Regulatory Alerts2026-03-24 | Instrução Normativa BCB 717Central Bank of Brazil Instruction Normative No. 717 — Procedures for Registering Value Transfers to International Organizations
The Central Bank of Brazil issued Instruction Normative No. 717 to establish mandatory procedures for Brazilian financial institutions to register value transfers destined for international organizations' accounts held at the central bank. The regulation requires the use of specific SLB messages, mandates that transactions be denominated in Brazilian reais with automatic conversion by the BCB, and restricts processing to business hours on business days. It also defines contingency protocols and provides an annex listing authorized international organizations and their corresponding codes.
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