Circular No. 2501 - Authorization to Install Branches and Create Associated Networks of Electronic Banking Service Points, and Reporting Requirements for Agency Activities

CIRCULAR NO. 002501

Dispõe sobre autorização para instalar agências no País e para criar rede associada de Posto de Atendimento Bancário Eletrônico, bem como sobre remessa de informações pertinentes a início de atividades, mudança de endereço, paralisação, reinício e encerramento de agências, postos de atendimento e Unidades Administrativas Desmembradas.

The Board of Directors of the Central Bank of Brazil, in a session held on October 26, 1994, based on Article 7 of Resolution No. 2,099, of August 17, 1994,

DECIDED:

Article 1. The installation of branches in the country depends on authorization from this Central Bank; financial institutions and other institutions authorized by it to operate must present the following documentation to the Regional Delegation having jurisdiction over them:

I - A request containing the following information:

a) Institution qualification (name, CGC, complete headquarters address);

b) Municipality of the branch;

II - Two (2) authenticated copies of the formal act that deliberated on the installation.

Article 2. Financial institutions and other institutions authorized to operate by this Body must inform their respective Regional Delegation and keep permanently updated the following data regarding their branches:

I - When starting activities of each branch:

a) Sequential code and check digit of the CGC provided by the Federal Revenue Secretariat;

b) Compensation code of the branch, if it is a multiple bank with commercial portfolio, commercial bank, or savings bank;

c) Name of the branch;

d) Address (street, neighborhood, and ZIP code);

e) Telephone number;

f) Fax number;

g) Date of occurrence;

II - When changing the name and/or address of a branch:

a) Previous name, sequential code, and check digit of the CGC;

b) New name and/or new address;

c) Date of occurrence;

III - In case of suspension (temporarily, for a maximum period of 360 days), restart, or closure (permanently) of branch activities:

a) Name of the branch;

b) Sequential code and check digit of the CGC;

c) Identification of the occurrence (suspension, restart, or closure of activity);

d) Reason, in case of suspension of activities;

e) Date of occurrence.

Article 3. Head office branch or main branch is considered the dependency that integrates the authorization for the institution's operation.

Article 4. The installation, address change, and closure of Bank Service Posts (PAB) must be communicated to the Regional Delegation of this Central Bank having jurisdiction over the institution, with the following information:

I - Name of the subordinate branch, sequential code, and check digit of the CGC;

II - Location (street, neighborhood, municipality, ZIP code, and state);

III - Name and CGC of the assisted entity;

IV - Date of occurrence.

Article 5. The installation of Temporary Service Posts (PAT) must be preceded by communication to the Regional Delegation of this Central Bank having jurisdiction over the institution, containing the following information:

I - Name of the subordinate branch, sequential code, and check digit of the CGC;

II - Location (street, neighborhood, municipality, ZIP code, and state);

III - Start and end dates of the operating period.

Article 6. The installation, address change, and closure of Gold Purchase Posts (PCO) must be communicated to the Regional Delegation of this Central Bank having jurisdiction over the institution, with the following information:

I - Name of the subordinate branch, sequential code, and check digit of the CGC;

II - Location (street, neighborhood, municipality, ZIP code, and state);

III - Date of occurrence.

Paragraph 1. The Department of International Reserves Operations - DEPIN of this Central Bank must also be informed:

I - The area of coverage of the PCO (municipality, state, or Fiscal Region);

II - The person responsible for the post (name and CPF) and any changes;

III - Monthly, the volume of gold acquired daily, discriminating the quantities in grams of contained gold and the respective producing municipalities, with the note "no movement on this date" on days without operational occurrence.

Paragraph 2. The quantities of contained gold must coincide with the amount of purchase invoices issued during the purchases made, according to the specific regulation issued by the Federal Revenue Secretariat.

Article 7. The creation of an associated network of Electronic Banking Service Points (PAE) depends on authorization from this Central Bank; interested parties must present to the Regional Delegation of this Body having jurisdiction over the administrator's headquarters the following documentation:

I - Request, with the following information:

a) Qualification of the company administering the network (name, CGC, complete headquarters address);

b) Location of the control and processing center(s) (street, neighborhood, municipality, ZIP code, and state);

II - List of financial institutions and/or their respective subsidiaries using the network;

III - Copy of the constitutive acts of the administering company;

IV - Copy of the current statutes or social contract of the administering company;

V - Map of the corporate composition of the administering company.

Sole Paragraph. Any alteration relative to the network, the capital composition of the administering company, and the location of the control and processing center must be communicated.

Article 8. The installation, address change, and closure of Electronic Banking Service Points (PAE) must be communicated to the Regional Delegation of this Central Bank having jurisdiction over the institution/administrator, with the following information:

I - In the case of an associated network:

a) Qualification of the company administering the network (name and CGC);

b) Location of the post and identification of the respective central unit to which it is linked (street, neighborhood, municipality, ZIP code, and state);

c) Date of occurrence;

II - In the case of an individual network:

a) Qualification of the institution (name and CGC);

b) Location of the post and the respective central unit to which it is linked (street, neighborhood, municipality, ZIP code, and state);

c) Date of occurrence.

Sole Paragraph. The use of an individual network by another institution through an agreement must be communicated, indicating the name, CGC, and complete headquarters address of the affiliated party, as well as any alterations relative to the network.

Article 9. The installation, address change, and closure of Cooperative Service Posts (PAC) must be communicated to the Regional Delegation of this Central Bank having jurisdiction over the cooperative, with the following information:

I - Denomination and sequential code and check digit of the CGC of the cooperative;

II - Location (street, neighborhood, municipality, ZIP code, and state);

III - Date of occurrence.

Article 10. The installation, address change, closure, and alteration of services of the Disaggregated Administrative Unit (UAD) must be communicated to the Regional Delegation of this Central Bank having jurisdiction over the institution, with the following information:

I - Subordinate branch, sequential code and check digit of the CGC, when not subordinate to the headquarters;

II - Location (street, neighborhood, municipality, ZIP code, and state);

III - Disaggregated services;

IV - Date of occurrence.

Article 11. Information related to branches may be provided via:

I - The PCIF750 transaction of the Central Bank Information System - SISBACEN, in cases of installation, name change and/or address of the branch;

II - The document "CADINF - Register of Financial Institutions - Update of Data of Branches in the Country", observing the respective codes of the Document Catalog - CADOC, in the form of the attached model, to be sent to the Regional Delegation of this Central Bank having jurisdiction over the institution, in the following cases:

a) When the institution is not interconnected to SISBACEN;

b) In case of suspension (temporarily), restart, or closure (permanently) of branch activities.

Article 12. Information related to posts and UAD may be provided via:

I - The PMSG750 transaction of SISBACEN, in the case of an institution interconnected to that System;

II - The document "CADINF - Register of Financial Institutions - Update of Data of Service Points and Disaggregated Administrative Unit", observing the respective codes of the Document Catalog - CADOC, in the form of the attached model, to be sent to the Regional Delegation of this Central Bank having jurisdiction over the institution, when not interconnected to that System.

Article 13. The information referred to in this Circular must be communicated within the following timeframes:

I - With a minimum advance of 5 (five) business days, in the cases of:

a) Start of branch and PAT activities;

b) Installation of other dependencies and UAD;

II - Within a maximum period of 5 (five) business days, counted from the date of occurrence, in the case of other information.

Article 14. Periodically, this Body will request from financial institutions and other institutions authorized by it to operate, conformity of the registration data regarding branches, which may be given via:

I - The PCIF750 transaction, in the case of institutions interconnected to SISBACEN;

II - The verification and return, with any necessary corrections, to the Regional Delegation having jurisdiction over the institution, of a listing previously sent by this Central Bank, in the case of an institution not interconnected to that System.

Sole Paragraph. The document "Updated Position of the Branch Network", referred to in item "d" of item I of Circular No. 1,316, of May 12, 1988, encoded in the Document Catalog - CADOC, under numbers 20.1.3.160-5, 26.1.3.230-9, 36.1.3.200-7, and 38.0.3.190-0, is hereby cancelled.

Article 15. The Exchange Department - DECAM of this Central Bank will dispose, opportunistically, on the procedures to be adopted by institutions authorized to operate in exchange with regard to the information to be provided concerning these operations.

Article 16. The PAB will have a maximum period of 90 (ninety) days to close its activities when installed in an underserved municipality that begins to have a branch of another banking establishment.

Sole Paragraph. The period provided for in this article begins to be counted from the start of operations of the branch of the other banking establishment in the underserved municipality.

Article 17. For the PAB of federal official institutions, installed in entities of the federal public administration in municipalities assisted by another institution, in which they do not maintain headquarters or a branch, the provisions of Article 18 of Annex III Regulation to Resolution No. 2,099, of August 17, 1994, apply.

Article 18. The maximum period for the start of operation of branches authorized until August 18, 1994, and 360 (three hundred and sixty) days counted from that date.

Sole Paragraph. Non-compliance with the period provided for in this article will imply automatic cancellation of the authorization.

Article 19. This Circular enters into force on the date of its publication.

Article 20. Circular No. 1,316, of May 12, 1988, is hereby revoked.

Brasília, October 26, 1994

Cláudio Ness Mauch Edson Bastos Sabino Director of Norms and Organization of Director of Supervision the Financial System

ANNEX I

To
CENTRAL BANK OF BRAZIL
Regional Delegation in

01-CADOC Code

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CADINF-FINANCIAL INSTITUTIONS REGISTER
Update of Data of Branches in the Country

| 02-CGC | 03-Name |

04-Nature of occurrence: ( ) inclusion ( ) data alteration
( ) START OF ACTIVITIES ( ) NAME
( ) SUSPENSION OF ACTIVITIES ( ) ADDRESS
( ) RESTART OF ACTIVITIES ( ) TELEPHONE/FAX
( ) CLOSURE OF ACTIVITIES ( ) RESPONSIBLE FOR EXCHANGE OPERATIONS
---	---
05-Date	06-Sequential
---	---
09-Address
---	---
10-Neighborhood	11-Municipality
------------------------------------------------------------------
13-ZIP Code	14-Telephone
---	---
Responsible for Exchange Operations
16-CPF	17-Name
---	---
18-Observations
---	---
19-Date	20-Name of Person Responsible for Information

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Instructions for completion on the back

                 COMPLETION INSTRUCTIONS

The fields should be completed as follows:

Field 01 - CADOC: Fill with the code referring to the type of reporting institution:
Institutions CADOC Code Savings and Loan Associations 12.1.9.151-2 Commercial Banks 20.1.9.556-2 Development Banks 22.1.9.256-3 Investment Banks 24.1.9.456-9 Multiple Banks 26.1.9.647-9 Federal Savings Bank 38.0.9.410-5 State Savings Banks 36.1.9.390-5 Credit Cooperatives 44.1.9.127-4 Consortium Administration Companies 59.1.9.473-0 Securities and Currency Brokerage Companies 79.1.9.345-0 Leasing Companies 77.1.9.299-6 Credit, Financing and Investment Companies 81.1.9.337-6 Real Estate Credit Companies 83.1.9.271-5 Securities Distribution Companies 85.1.9.327-9

Field 02 - CGC: Fill with the first 8 (eight) digits of the CGC number of the reporting institution.

Field 03 - NAME: Fill with the full name of the reporting institution.

Field 04 - NATURE OF OCCURRENCE: Check the field alteration in cases of modification or correction of previously reported data and inclusion in other cases.

Field 05 - DATE: Fill with the date of the occurrence subject of the information.

Field 06 - SEQUENTIAL: Fill with the sequential code of the CGC (control number and check digit) of the branch.

Field 07 - COMPE: Fill with the compensation code of the branch, if it is a multiple bank with commercial portfolio, commercial bank, or savings bank.

Field 08 - NAME: Fill with the denomination assigned by the institution (in case of name change, also inform the previous denomination).

Field 09 - ADDRESS: Fill with the complete address of the branch (street, avenue, number, complement, etc.).

Field 10 - NEIGHBORHOOD: Fill with the name of the neighborhood, locality, or District relative to the branch address.

Field 11 - MUNICIPALITY: Fill with the name of the municipality relative to the branch address.

Field 12 - STATE: Fill with the abbreviation of the federation unit relative to the municipality where the branch is installed.

Field 13 - ZIP CODE: Fill with the Postal Addressing Code of the branch, with 8 digits.

Field 14 - TELEPHONE: Fill with the telephone number of the branch.

Field 15 - FAX: Fill with the FAX number of the branch.

Field 16 - CPF: Fill with the CPF of the person responsible for exchange operations.

Field 17 - NAME: Fill with the name of the person responsible for exchange operations.

Field 18 - OBSERVATIONS: Any clarifications deemed necessary regarding the events described in the form.

Field 19 - DATE

Field 20 - NAME OF PERSON RESPONSIBLE FOR INFORMATION

Field 21 - SIGNATURE

ANNEX II

To
CENTRAL BANK OF BRAZIL
Regional Delegation in

01-CADOC Code

---

CADINF-FINANCIAL INSTITUTIONS REGISTER
Update of Data of Service Points and
Disaggregated Administrative Unit

| 02-CGC | 03-Name |

04-Type
( ) SPECIAL BANK SERVICE POST (PAB)
( ) COOPERATIVE SERVICE POST (PAC)
( ) ELECTRONIC BANKING SERVICE POST (PAE)
( ) TEMPORARY SERVICE POST (PAT)
( ) GOLD PURCHASE POST (PCO)
( ) DISAGGREGATED ADMINISTRATIVE UNIT (UAD)
------------------------------------------------------------------
05-Nature of occurrence: ( ) inclusion ( ) data alteration
( ) INSTALLATION
( ) CLOSURE OF ACTIVITIES
( ) ADDRESS
---	---
06-Date/Period	07-Name of Post/UAD or Name and CGC of
	Assisted Entity
---	---
08-Sequential and Name of Subordinate Branch or Name of
Processing Center
------------------------------------------------------------------
09-Address
---	---
10-Neighborhood	11-Municipality
---	---
14-Observations
---	---
15-Date	16-Name of Person Responsible for Information

---

Instructions for completion on the back

                 COMPLETION INSTRUCTIONS

The fields should be completed as follows:

Field 01 - CADOC: Fill in with the code referring to the type of reporting institution:

Institutions: CADOC Code:
Savings and Loan Associations 12.1.9.152-9 Commercial Banks 20.1.9.566-5 Investment Banks 24.1.9.462-4 Multiple Banks 26.1.9.659-6 Federal Savings Bank 38.0.9.413-6 State Savings Banks 36.1.9.397-4 Credit Cooperatives 44.1.9.130-8 Securities and Currency Brokerage Firms 79.1.9.358-4 Leasing Companies 77.1.9.302-9 Credit, Financing and Investment Firms 81.1.9.341-7 Real Estate Credit Firms 83.1.9.274-6 Securities Distribution Firms 85.1.9.340-6

Field 02 - CGC: Fill in with the first 8 (eight) digits referring to the CGC number of the reporting institution.

Field 03 - NAME: Fill in with the full name of the reporting institution.

Field 04 - TYPE: Mark the Type of Post or the UAD object of the information.

Field 05 - NATURE OF THE OCCURRENCE: Mark the field alteration in cases of modification or correction of previously reported data and inclusion in all other cases.

Field 06 - DATE: Fill in with the date of the occurrence object of the information. In the case of PAT, report the period of operation (start and end).

Field 07 - NAME OF THE POST/UAD/NAME AND CGC OF THE ASSISTED ENTITY: Fill in with the name of the post (except PAT) or the UAD or, in the case of PAB, the name and CGC of the entity assisted by the reporting institution.

Field 08 - SEQUENTIAL AND NAME OF THE SUBORDINATE AGENCY/CENTRAL PROCESSING CENTER (PAE): Fill in with the sequential code of the CGC (control number and check digit) and the name of the subordinate agency of the post or the UAD or, in addition, the name of the processing center of the PAE.

Field 09 - ADDRESS: Fill in with the complete address of the post or the UAD (street, avenue, number, complement, etc.).

Field 10 - NEIGHBORHOOD: Fill in with the name of the neighborhood, locality, or District relative to the address of the post or the UAD.

Field 11 - MUNICIPALITY: Fill in with the name of the municipality relative to the address of the post or the UAD.

Field 12 - UF: Fill in with the abbreviation of the federation unit relative to the municipality in which the post or the UAD is installed.

Field 13 - CEP: Fill in with the Postal Addressing Code of the post or the UAD, with 08 digits.

Field 14 - OBSERVATIONS: Any clarifications deemed necessary regarding the events described in the form.

Field 15 - DATE

Field 16 - NAME OF THE PERSON RESPONSIBLE FOR THE INFORMATION

Field 17 - SIGNATURE