Ent Publicas

Bank Accounts and Services

For the purposes of centralizing funds in the State treasury, the IGCP provides banking services to the universe of public entities, its clients. It thus guides its activity towards the promotion of dematerialized services, based on the best banking practices, which dictate the preterition of payment methods in physical support, incompatible with the security, speed, and transparency required in its movement.

 

The IGCP, positioning itself as the bank of public entities, participates in interbank settlements of transfers, checks, and Multibanco, as well as in real-time payment systems developed and operated by the Eurosystem, which settle in central bank currency, to effect all payments and receipts of the State.

 

The banking services provided by the IGCP are, in some cases, developed in close partnership with public entities and adjusted to the reality of the budgetary rules to which they are subject.

 

The main platform for providing banking services to public entities, made available by the IGCP, is Internet Banking. This online service allows public entities to directly and autonomously manage the bank accounts they hold at the State Treasury.

 

 

Accounts
  • Public entities with a bank account opened at the IGCP: its users can manage it, using their respective access credentials to Internet Banking.
  • Public entities that are not yet clients of the State Treasury: under current legislation, they are obliged to comply with the rule of the unity of the State Treasury (UTE), so they must fill out a Client Form  and send it to the IGCP, as indicated in the respective Annex I (Filling Instructions).

 

Public entities may hold various types of bank accounts at the IGCP:

  • Current Accounts – These are bank accounts intended for conducting daily collection and payment transactions, autonomously managed by public entities;
  • Collateral Accounts or Security Deposit Accounts – there are two types:
  • Client Value Security Accounts in favor of Third Parties – these are bank accounts where security deposits of values from public entities are retained in favor of third parties (e.g., Courts). This bank account is only managed by the IGCP, according to the rules established in the respective Security Deposit Contract, concluded between the public entity, the third party, and the IGCP.
  • Third Party Value Security Accounts in favor of the Client – these are bank accounts where security deposits from third parties (for example, suppliers and contractors) are retained in favor of a specific public entity. This bank account is only managed by the IGCP, according to the respective Movement Conditions.
  • Assigned Accounts – These are bank accounts that only allow the execution of internal transfers within the State Treasury, that is, in favor of IBAN initialized by PT50 0781.
State Collection Network

With the publication of DL No. 191/99, of 5th of June, the State Collection Network (RCE) was created, to optimize the time of centralizing public funds in the State Treasury and to reduce operational costs associated with collecting revenue from public entities.

 

Under the aforementioned diploma, which approves the State Treasury regime (RTE), collection in the RCE is carried out through the use of the Unique Collection Document (DUC). The DUC is the title that expresses the monetary obligation arising from the relationship between the State and the debtor and titles the entry of funds into the State Treasury.

The RCE, in terms of the functions assigned to it, is managed by the IGCP.

 

Public entities that are legally required to comply with the unitary rule of the State Treasury (UTE) must use the RCE for the collection of their revenues, adopting the DUC as the payment reference and means of identifying debts to the State.

 

What is determined by the RTE is annually reinforced by the State Budget Law, for the integration of public entities into the RCE, with a view to receiving, accounting, and controlling their own revenues and general State revenues that they liquidate and collect.

In addition to public entities that administer revenues, the RCE includes a range of collecting entities that aims to be as inclusive as possible. Thus, the possibility of both physical and non-physical (online) payments is made available, with the aim of bringing the State closer to citizens and businesses, facilitating and accelerating the collection of public revenues.

 

The collecting entities that make up the State network are:

  • Banks (homebanking and branches);
  • CTT (stores and payshops);
  • SIBS (ATM and TPA).

 

In the short term, the implementation of the DUC in real-time is expected, allowing for more immediate liquidation and collection of State revenues.

 

In addition to the RCE collection service, the IGCP also provides other means of payment for collecting revenues, namely through:

  • Euro Transfers: national and from countries in the SEPA area
  • International Transfers: the IGCP provides external treasury services, allowing to receive from all parts of the world in various currencies;
  • Automatic payment terminals: fixed, mobile, and virtual (E-Commerce), and MVA (Automatic or Ticket Vending Machines).
Payments

For the execution of payments, the IGCP provides public entities, through Internet Banking, various payment methods, including:

  • Euro Transfers to countries in the SEPA area: to be executed individually or in bulk, by file;
  • International Transfers: the IGCP provides external treasury services, allowing to pay to all parts of the world in various currencies;
  • Payments to the State to public entities (AT, ADSE, CGA, IGFEJ,…) through the DUC payment reference;
  • SEPA direct debits: for the domiciliation of recurring payments, such as electricity, water, telecommunications, greenway, among others.
Cards

The IGCP, in partnership with UNICRE, has issued the IGCP Charge Card, branded “Tesouro Português”. The characteristics, associated banking services, and proposals for card adhesion can be consulted on the site: https://www.igcp.unibanco.pt/

The IGCP Charge Card is issued in the name of the holding entities, public entities subject to the State Treasury regime, to be used by users, collaborators of the entity, leaders or not, who have been given the authority to use it, to meet expenses provided for in the State Budget and subject to the rules governing public expenditure.

 

Usage locations

The IGCP Charge Card is a credit card that can be used at any Multibanco ATM, at automatic payment terminals (TPA) that accept multi-brand cards. It can also be used online, on the Unibanco website and App, and in virtual TPA (E-Commerce).

 

Types of cards

  • Base Version: specifically created for the management of petty cash funds (fixed cash funds) of public entities;
  • Plus Version: credit card for public entities;
  • Base Travel Version: exclusively intended for the payment of travel and accommodation, during the trips of representatives of public entities (version created following the publication of DL No. 30/2018, of May 7).

 

Associated banking services

Some of the main banking services associated with the IGCP Charge Card:

  • Cash withdrawals;
  • “Service payments”, with Multibanco reference;
  • Association of the Via Verde device to the card and payment of tolls;
  • Online purchases;
  • Mobile top-ups and transport tickets;
  • Execution of payments via Pay Pal.

 

Movement and balance consultation

For reasons of transparency and control of public funds, the IGCP provides, through Unibanco, a dedicated website for the holding entity and card user to daily see where and how the cards are being used. The user can also consult the movements and balance of the respective card through the Unibanco app.

Financial applications

The IGCP provides public entities with two public debt financial products, where their funds and treasury surpluses can be optimized:

Pricing

The banking services offered by the IGCP are, in principle, free except for specific situations identified in the Pricing document.