BCB Resolution No. 467 — Amends Resolution BCB No. 443 Regarding the Boleto Payment Arrangement

Resolution No. 467

RESOLUTION
BCB NO. 467, OF APRIL 30, 2025

Amends Resolution BCB No. 443, of December 12, 2024, which regulates the boleto payment arrangement, the species of the boleto instrument, its issuance and presentation forms, as well as the method of settlement of fund transfers associated with it.

The Collegiate Board of the Central Bank of Brazil, in a session held on April 30, 2025, based on arts. 9 and 11, caput, item VI, of Law No. 4.595, of December 31, 1964, in art. 10 of Law No. 10.214, of March 27, 2001, and in art. 9 of Law No. 12.865, of October 9, 2013, and having in view the provisions of arts. 4 and 12 of CMN Resolution No. 4.952, of September 30, 2021, in Resolution No. 4.557, of February 23, 2017, and in BCB Resolution No. 150, of October 6, 2021,

R E S O L V E :

Art. 1º Resolution BCB No. 443, of December 12, 2024, published in the Official Gazette of the Union on December 16, 2024, shall enter into force with the following alterations:

“Art. 20. ..................................................................................................................................

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§ 3º Modifications to the convention referred to in the caput, approved by a simple majority of votes of the structure responsible for the governance of the convention, must be submitted for approval by the Central Bank of Brazil.

§ 4º Changes to the convention referred to in the caput resulting from this Resolution must be submitted for approval by the Central Bank of Brazil within one hundred and fifty days, counting from the date of entry into force of this Resolution.” (NR)

“Art. 21. ..................................................................................................................................

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§ 1º The definition of the associations that will have a seat in the structure responsible for the governance of the convention, as well as the number of votes each will have, must be established considering the relative participation of each association representing the institutions participating in the boleto arrangement, based on the sum of the annual quantity of boletos issued or received by the institutions that are members of the specific association.

§ 2º The definition referred to in § 1º shall be:

I - initially established based on the quantity of boletos issued or received in the calendar year of 2024; and

II - revised at the end of each term of the associations in the structure responsible for the governance of the convention, based on the quantity of boletos issued or received in the calendar year prior to the deliberation.

§ 3º The number of votes that a single association may hold is limited to 50% (fifty percent) of the total, even if its relative participation in the boleto payment arrangement exceeds this percentage.

§ 4º The association that possesses, among its members, an institution that individually accounts for more than 90% (ninety percent) of the aggregated annual quantity of boletos issued or received by its members shall not participate in the governance structure referred to in the caput.

§ 5º It is permitted for more than one association representing the institutions participating in the boleto arrangement to share a seat with a vote, observing the rules agreed upon between the associations for the exercise of the vote.

§ 6º The Central Bank of Brazil shall publish:

I - the minimum percentage of representativeness used in the definition of the associations that will have votes in the structure responsible for the governance of the boleto convention;

II - the representative associations that are part of this structure; and

III - the number of votes of each of them.

§ 7º The governance structure referred to in the caput must establish rules regarding its organization and functioning, including regarding the term of the representative associations that compose it, the form of meeting and representation, among other aspects.” (NR)

Art. 2º The Central Bank of Brazil shall publish the funding model for the governance structure referred to in the caput of art. 21 of Resolution BCB No. 443, of December 12, 2024, to be defined within the scope of the convention by the representative associations that compose it.

Art. 3º This Resolution enters into force on the date of its publication.

GILNEU
FRANCISCO ASTOLFI VIVAN

Director of Regulation