Registration of Mercantile Trade Bill

Optional

NoMe platform will validate electronic invoices given as collateral in registration of Mercantile Trade Bills.

To provide greater security to banks and trade bill underwriters, the NoMe platform will now validate electronic invoices (NF-e) given as collateral in the registration of Mercantile Trade Bill, a credit bond that represents a debt payment commitment between the parties involved in a mercantile purchase and sale contract.

The goal is to ensure the availability of collateral enabling its validation to be carried out before the trade bill is registered. In addition to this improvement, monitoring of invoices given as collateral will be implemented in the NoMe system.

Project Tags:

OTC

Completed

Receivables

Product benefits

Maior segurança

A validação da NF-e aumenta a segurança no registro da Duplicata Mercantil, uma vez que é feita em um momento anterior a esse registro.

Estímulo ao mercado

Ao trazer maior segurança às operações, incentivamos o desenvolvimento do mercado de crédito no Brasil.

Apoio na tomada de decisão

Garantindo a existência e a qualidade do lastro, a validação auxilia os participantes do mercado na tomada de decisão em suas operações de desconto e/ou garantia.

Trade Bill Validation Will Be Done before Its Registration

Besides the validation of trade bills, B3 will also implement rules to assess and monitor invoices given as collateral.

The trade bill validation functionality will be added to the credit rights module on the NoMe platform. Before registering any Mercantile Trade Bill, the system will make a query with the Brazilian Inland Revenue Office, which will return important data for decision making. The query is initiated through the NF-e Access Key, which is informed prior to registration. Based on the return, participants may choose the trade bills they wish to trade. These trade bills are then registered.

B3 began registering trade bills in 2019 by providing its infrastructure used in the registration of bonds, securities, derivatives and other instruments to the market. It also started to offer services such as cash settlement and custody position of registered trade bills. Therefore, B3 is helping boost the development of Brazil’s credit market, which has been undergoing several structural and legal changes.

The NoMe platform provides infrastructure to the OTC market and comprises registration, deposit, trading, and settlement activities, among others.