Normative Instruction BCB No. 555 of December 2, 2024: Discloses Procedures Regarding Reserve BCB Resolution No. 189 of February 23, 2022

Resolução Nº 222

INSTRUÇÃO NORMATIVA BCB Nº 555, DE 2 DE DEZEMBRO DE 2024

Discloses procedures regarding Resolution BCB No. 189 of February 23, 2022, which defines and consolidates the rules for compulsory collection on demand resources and incorporates rules for compulsory collection on deposit resources and realized guarantees.

The Head of the Department of Banking Operations and Payment Systems – Deban, using the authority granted by Article 23, item I, letter “a”, of the Internal Regulations of the Central Bank of Brazil, annexed to Resolution BCB No. 340 of September 21, 2023, and considering the provisions of Resolution BCB No. 189 of February 23, 2022,

R E S O L V E:

Art. 1. This Normative Instruction discloses procedures regarding the compulsory collection on demand resources, as provided for in Resolution BCB No. 189 of February 23, 2022.

Art. 2. For sending and consulting information and moving resources regarding the compulsory collection on demand resources, institutions must observe the following procedures:

I - institutions participating in the Reserve Transfer System – STR with primary access via the National Financial System Network – RSFN: use the RSFN; and

II - other institutions: use the STR-Web application.

Art. 3. For providing the information referred to in Article 2 regarding reference dates from January 1, 2025, institutions must use the message “RCO0002 - IF informs Statement”, from the RCO Service Group, contained in the Catalog of Services of the National Financial System, filling in the field “CodRCO” with the value “1 - Demand Resources”, observing the following codes of the Domain Dictionary that deal with the closing account balance of the day for accounting items of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil – Cosif:

I - CodItem 1001 - total balance of the item “4.1.1.00.00.00-6 Demand Deposits”, from Cosif (Article 3, item I, of Resolution BCB No. 189 of February 23, 2022);

II - CodItem 1007 - sum of the balances of the items “4.9.9.65.00.00-5 RESOURCES IN TRANSIT FROM THIRD PARTIES” and “4.1.9.50.00.00-7 PAYMENT ORDERS IN NATIONAL CURRENCY”, from Cosif (Article 3, items II and VIII, of Resolution BCB No. 189 of February 23, 2022); (Amended, effective from 1/8/2025, by Normative Instruction BCB No. 641 of 7/9/2025.)

III - CodItem 1008 - total balance of the item “4.9.1.00.00.00-0 Collection and Collection of Taxes and Similar”, from Cosif (Article 3, item III, of Resolution BCB No. 189 of February 23, 2022);

IV - CodItem 1009 - total balance of the item “4.9.9.05.00.00-1 ADMINISTRATIVE CHECKS”, from Cosif (Article 3, item IV, of Resolution BCB No. 189 of February 23, 2022);

V - CodItem 1010 - total balance of the item “4.9.9.12.10.00-8 Linked to Operations Performed in the Country”, from Cosif (Article 3, item V, of Resolution BCB No. 189 of February 23, 2022), corresponding to assumption of obligations contracts linked to operations performed in the country;

VI - CodItem 1011 - total balance of the item “4.9.9.27.00.00-5 OBLIGATIONS TO PAY IN THE NAME OF THIRD PARTIES”, from Cosif (Article 3, item VI, of Resolution BCB No. 189 of February 23, 2022);

VII - CodItem 1012 - total balance of the item “4.9.9.60.00.00-0 RESOURCES FROM REALIZED GUARANTEES”, from Cosif (Article 3, item VII, of Resolution BCB No. 189 of February 23, 2022); and

VIII - CodItem 1040 - corresponds to the sum of Daily Values Subject to Collection – VSRs, as defined in the term VSRdaily of Article 4 of this Normative Instruction, of resources captured by multiple banks, foreign exchange banks, investment banks, and credit, financing, and investment companies, provided that these are not holders of a Banking Reserves account, in the case of the aforementioned banking institutions, that belong to a prudential conglomerate.

Sole Paragraph. CodItem 1040 must be reported only by the institution of the prudential conglomerate with the highest average VSR in the period.

Art. 4. The collectability of compulsory collection on demand resources will correspond to the result of the calculation below: (Amended by Normative Instruction BCB No. 768 of 8/13/2026.)

(Amended by Normative Instruction BCB No. 768 of 8/13/2026.)

I - E = collectability;

II - ∑VSRdaily = sum of the institution's VSRdaily in the calculation period;

III - VSRdaily = CodItem 1001 + CodItem 1007 + CodItem 1008 + CodItem 1009 + CodItem 1010 + CodItem 1011 + CodItem 1012;

IV - ∑CodItem 1040daily = sum of the VSRsdailies of the institutions of the prudential conglomerate, not holders of a Banking Reserves account, in the calculation period;

V - n = number of business days in the calculation period;

VI - D = deduction of the calculation base established in the caput of Article 4 of Resolution BCB No. 189 of February 23, 2022; (Amended by Normative Instruction BCB No. 768 of 8/13/2026.)

VII - A = rate applicable to the calculation base, established in Article 5 of Resolution BCB No. 189 of February 23, 2022; and (Amended by Normative Instruction BCB No. 768 of 8/13/2026.)

VIII - DeducFGC = deduction associated with the advance to the Credit Guarantee Fund – FGC, as established in Resolution BCB No. 551 of March 3, 2026. (Included by Normative Instruction BCB No. 768 of 8/13/2026.)

Art. 5. The message “RCO0002 - IF informs Statement” must contain all information regarding, at minimum, one reference date and, at maximum, one complete calculation period of the compulsory collection on demand resources, including in the case of position change, in which case the new information completely replaces the previously provided information.

Art. 6. For the purposes of Resolution BCB No. 131 of August 20, 2021, Deban will monitor the conduct of institutions regarding the provision and sending, within the established deadline, of documents, data, or information regarding compulsory collections, subjecting the institution and its administrators to the penalties provided for in the current regulations.

Art. 7. The list of financial institutions of Group “A” and Group “B”, as referred to in Article 17 of Resolution BCB No. 189 of February 23, 2022, is disclosed as a complementary document at the following address: https://www.bcb.gov.br/estabilidadefinanceira/recolhimentoscompulsorios.

Art. 8. The following are revoked:

I - Normative Instruction BCB No. 241 of March 14, 2022, published in the Official Gazette of the Union on March 15, 2022; and

II - Article 2 of Normative Instruction BCB No. 281 of April 18, 2022, published in the Official Gazette of the Union on April 19, 2022.

Art. 9. This Normative Instruction enters into force on January 1, 2025.

ROGÉRIO ANTÔNIO LUCCA

NOTE

Decree No. 10.411 of June 30, 2020, provides, in its Article 3, that the issuance, alteration, or revocation of normative acts of general interest to economic agents or users of services provided by direct, autarchic, and foundation entities of the federal public administration will be preceded by a regulatory impact analysis – AIR.

However, this same Decree lists, in the items of § 2 of its Article 3, normative acts to which the aforementioned obligation does not apply, among which we highlight the acts “that deal strictly with exchange and monetary policy” (item IV of the aforementioned paragraph).

Therefore, considering that it deals strictly with monetary policy, the preparation of an AIR does not apply to the proposed Normative Instruction.

ROGÉRIO ANTÔNIO LUCCA

Head of the Department of Banking Operations and Payment Systems