Normative Instruction BCB No. 524 of September 18, 2024: Establishes Procedures for Daily Submission of Accounting Balances and Payment Transaction Volumes to the Central Bank of Brazil

Resolution No. 222

NORMATIVE INSTRUCTION
BCB NO. 524, OF SEPTEMBER 18, 2024

Establishes the procedures for the daily submission of information to the Central Bank of Brazil regarding accounting balances of active and passive nature and the financial volume of payment transactions carried out on the day, as provided for in Article 2, items I and III, of BCB Resolution No. 208, of March 22, 2022.

The Head of the Financial System Monitoring Department – 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, published through BCB Resolution No. 340, of September 21, 2023, based on Article 85, item I, letter “b” of said Regulations, and in view of the provisions of BCB Resolution No. 208, of March 22, 2022,

R E S O L V E S:

Article 1. This Normative Instruction establishes procedures for the submission of daily information regarding accounting balances of active and passive nature and the financial volume of payment transactions carried out on the day, as provided for in Article 2, items I and III, of BCB Resolution No. 208, of March 22, 2022.

Paragraph 1. In accordance with the provisions of Article 1 of BCB Resolution No. 208, of 2022, the provisions of this Normative Instruction apply to financial institutions and other institutions authorized to operate by the Central Bank of Brazil:

I - classified in Segment 1 (S1), Segment 2 (S2), Segment 3 (S3) or Segment 4 (S4); or

II - issuers of electronic money.

Paragraph 1-A. The provisions of this Normative Instruction also apply to payment institutions referred to in Article 3, Paragraph 9 of BCB Resolution No. 1, of August 12, 2020, as established in Article 3, Paragraph 5, item III, letter “a” of said Resolution. (Added by BCB Normative Instruction No. 599, of 3/27/2025, producing effects from 7/1/2025.)

Paragraph 2. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil that are issuers of electronic money, classified in Segment 5 (S5) or that do not have classification in a prudential segment, must submit only the information referred to in item V of Article 6, and Article 7 of this Normative Instruction.

Paragraph 2. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil that are issuers of electronic money, classified in Segment 5 (S5) or that do not have classification in a prudential segment, and payment institutions referred to in Article 3, Paragraph 9 of BCB Resolution No. 1, of August 12, 2020, must submit only the information referred to in Article 6, item V and Article 7 of this Normative Instruction. (Revised by BCB Normative Instruction No. 599, of 3/27/2025, producing effects from 7/1/2025.)

Article 2. The information referred to in Article 1 must be sent via document code 4111 - Daily Accounting Balances, observing the instructions contained in the Annex to this Normative Instruction.

Paragraph 1. The layout, filling instructions, and other information necessary for the preparation of 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.

Paragraph 2. The preparation of the document referred to in this article must be done observing the Accounting Standard of Institutions Regulated by the Central Bank of Brazil – Cosif defined in BCB Normative Instructions Nos. 426, 427, 428, 429, 430, 431, 432 and 433, all of December 1, 2023.

Article 3. The submission of the document referred to in Article 2 must be made daily, until the third business day following the base date.

Paragraph 1. As provided in Article 3 of BCB Resolution No. 208, of 2022, the submission referred to in the caput must be made:

Paragraph 1. As provided in Article 3 of BCB Resolution No. 208, of March 22, 2022, and in Article 3, Paragraph 5, item III, letter “a” of BCB Resolution No. 1, of August 12, 2020, the submission referred to in the caput must be made: (Revised by BCB Normative Instruction No. 599, of 3/27/2025, producing effects from 7/1/2025.)

I - by the lead institution of each prudential conglomerate, regarding the information of the 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 the cooperatives belonging to systems organized in three or two levels; and

II - by cooperative banks, confederations constituted by central credit cooperatives or central credit cooperatives, regarding the information of the cooperatives belonging to systems organized in three or two levels; (Revised by BCB Normative Instruction No. 599, of 3/27/2025, producing effects from 7/1/2025.)

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

III - by financial institutions and other institutions authorized to operate by the Central Bank of Brazil not belonging to conglomerates and by cooperatives not belonging to systems organized in three or two levels; and (Revised by BCB Normative Instruction No. 599, of 3/27/2025, producing effects from 7/1/2025.)

IV - by payment institutions referred to in Article 3, Paragraph 9 of BCB Resolution No. 1, of August 12, 2020. (Added by BCB Normative Instruction No. 599, of 3/27/2025, producing effects from 7/1/2025.)

Paragraph 2. The institutions referred to in items I and II must submit an individual document per CNPJ (Brazilian Corporate Taxpayer Registry).

Article 4. The information referred to in Article 1 comprises:

I - accounting balances of active nature, as provided in Article 2, item I, of BCB Resolution No. 208, of 2022;

II - accounting balances of passive nature, as provided in Article 2, item I, of BCB Resolution No. 208, of 2022; and

III - the financial volume of payment transactions carried out on the day, as provided in Article 2, item III, of BCB Resolution No. 208, of 2022.

Article 5. The accounting positions of active nature, referred to in Article 4, item I, comprise the following accounting items:

I - liquidity:

a) 1.1.0.00.00.00-2 - Liquidity;

b) 1.1.1.00.00.00-9 - Cash;

c) 1.1.2.00.00.00-6 - Bank Deposits;

II - negotiation and intermediation of values:

a) 1.8.4.10.00.00-0 - Registration and Settlement Boxes;

b) 1.8.4.30.00.00-8 - Debtors - Pending Liquidation Accounts; and

c) 1.8.4.90.00.00-2 - Other Credits from Negotiation and Intermediation of Values.

Article 6. The accounting positions of passive nature, referred to in Article 4, item II, comprise the following accounting items:

I - demand deposits:

a) 4.1.1.00.00.00-6 - Demand Deposits;

b) 4.1.1.05.00.00-1 - Demand Deposits from Affiliates;

c) 4.1.1.10.00.00-5 - Deposits from Natural Persons;

d) 4.1.1.20.00.00-4 - Deposits from Legal Entities;

e) 4.1.1.30.00.00-3 - Deposits from Financial System Institutions;

f) 4.1.1.40.00.00-2 - Deposits from Governments;

g) 4.1.1.60.00.00-0 - Deposits from Residents Abroad;

h) 4.1.1.90.00.00-7 - Credit Balances in Loan and Financing Accounts;

i) 4.1.1.98.00.00-1 - Closed Accounts;

II - time deposits:

a) 4.1.5.10.00.00-3 - Time Deposits;

III - judicial deposits:

a) 4.1.5.50.00.00-9 - Judicial and Administrative Deposits Maintained in the Institution;

IV - client available resources:

a) 4.1.9.25.00.00-5 - Client Available Resources;

V - electronic money (prepaid payment accounts):

a) 4.1.9.30.00.00-9 - Prepaid Payment Account;

b) 9.0.9.66.00.00-6 - Control - Prepaid Payment Account at STR Closing; (Added, from 9/1/2025, by BCB Normative Instruction No. 644, of 7/23/2025.)

VI - resources from exchange acceptances:

a) 4.3.1.00.00.00-2 - Resources from Exchange Acceptances;

VII - negotiation and intermediation of values:

a) 4.9.5.10.00.00-7 - Registration and Settlement Boxes;

b) 4.9.5.30.00.00-5 - Creditors - Pending Liquidation Accounts;

c) 4.9.5.90.00.00-9 - Other Obligations from Negotiation and Intermediation of Values;

VIII - other obligations:

a) 4.9.9.27.00.00-5 - Payment Obligations in the Name of Third Parties.

Article 7. The financial volume of payment transactions carried out on the day, referred to in Article 4, item III, comprises the following accounting item:

Article 7. The financial volume of payment transactions carried out on the day, referred to in Article 4, item III, comprises the following accounting items:(Revised, from 9/1/2025, by BCB Normative Instruction No. 644, of 7/23/2025.)

I - 3.0.9.71.00.00-6 - Payment Transactions Carried Out.

I - 3.0.9.70.00.00-3 - Payment Transactions Carried Out in the Month. (Revised, from 1/1/2025, by BCB Normative Instruction No. 571, of 12/20/2024.)

I - 3.0.9.70.10.00-0 - Payment Transactions Carried Out in the Month - As Issuer of Post-paid Payment Instrument; (Revised, from 9/1/2025, by BCB Normative Instruction No. 644, of 7/23/2025.)

II - 3.0.9.70.20.00-7 - Payment Transactions Carried Out in the Month - As Issuer of Pre-paid Payment Instrument - Payments, Transfers and Withdrawals; (Added, from 9/1/2025, by BCB Normative Instruction No. 644, of 7/23/2025.)

III - 3.0.9.70.30.00-4 - Payment Transactions Carried Out in the Month – Payment Transactions Processed as Acquirer; (Added, from 9/1/2025, by BCB Normative Instruction No. 644, of 7/23/2025.)

IV - 3.0.9.70.35.00-9 - Payment Transactions Carried Out in the Month – Payment Transactions Processed as Sub-acquirer; (Added, from 9/1/2025, by BCB Normative Instruction No. 644, of 7/23/2025.)

V - 3.0.9.70.40.00-1 - Payment Transactions Carried Out in the Month – Payment Transactions Processed as Payment Transaction Initiator. (Added, from 9/1/2025, by BCB Normative Instruction No. 644, of 7/23/2025.)

Sole Paragraph. The information referred to in the caput corresponds to the daily value of the financial volume of payment transactions, cumulatively considering payments, transfers, and withdrawals of resources, regardless of the existence of any underlying obligation between the payer and the payee.

Sole Paragraph. The information referred to in the caput corresponds to the value of the financial volume of payment transactions, cumulatively considering payments, transfers, and withdrawals of resources, regardless of the existence of any underlying obligation between the payer and the payee, carried out during the month. (Revised, from 1/1/2025, by BCB Normative Instruction No. 571, of 12/20/2024.)

Sole Paragraph. The information referred to in the caput corresponds to the value of the financial volume of payment transactions, cumulatively considering payments, transfers, and withdrawals of resources, regardless of the existence of any underlying obligation between the payer and the payee, accumulated daily throughout the month. (Revised, from 9/1/2025, by BCB Normative Instruction No. 644, of 7/23/2025.)

Article 8. Institutions mentioned in Article 1 are exempt from submitting the document of code 4111 if they do not present daily accounting balances, of active and passive nature, and financial volume of payment transactions, as provided for in Article 6, sole paragraph, of BCB Resolution No. 208, of 2022.

Paragraph 1. The registration of the exemption referred to in the caput must be carried out in the Document Submission 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.

Paragraph 2. If the institution again presents a balance related to any of the information referred to in this Normative Instruction, the institution must close the registration referred to in Paragraph 1, in the CRD, and submit the document of code 4111 from that date.

Article 9. The institutions mentioned in Article 3 must indicate an employee qualified to answer any questions regarding the information provided in accordance with this Normative Instruction.

Article 10. The indications referred to in Article 5 of BCB Resolution No. 208, of 2022, and in Article 9 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 BCB Resolution No. 209, of March 22, 2022.

Article 11. BCB Normative Instruction No. 354, of February 16, 2023, is hereby revoked.

Article 12. This Normative Instruction enters into force on January 1, 2025.

ANDRÉ MAURÍCIO TRINDADE DA ROCHA

ANNEX TO BCB NORMATIVE INSTRUCTION NO. 524,
OF SEPTEMBER 18, 2024.

Document code: 4111.

Document name: Daily Accounting Balances;

Submission frequency: Daily.

Deadline for submission: 3rd business day following the base date to which it refers.

Base date: Daily.

Unit responsible for curation: Financial System Monitoring Department (Desig);

Submission method: Electronic means.

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

Submission Format: eXtensible Markup Language – XML.

Submission Validation: Anticipated.

Submission Validation Scheme: XML Schema Definition – XSD.

Additional Elements for Submission: Layout, filling instructions, and other information necessary for the preparation of the document, available on the Central Bank of Brazil’s website at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd.

Director responsible for submission: Director responsible for daily information - Res. BCB 208.

Director responsible registration: in the “Links - Inclusion - Director Responsible for Area of Activity” module of Unicad.

Registration of the employee indicated to answer questions: in the “Links - Inclusion - Responsible for Information Submission” module of Unicad.

Electronic address for resolving questions about the completion and submission of the document: cosif@bcb.gov.br

NOTE

The document of code 4111 - Daily Accounting Balances, containing information related to daily capture registered in accounting positions, of active and passive nature, of financial institutions and other institutions authorized to operate by the Central Bank of Brazil (IFs) and to the financial volume of payment transactions carried out on the day, governed by BCB Resolution No. 208, of March 22, 2022, must be prepared and submitted by 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), or issuers of electronic money

2. The CMN Resolution No. 4.966, of November 25, 2021, and BCB Resolution No. 352, of
   November 23, 2023, concluded the process of harmonization of accounting standards provided for in the Accounting Standard of Institutions Regulated by the Central Bank of Brazil – Cosif with the international pronouncement IFRS 9 - Financial Instruments, issued by the International Accounting Standards Board – IASB.

3. To allow accounting bookkeeping in the Cosif chart of accounts to be aligned
   with the criteria and accounting procedures established in regulations issued by the CMN and the BCB, it was necessary to alter the items of said chart of accounts, which resulted in the issuance of BCB Normative Instructions (INs) Nos. 426, 427, 428, 429, 430, 431, 432 and 433, all of December 1, 2023. With the issuance of these INs, there was a change in the Cosif, including the inclusion of one more level in its list of accounts, moving from the current 5 levels to 6, which will become effective from January 1, 2025. These changes are referred to as “Cosif version 1.5”. As a direct consequence of these modifications, it is necessary to adjust document 4111 so that it can reflect the new list of accounts.

4. Decree No. 10.411, of June 30, 2020, regulates the carrying out of regulatory impact analysis – AIR as a prerequisite for the issuance of normative acts. However, in its Article 4, the Decree establishes the hypotheses for exemption from carrying out AIR. This BCB IN falls under the hypothesis provided for in IV - normative act that aims to update or revoke norms considered obsolete, without alteration of merit.

5. In view of the issuance of the normative acts cited in paragraphs 2 and 3, the current Cosif accounts will cease to be used from January 1, 2025, becoming obsolete. Aiming to allow
   institutions to correctly calculate and report daily accounting balances, there is no alternative but to alter document 4111, with the consequent update of the accounting items for which the balances existing on the considered date must be reported, thus justifying the classification of this Normative Instruction under item IV of Article 4 of Decree No. 10.411, of 2020.

6. Thus, based on the above in paragraphs 4 and 5, I understand that the issuance of this Normative Instruction is exempt from carrying out AIR.

ANDRÉ MAURÍCIO TRINDADE DA
ROCHA
Head of the Financial System Monitoring Department – Desig