BCB Resolution No. 524 — 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

BCB RESOLUTION NO. 524, OF NOVEMBER 18, 2025

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 November 17, 2025, based on art. 10, caput, item IV, of Law No. 4.595, of December 31, 1964, on art. 10 of Law No. 10.214, of March 27, 2001, on arts. 7, 9, 10, 14 and 15 of Law No. 12.865, of October 9, 2013, on Resolution No. 4.282, of November 4, 2013, and on arts. 8 and 12 of CMN Resolution No. 4.952, of September 30, 2021,

R E S O L V E S:

Art. 1. The regulation annexed to BCB Resolution No. 195, of March 3, 2022, published in the Official Gazette of the Union on March 7, 2022, shall enter into force with the following changes:

“Art. 7-A. The Central Bank of Brazil makes available to direct participants of the SPI, the SPI module of the SPB-Web for the consultation of information and registration of commands regarding operational parameters in the SPI and to the management of the Instant Payment Account (Conta PI) under their ownership.

§ 1. The use of the SPI module of the SPB-Web may only be made by an operator specially accredited by the institution for this purpose.

§ 2. The security requirements and the manner of use of the SPI module of the SPB-Web are described in the Manual of the SPI module of the SPB-Web, available on the website of the Central Bank of Brazil.” (NR)

“Art. 16. ..................................................................................................................................

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§ 1-A. Without prejudice to the provisions of § 1, the direct participant of the SPI may, through access to the SPI module of the SPB-Web, referred to in art. 7-A of this regulation:

I - obtain information on the current balance of the Instant Payment Account (Conta PI) under their ownership, referring to the moment of the last update of this information by the SPI; and

II - submit commands regarding operational parameters in the SPI and the management of their Instant Payment Account (Conta PI).

.......................................................................................................................................” (NR)

“Art. 18. ..................................................................................................................................

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III - promote the adequate management of their Instant Payment Account (Conta PI), twenty-four hours a day and on all days of the year, adopting, at a minimum, the following measures:

a) the maintenance of financial resources necessary to support the settlement of credit orders, including for indirect participants for whom they act as a clearing agent;

b) the adoption of own mechanisms to identify, in real time and based on historical and behavioral patterns, atypical or potentially fraudulent movements in their Instant Payment Account (Conta PI), evaluating deviations from expected parameters and interrupting the processing of transactions in case of suspicion of compromise of their systems;

c) the monitoring of communications regarding atypical movements and reaching of minimum balance in the Instant Payment Account (Conta PI) issued by the Central Bank of Brazil; and

d) without prejudice to the actions they adopt in their own computational environment, the timely activation, in the SPI module of the SPB-Web, referred to in art. 7-A of this regulation, of the manual block or the manual unblock of issuance of instant payment orders from their Instant Payment Account (Conta PI), as the case may be, when the assessment of the scenario made by the institution so justifies;

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VII - configure, in the SPI module of the SPB-Web, referred to in art. 7-A of this regulation:

a) the minimum balance value in their
Instant Payment Account (Conta PI), for the purpose of sending communication of reaching minimum balance; and

b) the degree of intensity for the issuance of communications regarding atypical movements in the Instant Payment Account (Conta PI) by the Central Bank of Brazil.

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§ 4. From the block referred to in item
III, letter “d”, of the caput, the instant payment orders submitted by the participant to the SPI and not yet settled shall be rejected by the system.

§ 5. The block referred to in item III, letter “d”, of the caput, does not inhibit:

I - the receipt of payments destined to credit the Instant Payment Account (Conta PI) of the participant;

II - the financial movements related to the mechanisms for providing liquidity in the Instant Payment Account (Conta PI), provided for in art. 44, caput, items I to III, of this regulation; and

III - the consultations to the balances and to the transactions of the Instant Payment Account (Conta PI).

§ 6. The manual unblock command effected by the participant in the SPI module of the SPB-Web, referred to in item III, letter “d”, of the caput, does not produce effects on the Instant Payment Account (Conta PI) of the participant reached by the suspensions provided for in arts. 25, 26 and 27 of this regulation.” (NR)

Art. 2. This
Resolution enters into force on December 1, 2025.

NILTON JOSÉ SCHNEIDER DAVID

Director of Monetary Policy