Circular No. 2023 — Dispenses on the Remittance of Information to the Central Bank of Brazil — Savings Booklets — SBPE and Rural — Daily Informative

CIRCULAR NO. 002023

TO

SAVINGS DEPOSIT COLLECTION INSTITUTIONS

DISPOSES ON THE REMITTANCE OF INFORMATION TO THE CENTRAL BANK OF BRAZIL. SAVINGS BOOKLETS - SBPE AND RURAL - DAILY INFORMATIVE.

WE COMMUNICATE THAT THE BOARD OF DIRECTORS OF THE CENTRAL BANK OF BRAZIL, IN A SESSION HELD ON 21.08.91, HAVING REGARD TO THE PROVISIONS OF ART. 37 OF LAW NO. 4.595, OF 31.12.64, AND ITEM IX OF ART. 3 OF LAW NO. 4.728, OF 14.07.65, DECIDED:

ART. 1. SAVINGS DEPOSIT COLLECTION INSTITUTIONS (SBPE AND RURAL) MUST PROVIDE, DAILY, TO THE DEPARTMENT OF SPECIAL STUDIES AND MONITORING OF THE FINANCIAL SYSTEM (DEASF), OF THE CENTRAL BANK OF BRAZIL, THROUGH THE PESP500 TRANSACTION OF THE CENTRAL BANK INFORMATION SYSTEM (SISBACEN), THE FOLLOWING INFORMATION:

I - TOTAL BALANCE AT THE END OF THE DAY;
II - TOTAL EARNINGS CREDITED ON THE DAY;
III - TOTAL DEPOSITS MADE ON THE DAY;
IV - TOTAL WITHDRAWALS MADE ON THE DAY.

PARAGRAPH 1. THE INFORMATION REFERRED TO IN THIS ARTICLE MUST BE PROVIDED BY THE THIRD BUSINESS DAY FOLLOWING THE ONE TO WHICH THEY REFER, CONSIDERING BUSINESS DAYS FOR THIS PURPOSE, ANY STATE OR MUNICIPAL HOLIDAYS.

PARAGRAPH 2. INSTITUTIONS MAY ALTER THE INFORMED DATA ONLY WITHIN THE DEADLINE ESTABLISHED IN PARAGRAPH 1 OF THIS ARTICLE. AFTER THIS DEADLINE, ONLY UPON WRITTEN REQUEST ADDRESSED TO DEASF.

PARAGRAPH 3. THE FAILURE TO PROVIDE INFORMATION WITHIN THE DEADLINE ESTABLISHED IN PARAGRAPH 1 OF THIS ARTICLE SUBJECTS THE INSTITUTION TO A FINE OF CR$ 100,000.00 (ONE HUNDRED THOUSAND CRUZEIROS) PER DAY OF DELAY, WITHOUT PREJUDICE OF THE OTHER SANCTIONS PROVIDED FOR IN THE LEGISLATION IN FORCE.

PARAGRAPH 4. THE FINE REFERRED TO IN THE PREVIOUS PARAGRAPH WILL BE CHARGED TO THE "BANKING RESERVES" ACCOUNT OF THE INSTITUTION OR, IN ITS ABSENCE, TO THE RESPECTIVE ACCOUNT OF THE MULTIPLE BANK HOLDING A COMMERCIAL PORTFOLIO, COMMERCIAL BANK OR SAVINGS BANK WITH WHICH THE INSTITUTION HAS ENTERED INTO AN AGREEMENT.

PARAGRAPH 5. THE AGREEMENT PROVIDED FOR IN THE PREVIOUS PARAGRAPH DOES NOT IMPLY ANY RESPONSIBILITY OF THE HOLDER OF THE "BANKING RESERVES" ACCOUNT TOWARDS THE CENTRAL BANK OF BRAZIL, EXCEPT IN THE CASE WHERE THE POSTINGS TRANSITING THROUGH IT ARE NOT CHALLENGED BY THE FIRST BUSINESS DAY FOLLOWING THE EVENT.

ART. 2. SAVINGS DEPOSIT ADMINISTRATION INSTITUTIONS MUST SEND TO DEASF BY 02.09.91, IN A FIRST MOMENT, AND ALWAYS WHEN THEY UNDERGO CHANGES -- INCLUDING WHEN STARTING TO COLLECT RESOURCES OF THIS KIND BY AN INSTITUTION THAT DOES NOT YET DO SO --, WITHIN A MAXIMUM DEADLINE OF 3 (THREE) BUSINESS DAYS, THE FOLLOWING DATA:

I - NAMES AND CONTACT TELEPHONES OF THE RESPONSIBLE PERSONS FOR THE ADMINISTRATION OF SAVINGS RESOURCES AND FOR THE PROVISION OF THE RESPECTIVE INFORMATION;

II - CGC AND NAME OF THE FINANCIAL INSTITUTION IN WHOSE "BANKING RESERVES" ACCOUNT THE FINES PROVIDED FOR IN THIS CIRCULAR WILL BE DEBITED.

SINGLE PARAGRAPH. THE FAILURE TO REMIT THE INFORMATION REFERRED TO IN THIS ARTICLE, WITHIN THE FIXED DEADLINE, SUBJECTS THE DEFAULTING INSTITUTION TO THE SAME PENALTIES PROVIDED FOR IN PARAGRAPH 3 OF THE PREVIOUS ARTICLE.

ART. 3. INSTITUTIONS THAT DO NOT HAVE CREDENTIALING WITH SISBACEN MUST PROVIDE FOR IT AT THE DEPARTMENT OF INFORMATION TECHNOLOGY (DEINF), OF THE CENTRAL BANK OF BRAZIL, IN BRASÍLIA (DF), OR AT ITS REPRESENTATIONS IN THE REGIONAL DELEGACIES OF THIS BODY.

ART. 4. THIS CIRCULAR ENTERS INTO FORCE ON THE DATE OF ITS PUBLICATION, PRODUCING EFFECTS FROM THE DATA INFORMED WITH REFERENCE TO THE BASE DATE OF 26.08.91.

ART. 5. CIRCULAR NO. 1,751, OF 07.06.90, IS HEREBY REVOKED.

BRASÍLIA (DF), AUGUST 22, 1991

GUSTAVO JORGE LABOISSIÈRE LOYOLA LUIZ NELSON GUEDES DE CARVALHO DIRECTOR DIRECTOR