rroco STATISTICS ON EXTERNAL TRANSACTIONS AND POSITIONS MANUAL OF PROCEDURES March 2018 Version 3.0 Version 3.0 | March 2018 2 STATISTICS ON EXTERNAL TRANSACTIONS AND POSITIONS Content 1. INTRODUCTION ........................................................................................................................ 6 1.1. Content of the Manual ....................................................................................................... 6 1.2. Guided reading according to the user profile and/or objectives .......................................... 7 2. COMMUNICATION WITH BANCO DE PORTUGAL .................................................................. 9 2.1. Representatives for statistics on external transactions and positions ................................. 9 2.2. Contacts with Banco de Portugal ....................................................................................... 9 3. GENERIC CONCEPTS ..............................................................................................................10 3.1. External statistics ..............................................................................................................10 3.2. Residence ........................................................................................................................10 3.3. Transaction and position ...................................................................................................11 3.4. The viewpoint of reporting .................................................................................................11 3.5. Reference date .................................................................................................................11 3.6. Time of recording ..............................................................................................................11 3.7. Valuation ..........................................................................................................................12 4. INFORMATION TO BE REPORTED .........................................................................................13 4.1. COPE – Communication of external transactions and positions........................................13 4.2. COL – Communication of settlement transactions ............................................................21 5. QUALITY CONTROL AND CORRECTION OF INFORMATION ................................................24 5.1. Brief description of the quality control process ..................................................................24 5.2. Automatic response file sent by Banco de Portugal ...........................................................24 5.3. Data file validation .............................................................................................................26 5.4. Validation of COPE and COL records................................................................................27 5.5. Comparison between COL and COPE ..............................................................................31 5.6. Other quality tests .............................................................................................................31 5.7. Correction of information ...................................................................................................31 6. SPECIFICATIONS FOR TRANSMISSION OF INFORMATION .................................................33 6.1. How to submit information .................................................................................................33 6.2. Format and structure of report files ....................................................................................33 6.2.1 File naming ..............................................................................................................34 6.2.2. Structure ..................................................................................................................34 6.2.2.1. Control information ..................................................................................................34 6.2.2.2. Reporting information ...............................................................................................35 6.3. Feedback files .................................................................................................................39 Version 3.0 | March 2018 3 STATISTICS ON EXTERNAL TRANSACTIONS AND POSITIONS 6.3.1 Format and structure of feedback files .....................................................................39 6.3.2 Structure of feedback files .......................................................................................39 6.3.2.1. Control section .........................................................................................................39 6.3.2.2. Result section ...........................................................................................................40 6.3.2.3. COPE and COL sections ..........................................................................................41 7. INFORMATION BREAKDOWN TABLES ..................................................................................43 7.1 Statistical classification codes ......................................................................................43 7.1.1 Composition of the code ..........................................................................................43 7.1.2 Table of statistical classification codes .....................................................................46 7.1.3 Description of the statistical classification codes ......................................................58 7.2. Table of territories ........................................................................................................... 107 7.3. Table of currencies ......................................................................................................... 108 7.4. Table of financial institutions ........................................................................................... 108 8. SPECIFIC GUIDELINES .......................................................................................................... 110 8.1 Airlines ............................................................................................................................ 110 8.1.1 Counters, branches or agents in Portugal of airlines with parent company abroad . 110 8.1.2 Airlines with parent company in Portugal ............................................................... 111 8.2. Hotels and other resorts .................................................................................................. 114 8.3. Travel agencies and tour operators ................................................................................. 116 8.4. Restaurants and other retail outlets ................................................................................. 119 8.5. Construction enterprises ................................................................................................. 120 8.5.1 Occasional construction services ........................................................................... 120 8.5.2 Permanent construction services ........................................................................... 120 8.6. Forwarders ..................................................................................................................... 123 8.7. Investment funds and pension funds, and management companies ................................ 125 8.7.1 Representativity ..................................................................................................... 125 8.7.2 Specific fields ......................................................................................................... 125 8.8. Factoring transactions ..................................................................................................... 127 8.8.1 Reporting from the viewpoint of the adherent residing in Portugal .......................... 127 8.8.2 Reporting from the viewpoint of the customer residing in Portugal (debtor) ............ 129 8.8.3 Reporting from the viewpoint of the factor residing in Portugal ............................... 129 8.9. Confirming transactions .................................................................................................. 132 8.9.1 Reporting from the viewpoint of the supplier residing in Portugal ............................ 132 8.9.2 Reporting from the viewpoint of customer residing in Portugal (debtor) .................. 132 8.9.3 Reporting from the viewpoint of the factor residing in Portugal ............................... 133 8.10. Cash pooling ................................................................................................................... 135 Version 3.0 | March 2018 4 STATISTICS ON EXTERNAL TRANSACTIONS AND POSITIONS ANNEX 1 – XML SCHEMA OF THE REPORT FILE .................................................................... 136 ANNEX 2 – XML SCHEMA OF THE RESPONSE FILE SENT BY BANCO DE PORTUGAL ....... 139 ANNEX 3 – USE OF THE AUXILIARY FILE TO CREATE THE XML FILE .................................. 141 ANNEX 4 – LINK TO THE CHART OF ACCOUNTS .................................................................... 145 ANNEX 5 – MAIN CHANGES FROM THE PREVIOUS VERSION ............................................... 150 Version 3.0 | March 2018 5 STATISTICS ON EXTERNAL TRANSACTIONS AND POSITIONS 1. INTRODUCTION The purpose of this Manual of Procedures is to specify the reporting requirements in Instruction