Circular No. 3.327

CIRCULAR No. 003327 ------------------ Amends and consolidates the provisions relating to the calculation basis and the collection of ordinary contributions of institutions associated with the Credit Guarantee Fund - FGC. The Board of Directors of the Central Bank of Brazil, in a session held on 26 September 2006, based on arts. 9 of Law 4.595 of 31 December 1964, and 3, § 2, of the Regulation Annex II to Resolution 3.251 of 16 December 2004, and in view of the provisions of art. 2 of the same regulation, as amended by Resolution 3.400 of 6 September 2006, D E C I D E D: Art. 1 The amounts of the ordinary contributions of institutions associated with the Credit Guarantee Fund - FGC must be calculated based on the sum of the monthly average of the daily balances of the accounts corresponding to the obligations subject to guarantee, recorded in the headings and subheadings of the Chart of Accounts for Institutions of the National Financial System - Cosif listed in the annex to this circular. Art. 2 The institutions associated with the FGC must inform the financial institution accredited by that fund, by the fifteenth day of each month, in the form and under the conditions disclosed by it, the amounts corresponding to the sum of their respective monthly averages of the daily balances of the headings and subheadings of Cosif that serve as the calculation basis for the ordinary contributions referring to the immediately preceding month, considering calendar days. Sole paragraph. The statements of the calculations made for the purposes of the provisions of this article must remain at the disposal of the Central Bank of Brazil at the headquarters of the associated institutions, for a period of five years. Art. 3 The financial institution accredited by the FGC must inform the associated institutions and that fund, by the 25th day of each month, of the amounts of the ordinary contributions referring to the immediately preceding month. § 1 The collection of the contributions of the institutions associated with the FGC must be arranged on the first business day of the following month. § 2 In the absence of the information provided for in art. 2 for a given month, the same amount of the last contribution calculated and collected to the FGC must be charged to the associated institution. § 3 When the occurrence is regularized under the terms of § 2, the amount of the complementation or refund of the contribution must be updated based on the remuneration of the FGC's securities portfolio. Art. 4 The financial institution accredited by the FGC must inform the Central Bank of Brazil/Department of Indirect Supervision and Information Management (Desig), by the fifteenth day of each month, of the amounts of the ordinary contributions of the associated institutions collected in the month, as well as the occurrences of non-collection and late collection. Art. 5 Delay in the collection of the ordinary contribution due implies, for the institution associated with the
FGC responsible for the contribution, a fine of 2% (two percent) on the respective amount, plus updating based on the Selic rate, in the form of the provisions of art. 2, § 4, of Resolution 3.251 of 16 December 2004. Sole paragraph. It is incumbent upon the financial institution accredited by the FGC to adopt the measures relating to the calculation and collection, to the fund, of the amount corresponding to the fine and the additions referred to in this article, observing the conditions established by it. Art. 6 The collection of ordinary contributions, as well as of the fines provided for in art. 5, must be processed within the scope of the Brazilian Payment System (SPB), through the Reserve Transfer System (STR). Sole paragraph. The financial institution accredited by the FGC is authorized to adopt the necessary procedures to comply with the provisions of this article. Art. 7 This circular enters into force on the date of its publication. Art. 8 Circular 3.270 of 21 December 2004 is hereby revoked. Brasília, 26 September 2006. Alexandre Antonio Tombini Director Annex to Circular 3.327 of 26 September 2006 Titles and subtitles of the Chart of Accounts for Institutions of the National Financial System - Cosif that serve as the calculation basis for contributions to the Credit Guarantee Fund - FGC 4.1.1.05.00-5 DEMAND DEPOSITS OF RELATED PARTIES 4.1.1.10.00-7 DEPOSITS OF NATURAL PERSONS 4.1.1.20.00-4 DEPOSITS OF LEGAL PERSONS 4.1.1.25.00-9 DEPOSITS OF COMPANIES LOCATED IN EXPORT PROCESSING ZONES - ZPE 4.1.1.30.00-1 DEPOSITS OF INSTITUTIONS OF THE FINANCIAL SYSTEM 4.1.1.40.00-8 GOVERNMENT DEPOSITS 4.1.1.45.00-3 TRAVELER'S CHECKS 4.1.1.50.00-5 CERTIFIED CHECKS 4.1.1.55.00-0 PAYROLL CHECKS 4.1.1.75.00-4 COMPULSORY DEPOSITS 4.1.1.77.00-2 COMPULSORY DEPOSITS OF RELATED PARTIES 4.1.1.80.00-6 DEPOSITS FOR INVESTMENTS ARISING FROM TAX INCENTIVES 4.1.1.85.00-1 PLEDGED DEPOSITS 4.1.1.90.00-3 CREDIT BALANCES IN LOAN AND FINANCING ACCOUNTS 4.1.2.10.00-0 FREE SAVINGS DEPOSITS - NATURAL PERSONS 4.1.2.20.00-7 FREE SAVINGS DEPOSITS - LEGAL PERSONS 4.1.2.25.00-2 SAVINGS DEPOSITS OF RELATED PARTIES 4.1.2.30.00-4 PECULIUM SAVINGS DEPOSITS 4.1.2.35.00-9 SAVINGS DEPOSITS OF INSTITUTIONS OF THE FINANCIAL SYSTEM 4.1.2.40.00-1 PROGRAMMED SAVINGS DEPOSITS 4.1.2.50.00-8 SAVINGS DEPOSITS - MULTIPLE AMOUNTS 4.1.2.60.00-5 PLEDGED SAVINGS DEPOSITS 4.1.2.80.00-9 SPECIAL SAVINGS DEPOSITS 4.1.4.10.00-6 DEPOSITS AT NOTICE 4.1.5.10.10-2 With Certificate 4.1.5.10.20-5 Non-Related Parties - Without Certificate 4.1.5.10.30-8 Related Parties - Without Certificate 4.1.5.10.40-1 Institutions of the Financial System - Without Certificate 4.1.5.30.00-3 TIME DEPOSITS WITH AUTOMATIC RENEWAL 4.1.9.10.00-1 DEPOSITS FOR INVESTMENTS 4.2.1.10.80-0 Securities Issued by the Institution 4.3.1.10.00-5 OBLIGATIONS UNDER ACCEPTANCES OF BILLS OF EXCHANGE 4.3.2.10.00-8 OBLIGATIONS UNDER ISSUANCE OF REAL ESTATE LETTERS 4.3.3.15.00-6 OBLIGATIONS UNDER ISSUANCE OF MORTGAGE LETTERS 4.3.3.25.99-3 Others
4.3.6.10.00-0 OBLIGATIONS UNDER ISSUANCE OF REAL ESTATE CREDIT LETTERS 4.9.9.25.00-5 OBLIGATIONS UNDER OFFICIAL AGREEMENTS 4.9.9.27.00-3 OBLIGATIONS UNDER PROVISION OF PAYMENT SERVICES 6.2.1.10.00-0 APE - FREE SAVINGS DEPOSITS - NATURAL PERSONS 6.2.1.20.00-7 APE - FREE SAVINGS DEPOSITS - LEGAL PERSONS 6.2.1.25.00-2 APE - SAVINGS DEPOSITS OF RELATED PARTIES 6.2.1.30.00-4 APE - DEPOSITS OF PECULIUM SAVINGS 6.2.1.35.00-9 APE - SAVINGS DEPOSITS OF INSTITUTIONS OF THE FINANCIAL SYSTEM 6.2.1.40.00-1 APE - PROGRAMMED SAVINGS DEPOSITS 6.2.1.50.00-8 APE - SAVINGS DEPOSITS - MULTIPLE AMOUNTS 6.2.1.60.00-5 APE - PLEDGED SAVINGS DEPOSITS 6.2.1.80.00-9 APE - SPECIAL SAVINGS DEPOSITS