NORMATIVE INSTRUCTION BCB NO. 355, OF FEBRUARY 17, 2023

Establishes the procedures for the daily remittance of information to the Central Bank of Brazil regarding savings deposits, as provided for in Article 2, item II, of Resolution BCB No. 208, of March 22, 2022.

The Head of the Department of Financial System Monitoring (Desig), in the exercise of the powers conferred upon him 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, based on Article 77, item III, of said Regulations, and in view of the provisions set forth in Resolutions BCB Nos. 208, of March 22, 2022, and 292, of February 14, 2023,

RESOLVES:

Art. 1º This Normative Instruction establishes procedures for the remittance of daily information regarding savings deposits, as provided for in Article 2, item II, of Resolution BCB No. 208, of March 22, 2022.

Sole Paragraph. The provisions of this Normative Instruction apply to financial institutions and other institutions authorized to operate by the Central Bank of Brazil classified in Segment 1 (S1), Segment 2 (S2), Segment 3 (S3), or Segment 4 (S4).

Art. 2º The information referred to in Art. 1 must be sent via Document Code 5500 - Savings - Daily Information, observing the instructions contained in the Annex to this Normative Instruction.

Sole Paragraph. The layout, filling instructions, and other necessary information for preparing the document indicated in this article are available on the Central Bank of Brazil’s website at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd.

Art. 3º The remittance of the document referred to in Art. 2 must be made daily, by the third business day following the reference date.

§ 1º As provided in Art. 3 of Resolution BCB No. 208, of 2022, the remittance referred to in the caput must be made:

I - by the lead institution of each prudential conglomerate, regarding the information of institutions belonging to the same conglomerate, in accordance with the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif);

II - by cooperative banks, confederations constituted by central credit cooperatives or central credit cooperatives, regarding the information of cooperatives belonging to systems organized in three or two levels; and

III - by financial institutions and other institutions authorized to operate by the Central Bank of Brazil that do not belong to conglomerates, and by cooperatives that do not belong to systems organized in three or two levels.

§ 2º The institutions referred to in items I and II must send an individual document per CNPJ (Taxpayer Registry).

Art. 4º The information referred to in Art. 1 comprises:

a) total balance at the end of the day;

b) total earnings credited on the day; and

c) total deposits made on the day; and

d) total withdrawals made on the day.

Sole Paragraph. The information referred to in this article must be segregated by the Brazilian Savings and Loan System (SBPE) modality and the Rural Savings modality, as provided in CMN Resolution No. 5.044, of November 25, 2022.

Art. 5º As provided in the sole paragraph of Art. 6 of Resolution BCB No. 208, 2022, institutions mentioned in Art. 1 that do not present daily balances of savings deposits, as referred to in this Normative Instruction, are exempt from remitting the Document Code 5500 - Savings - Daily Information.

§ 1º The registration of the exemption referred to in the caput must be carried out in the Document Remittance Control System (CRD), available on the Central Bank of Brazil’s website at the electronic address https://www3.bcb.gov.br/crd, observing the provisions of the CRD User Manual, available at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/controledocumentosif.

§ 2º If the institution again presents a balance related to savings deposits, it must register this occurrence in the CRD and remit the Document Code 5500 - Savings - Daily Information from that date onward.

Art. 6º The institutions mentioned in Art. 3 must indicate an employee qualified to answer any questions regarding the information provided in accordance with this Normative Instruction.

Art. 7º The indications referred to in Art. 5 of Resolution BCB No. 208, of 2022, and in Art. 6 of this Normative Instruction, must be registered and kept updated in the Information System on Entities of Interest to the Central Bank (Unicad), as provided in Resolution BCB No. 209, of March 22, 2022.

Art. 8º Communication No. 4.771, of September 13, 1995, is hereby repealed.

Art. 9º The following are revoked:

I - Circular Letter No. 3.327, of July 4, 2008; and

II - Circular Letter No. 4.047, of May 8, 2020.

Art. 10. This Normative Instruction enters into force on June 1, 2023.

Art. 10. This Normative Instruction enters into force on September 1, 2023. (Redacted by Normative Instruction BCB No. 360, of March 8, 2023.)

Gilneu Francisco Astolfi Vivan

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Annex to Normative Instruction BCB No. 355, of February 17, 2023

Document Code: 5500.

Document Name: Savings - Daily Information.

Remittance Frequency: Daily.

Deadline for Remittance: 3rd business day following the reference date to which it refers.

Reference Date: Daily.

Unit Responsible for Curation: Department of Financial System Monitoring (Desig).

Method of Remittance: Electronic means.

System for Remittance: File Transfer System (STA), available on the Central Bank of Brazil’s website at the address https://sta.bcb.gov.br/sta/.

Format for Remittance: XML (eXtensible Markup Language).

Validation of Remittance: Anticipated.

Remittance Validation Schema: XSD (XML Schema Definition).

Additional Elements for Remittance: layout, in XML format; models, in Excel format; XSD validation schemas; example files; validator program; and filling instructions, available on the Central Bank of Brazil’s website at the address https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd.

Director Responsible for Remittance: Director responsible for daily information – Res. BCB 208.

Director Responsible Registration: In the “Links – Inclusion – Director Responsible by Area of Activity” module of Unicad.

Registration of Employee Indicated to Answer Questions: In the “Links – Inclusion – Responsible for Information Submission” module of Unicad.

Electronic Address for Solving Doubts about Filling and Remitting the Document: poupancadiaria@bcb.gov.br.

Electronic Address for Solving Doubts about Filling and Remitting the Document: poupanca-diaria@bcb.gov.br. (Redacted by Normative Instruction BCB No. 360, of March 8, 2023.)

Institutions Obligated to Remit: Financial institutions and other institutions authorized to operate by the Central Bank of Brazil classified in Segment 1 (S1), Segment 2 (S2), Segment 3 (S3), or Segment 4 (S4).

NOTE

The remittance of Daily Information to the Central Bank of Brazil, regulated by Art. 2, item II, of Resolution BCB No. 208, of March 22, 2022, consists of sending information related to the daily collection of savings deposits, with the objective of providing support for monitoring the stability, efficiency, liquidity, and solvency of the National Financial System (SFN) and the entities supervised by the BCB.

2. Decree No. 10.139, of November 28, 2019, establishes the obligation for federal government direct, autarchic, and foundation administrative bodies and entities to review and consolidate normative acts issued within the scope of their respective competencies. This measure aims to review, update, simplify, and consolidate normative acts in order to rationalize the regulatory stock. Based on the cited decree, we proceeded to consolidate, in a single Normative Instruction, the norm that dealt with the remittance of daily information related to the collection of savings deposits to the Central Bank.

3. The changes proposed in this consolidation aim to i) adjust the list of daily information to be sent by financial institutions and the scope of institutions obligated to prepare and remit information to the new normative provisions established by Resolution BCB No. 208, of 2022; ii) replace the manual entry of information in the Central Bank Information System – Sisbacen (transaction PESP500) with the remittance of a document via electronic means, in XML (eXtensible Markup Language) format, via the File Transfer System (STA), making the provision of information less burdensome, less prone to errors, and more secure for both supervised entities and the BCB, meeting the industry’s demand for improvement in the method of remittance; and iii) promote wording adjustments to facilitate understanding of the established procedures.

4. Decree No. 10.411, of June 30, 2020, regulated the conduct of regulatory impact analysis (AIR) as a prerequisite for the issuance of normative acts. However, in its Art. 3, § 2, said decree establishes the cases in which the preparation of an AIR does not apply. This Normative Instruction falls under item VI of § 2 of said article, as it consolidates into a single normative act the norms on specific matters. Additionally, Decree No. 10.411, of 2020, in its Article 4, establishes the hypotheses for dispensing with the conduct of an AIR. This Normative Instruction falls under three of these hypotheses, namely: item II – normative act intended to discipline rights or obligations defined in a hierarchically superior norm that does not allow, technically or legally, different regulatory alternatives; item III – normative act considered to have low impact; and item VII – normative act that reduces requirements, obligations, restrictions, requests, or specifications with the objective of reducing regulatory costs. Thus, based on items II, III, and VII of Art. 4 of Decree No. 10.411, of 2020, I understand that the issuance of this Normative Instruction dispenses with the conduct of an AIR.

Gilneu Francisco Astolfi Vivan
Head of the Department of Financial System Monitoring (Desig)