Circular Letter No. 3659 — Discloses Changes to Procedures for Reporting Information via Document Code 3050 to the Credit Information System (SCR)

The Head of the Economic Department (Depec) and the Head of the Financial System Monitoring Department (Desig), using the powers conferred by Article 22, item I, letter “a” of the Internal Regulations of the Central Bank of Brazil (BCB), annexed to Ordinance No. 29,971 of March 4, 2005, and in conformity with the provisions of Circular Letter No. 3,567 of December 12, 2011,

RESOLVE:

Art. 1 Operations classified under the modalities of Rural Credit and Real Estate Financing, currently reported in the Free Resources Credit segment of document code 3050, shall integrate the Directed Resources Credit segment, with reclassification to the specific modalities of Rural Credit with Market Rates and Real Estate Financing with Market Rates, respectively. The new procedure for classifying information shall enter into force considering the date of October 31, 2014, as the reference.

Art. 2 Operations classified under the modalities of Controlled Rural Credit, Housing Financing for Acquisition and Construction of Residences, and Housing Financing of document code 3050, contained in the Directed Credit segment, shall be reported as Rural Credit with Regulated Rates, regarding rural credit, and Real Estate Financing with Regulated Rates, regarding financing. The new procedure for classifying information shall enter into force considering the date of October 31, 2014, as the reference.

Art. 3 Operations carried out in excess of the limits for special checks and guaranteed accounts, reported under the Other Free Credits modality of document code 3050, must be reclassified into the respective specific modalities of Special Check and Guaranteed Account, respecting the type of financial charge provided in the contract. The new procedure for classifying information shall enter into force considering the date of January 2, 2015, as the reference.

Art. 4 Floor Plan operations, from document code 3050, must be reclassified into the Compror modality, respecting the type of financial charge provided in the contract. The new procedure for classifying information shall enter into force considering the date of January 2, 2015, as the reference.

Art. 5 Information regarding the balance of the active portfolio of the Credit Card – Cash Purchases modalities of document code 3050 must comprise the total value of cash purchases and interest-free financed purchases. The new procedure for classifying information shall enter into force considering the date of January 2, 2015, as the reference.

Art. 6 The updated version of the instructions for filling out document code 3050, as provided for in this Circular Letter, is available on the Central Bank of Brazil website at the address http://www.bcb.gov.br/?DOC3050, from the date of publication of this normative.

Art. 7 For the purposes of sending document code 3050, as provided for in arts. 1 and 2 of this Circular Letter, the new layout of the document must be used, which will be available at the aforementioned address, starting July 1, 2014.

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

Art. 9 Items 1 and 2 of letter “b” of item I of Article 12 of Circular Letter No. 3,540 of February 23, 2012, are revoked, effective October 31, 2014.

Túlio José Lenti Maciel

Head of Depec

Gilneu Francisco Astolfi Vivan

Head of Desig