Circular Letter No. 3923 — Establishes the Method for Information Reporting by Payment Arrangement Sponsors in the Brazilian Payment System

The Acting Head of the Department of Banking Operations and Payment Systems (Deban), under 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 considering the provisions of Article 21 of the Regulation annexed to Circular Letter No. 3,682, of November 4, 2013, as amended by Circular Letter No. 3,815, of December 7, 2016,

R E S O L V E S:

Art. 1º The content and form of periodic information reporting to the Department of Banking Operations and Payment Systems (Deban) of the Central Bank of Brazil by sponsors of payment arrangements integrated into the Brazilian Payment System (SPB) are established.

§ 1º The arrangements integrated into the SPB referred to in the caput include authorized arrangements, those that submitted an authorization request pursuant to Article 16 of the Regulation Annexed to Circular Letter No. 3,682, of 2013, and those exempted from the authorization request pursuant to Article 19 of the same Regulation.

§ 2º Sponsors of payment arrangements classified under Article 19, item I, of the Regulation Annexed to Circular Letter No. 3,682, of 2013, are exempt from the obligation to provide information.

Art. 2º Payment arrangement sponsors must send the information described in Annex I, respecting the format and periodicity defined in Annex II.

Art. 3º Circular Letter No. 3,855, of December 21, 2017, is revoked, effective April 1, 2019.

Art. 4º Circular Letter No. 3,911, of September 27, 2018, is revoked.

Art. 5° This Circular Letter enters into force on the date of its publication, producing effects for data relating to the fourth quarter of 2018, the information for which must be sent by February 28, 2019, and subsequent periods.

Carlos Eduardo de Andrade Brandt Silva

ANNEX I TO CIRCULAR LETTER NO. 3,923, OF DECEMBER 21, 2018

The following information must be sent by arrangement sponsors:

I - Information on payment transactions and fees:

a) Year;

b) Quarter;

c) Purpose;

d) Relationship modality;

e) Territorial coverage;

f) Segment;

g) Number of installments;

h) Product;

i) Capture method;

j) Nature of the payee;

k) Interchange fee defined in percentage terms;

l) Interchange fee defined in monetary values;

m) Cap for the interchange fee defined in monetary values;

n) Effective interchange fee;

o) Number of transactions;

p) Transaction value;

q) Currency.

II - Information on arrangement participants:

a) Year;

b) Quarter;

c) Purpose;

d) Relationship modality;

e) Territorial coverage;

f) Type of relationship;

g) Participant;

h) Total value of fees charged by the IAP;

i) Number of transactions;

j) Transaction value;

k) Currency.

III - Sponsor registration information:

a) Year;

b) Quarter;

c) Contact type;

d) Name;

e) Position;

f) Phone number;

g) E-mail;

h) Address.

IV - Description of arrangements:

a) Year;

b) Quarter;

c) Purpose;

d) Relationship modality;

e) Territorial coverage;

f) Summary description of the instrument.

ANNEX II TO CIRCULAR LETTER NO. 3,923, OF DECEMBER 21, 2018

Details regarding the data in Article 2:

Document Name: Statistics on payment arrangements - IAPs;

Document Code: 6333;

Submission Periodicity: quarterly;

Submission Deadline: last business day of the second month following the end of the quarter;

Reference Date: quarterly;

Responsible Unit for Curation: Deban;

Submission Method: electronic means;

Submission System: Electronic File Transfer System (STA), in the form of Circular Letter No. 3,588, of March 18, 2013, available for access on the Central Bank of Brazil website at the address https://sta.bcb.gov.br/sta/;

STA File Code: ASPB033;

Submission Format: Positional TXT;

Submission Validation: advance and post;

Additional Submission Elements: filling instructions available on the Central Bank of Brazil website at the address https://www.bcb.gov.br/htms/novaPaginaSPB/Arranjos_de_Pagamento–IAPS.pdf (Instructions for Preparing and Submitting Information Related to Payment Arrangements – Payment Arrangement Sponsors);

Electronic Address for Resolving Questions Regarding Document Submission: suporte.ti@bcb.gov.br;

Electronic Address for Resolving Questions Regarding Document Filling: estatisticas.arranjos.deban@bcb.gov.br