadoc)

I - Document with code 2211, for file transfer in the PSTAW10 program:

a) 12.1.0.302-9, for savings and loan associations;

b) 20.1.0.302-8, for commercial banks;

c) 22.1.0.031-1, for development banks;

d) 24.1.0.401-6, for investment banks;

e) 26.1.0.401-4, for multiple banks;

f) 38.0.0.401-6, for Caixa Econômica Federal;

g) 81.1.0.031-4, for credit, financing, and investment companies;

h) 83.1.0.302-7, for real estate credit companies.

II - Document with code 3020, for file transfer in the PSTAW10 program:

a) 05.1.3.004-7, for development or funding agencies;

b) 12.1.3.003-0, for savings and loan associations;

c) 20.1.3.002-2, for commercial banks;

d) 27.1.3.004-9, for exchange banks;

e) 22.1.3.001-3, for development banks;

f) 24.1.3.001-1, for investment banks;

g) 26.1.3.001-9, for multiple banks;

h) 28.0.3.001-4, for the National Bank for Economic and Social Development (BNDES);

i) 38.0.3.001-1, for Caixa Econômica Federal;

j) 39.1.3.002-0, for mortgage companies;

k) 43.1.3.002-3, for central credit cooperatives;

l) 44.1.3.001-5, for singular credit cooperatives;

m) 45.1.3.001-4, for confederations of credit cooperatives;

n) 77.1.3.001-3, for leasing companies;

o) 79.1.3.469-1, for securities brokerage companies;

p) 81.1.3.001-6, for credit, financing, and investment companies;

q) 83.1.3.001-4, for real estate credit companies;

r) 84.1.3.002-0, for microentrepreneur and small business credit companies;

s) 85.1.3.469-2, for securities distribution companies.

III - Document with code 3026, for file transfer in the PSTAW10 program:

a) 05.1.7.019-3, for development or funding agencies;

b) 12.1.7.041-6, for savings and loan associations;

c) 20.1.7.065-9, for commercial banks;

d) 27.1.7.001-6, for exchange banks;

e) 22.1.7.051-6, for development banks;

f) 24.1.7.065-5, for investment banks;

g) 26.1.7.075-6, for multiple banks;

h) 28.0.7.051-7, for the National Bank for Economic and Social Development (BNDES);

i) 38.0.7.045-9, for Caixa Econômica Federal;

j) 39.1.7.031-0, for mortgage companies;

k) 43.1.7.001-4, for central credit cooperatives;

l) 44.1.7.051-8, for singular credit cooperatives;

m) 45.1.7.001-2, for confederations of credit cooperatives;

n) 77.1.7.066-4, for leasing companies;

o) 79.1.7.066-2, for securities brokerage companies;

p) 81.1.7.065-0, for credit, financing, and investment companies;

q) 83.1.7.065-8, for real estate credit companies;

r) 84.1.7.001-1, for microentrepreneur and small business credit companies;

s) 85.1.7.065-6, for securities distribution companies.

IV - Document with code 3030, for file transfer in the PSTAW10 program:

a) 05.1.3.008-5, for development or funding agencies;

b) 12.1.3.002-3, for savings and loan associations;

c) 20.1.3.003-9, for commercial banks;

d) 27.1.3.003-2, for exchange banks;

e) 22.1.3.002-0, for development banks;

f) 24.1.3.002-8, for investment banks;

g) 26.1.3.002-6, for multiple banks;

h) 28.0.3.002-1, for the National Bank for Economic and Social Development (BNDES);

i) 38.0.3.001-1, for Caixa Econômica Federal;

j) 39.1.3.003-7, for mortgage companies;

k) 43.1.3.003-0, for central credit cooperatives;

l) 44.1.3.002-2, for singular credit cooperatives;

m) 45.1.3.002-1, for confederations of credit cooperatives;

n) 77.1.3.002-0, for leasing companies;

o) 79.1.3.470-1, for securities brokerage companies;

p) 81.1.3.002-3, for credit, financing, and investment companies;

q) 83.1.3.002-1, for real estate credit companies;

r) 84.1.3.003-7, for microentrepreneur and small business credit companies;

s) 85.1.3.470-2, for securities distribution companies.

Circular Letter No. 3404 — Amends and Consolidates Procedures for Reporting Information to the Credit Information System (SCR)

CIRCULAR LETTER NO. 003404

Lineage: Superseded

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