BCB Resolution No. 237 — Financial Movements for Electronic Currency Accounts and Payment Institution Participation in the STR

BCB Resolution No. 237 establishes the rules for the Electronic Currency Correspondent Account (CCME), defining its holders, operational messages, and mandatory return timelines for erroneous transfers. It grants payment institutions holding settlement accounts STR participation rights and mandates daily remuneration on their CCME balances based on the Selic rate, calculated via a specific formula effective July 3, 2023. The resolution also regulates access for non-STR participants via STR-Web or telephone contingency, imposing a fee of R$250.00 per request for the latter and requiring the designation of responsible managers.

BCB published 15 documents in the last 30 days — get each new one by email the day it lands.

BCB RESOLUTION NO. 237, OF AUGUST 24, 2022

Provides for the financial movements related to the maintenance, at the Central Bank of Brazil, of cash resources corresponding to the value of electronic currencies maintained in payment accounts and the participation of payment institutions in the Reserve Transfer System (STR).

The Collegiate Board of the Central Bank of Brazil, in a session held on August 24, 2022, based on arts. 14 and 15 of Law No. 12,865, of October 9, 2013, and arts. 8 and 12 of CMN Resolution No. 4,952, of September 30, 2021, and having in view the provisions of arts. 22 of BCB Resolution No. 80, of March 25, 2021, and 5 of BCB Resolution No. 150, of October 6, 2021,

Read the rest free, and get an email when BCB publishes again

Email me when BCB publishes something newOne email per publication, same day. Sign in below to keep reading.

Lineage: Amended

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Timeline

Amended 1 time · last 2023-03-16

2023-03-16BCBBCB Resolution No. 300 — Amends Resolution BCB No. 237 to regulate remuneration of the Electronic Currency Correspondent Account (CCME) balance for payment institutionsamends

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