NORMATIVE INSTRUCTION BCB NO. 171, OF OCTOBER 11, 2021

Discloses operational limits and deadlines for the phased and efficient launch of interfaces dedicated to sharing the Pix payment transaction initiation service in Open Banking.

The Heads of the Financial System Regulation Department (Denor), the Information Technology Department (Deinf), and the Banking Supervision Department (Desup), in the exercise of the powers conferred upon them by Arts. 23, item I, letter "a", 62, item IV, 81, item VI, and 116, item I, letter "b", of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, based on Art. 2, §§ 1 and 2, of BCB Resolution No. 109, of June 24, 2021,

RESOLVE:

Art. 1 This Normative Instruction discloses operational limits and deadlines for the phased and efficient launch of interfaces dedicated to sharing between participating institutions specified in Art. 6 of Joint Resolution No. 1, of May 4, 2020, of the Pix payment transaction initiation service, as provided for in Art. 6, item IV, of Circular No. 4,015, of May 4, 2020, in Open Banking.

Sole Paragraph. The information regarding the limits and deadlines referred to in the caput must be available on the Open Banking page on the internet website of the Central Bank of Brazil and on the Open Banking Portal of Brazil, maintained by the Structure Responsible for the Governance of Open Banking as provided for in Art. 44, § 1, of Joint Resolution No. 1, of 2020.

Art. 2 Participating institutions must implement the phased and efficient launch of APIs for the purpose of sharing the Pix payment transaction initiation service as provided for in Art. 6, item IV, of Circular No. 4,015, of 2020.

§ 1 The phased and efficient launch referred to in the caput must be carried out in four cycles, based on the following uniform deadlines and criteria, applicable to all participating institutions:

I - 1st cycle, to be carried out between October 29, 2021, and November 14, 2021:

a) availability of APIs and resources necessary for the creation, consultation, and revocation of consent, as well as for the sharing of the Pix arrangement payment transaction initiation service, using the following mechanisms:

1. initiation by Pix key, as provided for in Art. 12, item I, of the Regulation Annexed to BCB Resolution No. 1, of August 12, 2020;

2. initiation by manual data entry, as provided for in Art. 5, item I, of the Regulation Annexed to BCB Resolution No. 1, of 2020; and

3. initiation in cases where the participant has all the information of the receiving user, as provided for in Art. 12, item IV, of the Regulation Annexed to BCB Resolution No. 1, of 2020;

b) restriction of availability for sharing to a base of clients previously selected by the account-holding institution;

c) definition of an operating regime between 6 a.m. and 8 p.m., on business days;

d) establishment of a maximum limit of R$1,000.00 (one thousand reais) per transaction, observing the limits defined in specific regulation; and

e) restriction of the payment transaction initiation service to the sharing session executed on the same mobile phone device;

II - 2nd cycle, to be carried out between November 15, 2021, and November 30, 2021:

a) availability of APIs and resources necessary for the creation, consultation, and revocation of consent, as well as for the sharing of the Pix arrangement payment transaction initiation service, using the following mechanisms:

1. initiation by Pix key, as provided for in Art. 12, item I, of the Regulation Annexed to BCB Resolution No. 1, of 2020;

2. initiation by manual data entry, as provided for in Art. 5, item I, of the Regulation Annexed to BCB Resolution No. 1, of 2020; and

3. initiation in cases where the participant has all the information of the receiving user, as provided for in Art. 12, item IV, of the Regulation Annexed to BCB Resolution No. 1, of 2020;

b) limitation of the quantity of valid consents related to the sharing of the payment transaction initiation service to the order of up to 1% of natural persons and up to 1% of legal entities, calculated from the client base of the account-holding institution;

c) definition of an operating regime for the periods:

1. between 6 a.m. and 8 p.m., on business days, except Thursdays and Fridays; and

2. 24 hours a day, on Thursdays and Fridays;

d) establishment of a maximum limit of R$1,000.00 (one thousand reais) per transaction, observing the limits defined in specific regulation; and

e) restriction of the payment transaction initiation service to the sharing session executed on the same mobile phone device;

III - 3rd cycle, to be carried out between December 1, 2021, and January 31, 2022:

a) availability of APIs and resources necessary for the creation, consultation, and revocation of consent, as well as for the sharing of the Pix arrangement payment transaction initiation service, using the following mechanisms:

1. initiation by Pix key, as provided for in Art. 12, item I, of the Regulation Annexed to BCB Resolution No. 1, of 2020;

2. initiation by manual data entry, as provided for in Art. 5, item I, of the Regulation Annexed to BCB Resolution No. 1, of 2020;

3. initiation in cases where the participant has all the information of the receiving user, as provided for in Art. 12, item IV, of the Regulation Annexed to BCB Resolution No. 1, of 2020; and

4. initiation by dynamic QR Code and static QR Code, as provided for in Art. 12, items II and III, of the Regulation Annexed to BCB Resolution No. 1, of 2020;

b) availability of the sharing of the payment transaction initiation service to the entire client base of the account-holding institution;

c) operating regime of 24 hours a day on all days of the week;

d) establishment of a maximum limit of R$1,000.00 (one thousand reais) per transaction, observing the limits defined in specific regulation; and

e) restriction of the payment transaction initiation service to the sharing session executed on the same mobile phone device or computer; and

IV - 4th cycle, to be carried out between February 1, 2022, and February 17, 2022:

a) availability of APIs and resources necessary for the creation, consultation, and revocation of consent, as well as for the sharing of the Pix arrangement payment transaction initiation service, including Scheduled Pix, without recurrence, as provided for in Arts. 8 to 10 of the Regulation Annexed to BCB Resolution No. 1, of 2020, using the following mechanisms:

1. initiation by Pix key, as provided for in Art. 12, item I, of the Regulation Annexed to BCB Resolution No. 1, of 2020;

2. initiation by manual data entry, as provided for in Art. 5, item I, of the Regulation Annexed to BCB Resolution No. 1, of 2020;

3. initiation in cases where the participant has all the information of the receiving user, as provided for in Art. 12, item IV, of the Regulation Annexed to BCB Resolution No. 1, of 2020; and

4. initiation by dynamic QR Code and static QR Code, as provided for in Art. 12, items II and III, of the Regulation Annexed to BCB Resolution No. 1, of 2020;

b) availability of the sharing of the payment transaction initiation service to the entire client base of the account-holding institution;

c) operating regime of 24 hours a day on all days of the week;

d) transactions of any value, observing the limits defined in specific regulation; and

e) restriction of the payment transaction initiation service to the sharing session executed on the same mobile phone device or computer.

§ 2 After the end of the 4th cycle referred to in item IV of § 1, participating institutions must allow the sharing session of the payment transaction initiation service to be executed on distinct devices.

Art. 3 This Normative Instruction enters into force on the date of its publication.

João André Calvino Marques Pereira
Head of the Financial System Regulation Department

Caio Moreira Fernandes
Head of the Information Technology Department, substitute

Belline Santana
Head of the Banking Supervision Department