RegAlert2022-07-27 | Resolução BCB 235Added
BCB Resolution No. 235 Amending the Regulation of the Instant Payment System (SPI) and Instant Payment Account (Conta PI)
BCB Resolution No. 235 introduces Article 23-A and Article 24-A to the regulation of the Instant Payment System, mandating that daily balances in Instant Payment Accounts (Conta PI) held by authorized institutions earn remuneration based on the Selic rate. The remuneration is calculated using a specific formula and is credited to the account by 16:30 on the following business day. The amount of the balance eligible for this remuneration is capped at the greater of R$250 million or 25% of electronic money settlement balances plus 10% of the average Daily Value Subject to Compulsory Deposit.
BCB published 15 documents in the last 30 days — get each new one by email the day it lands.
Resolution No. 235
BCB RESOLUTION NO. 235, OF JULY 27, 2022
Amends the Regulation annexed to BCB Resolution No. 195, of March 3, 2022, which regulates the operation of the Instant Payment System (SPI) and the Instant Payment Account (Conta PI) at the Central Bank of Brazil.
The Collegiate Board of the
Central Bank of Brazil, in a session held on July 27, 2022, based on art. 10, item IV, of Law No. 4.595, of December 31, 1964, in arts. 9, 14 and 15 of Law No. 12.865, of October 9, 2013, and in Law No. 14.185, of July 14, 2021,
Read the rest free, and get an email when BCB publishes again
Lineage: In force
Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from BCB
BCB published 15 documents in the last 30 days. We email you each new one the day it's published.