Normative Instruction BCB No. 199 — Establishes Operational Procedures for Charging and Reimbursing Operational Costs for Pix Transactions for Withdrawal or Change

NORMATIVE INSTRUCTION BCB NO.
199, OF DECEMBER 9, 2021

Establishes the operational procedures for charging and effecting the reimbursement of operational costs for each Pix transaction with the purpose of withdrawal or change.

The Head of the Department of Competition and Financial Market Structure (Decem) and the Head of the Department of Banking Operations and Payment Systems (Deban), in the exercise of the powers conferred upon them, respectively, by Article 97-A, item X, and Article 111, item V, of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, and taking into account the provisions of § 6 of Article 96-B of the Regulation annexed to BCB Resolution No. 1, of August 12, 2020,

R E S O L V E:

Article 1. The charging of reimbursement for operational costs for each Pix transaction with the purpose of withdrawal or change shall be operationalized by the Central Bank of Brazil based on the information contained in the instant payment orders settled in the Instant Payment System (SPI).

§ 1. The charge referred to in the caput shall be effected monthly and shall consider all Pix transactions with the purpose of withdrawal or change settled in the SPI and carried out in the month immediately preceding the month of the charge.

§ 2. The Central Bank of Brazil shall make available by the fifth useful day of each month:

I - a file with information regarding Pix transactions with the purpose of withdrawal or change settled in the SPI in which the direct participant of the SPI requesting the file acts as:

a) payment service provider for the payer user;

b) payment service provider for the payee user;

c) withdrawal service facilitator;

d) liquidator of the payment service provider for the payer user;

e) liquidator of the payment service provider for the payee user;

f) liquidator of the withdrawal service facilitator;

II - a file with the net debtor or creditor position of the direct participant of the SPI requesting the file in relation to each of the other direct participants of the SPI.

§ 3. Each of the files referred to in § 2 shall be made available only to the direct participants of the SPI, upon request made by the participant through the camt.060 message, responded to by means of the camt.052 message, observing the formats, standards, and specifications contained in the SFN Services Catalog.

Article 2. The direct participant of the SPI is responsible for calculating the net position of each of the indirect participants of the SPI for whom it provides liquidation services, in relation to:

I - itself;

II - Pix transactions with the purpose of withdrawal or change carried out with the other indirect participants of the SPI for whom it provides liquidation services.

Sole paragraph. The net position referred to in the caput must:

I - be calculated monthly;

II - consider Pix transactions with the purpose of withdrawal or change settled in the systems of the direct participant of the SPI itself and involving a withdrawal service facilitator that uses the liquidation service of this direct participant of the SPI, settled in the month immediately preceding the month of calculation of the net position, when it concerns a singular credit cooperative and the central credit cooperative or the multiple cooperative bank to which it is affiliated. (Amended, effective July 1, 2026, by BCB Normative Instruction No. 728, of April 27, 2026.)

III - be sent by the direct participant of the SPI to each of the indirect participants of the SPI for whom it provides liquidation services by the eighth useful day of the month in which the calculation was performed.

Article 3. The payment of the net positions referred to in item II of § 2 of Article 1 shall be made by means of Available Electronic Transfer (TED).

§ 1. The direct participants of the SPI must reimburse the operational costs of each of the other direct participants of the SPI whenever their net position is debtor in relation to each of them, in the amount corresponding to that specified in the file referred to in item II of § 2 of Article 1.

§ 2. The reimbursement referred to in the caput must be effected:

I - by the tenth useful day of each month, regarding transactions carried out in the immediately preceding month;

II - by means of a message from the STR Services Group, or from the PAG Services Group, as applicable, instructed with a specific purpose, in accordance with the SFN Services Catalog, observing the following:

a) when both direct participants of the SPI involved in the reimbursement are participants of the STR, the STR0004 message - IF requests Transfer to IF shall be used;

b) when the direct participant of the SPI that will effect the reimbursement is a participant of the STR, but the direct participant of the SPI that will be reimbursed is not a participant of the STR, the STR0007 message - IF requests Transfer from IF to client account shall be used;

c) when the direct participant of the SPI that will effect the reimbursement is not a participant of the STR, but the direct participant of the SPI that will be reimbursed is a participant of the STR, the STR0006 message - IF requests Transfer from client to IF or the PAG0142 message - IF requests Transfer of client resources to IF by account of retail operation shall be used; and

d) when neither of the direct participants of the SPI involved in the reimbursement are participants of the STR, the STR0008 message - IF requests Transfer between client accounts or the PAG0108 message - IF requests Transfer of resources between client accounts shall be used.

Article 4. The reimbursement of operational costs for each Pix transaction with the purpose of withdrawal or change settled in the systems of the direct participants of the SPI and involving a withdrawal service facilitator that uses the liquidation service of this direct participant of the SPI must be effected by the tenth useful day of each month, regarding transactions carried out in the immediately preceding month, when it concerns a singular credit cooperative and the central credit cooperative or the multiple cooperative bank to which it is affiliated. (Amended, effective July 1, 2026, by BCB Normative Instruction No. 728, of April 27, 2026.)

Sole paragraph. The operational procedures for the reimbursement referred to in the caput must be freely established between the parties in the liquidation service provision contract between the singular credit cooperative and the central credit cooperative or the multiple cooperative bank to which it is affiliated. (Amended, effective July 1, 2026, by BCB Normative Instruction No. 728, of April 27, 2026.)

Article 5. The withdrawal service facilitator must distribute the share due to the withdrawal agent regarding the availability of Pix Withdrawal and/or Pix Change referred to in § 5 of Article 96-B of the Regulation annexed to BCB Resolution No. 1 (Pix Regulation), of August 12, 2020, by the fifteenth useful day of each month, regarding Pix transactions with the purpose of withdrawal or change occurring in the immediately preceding month.

Sole paragraph. The operational procedures for the distribution referred to in the caput must follow the provisions of the contractual relationship between the withdrawal service facilitator and the withdrawal agent, as provided in § 1 of Article 11-L of the Pix Regulation.

Article 6. The failure to effect the reimbursement of operational costs for each Pix transaction with the purpose of withdrawal or change within the deadlines established in Articles 3, 4, and 5 shall result in a late fee of 2% (two percent) and late interest of 1% (one percent) per month, applied to the debtor positions of the Pix participant who caused the delay.

§ 1. The charging for the failure to effect the reimbursement of operational costs shall be the responsibility of the creditor Pix participant.

§ 2. The failure to effect the reimbursement of operational costs in a given month does not affect the charging and payment procedures regarding subsequent months.

Article 7. The direct participant of the SPI may request a review of the charged amount, referred to in § 1 of Article 1, by presenting a reasoned request to Decem, via the address estatisticas.spb@bcb.gov.br.

Article 8. The following are revoked:

I - BCB Normative Instruction No. 151, of September 3, 2021; and

II - BCB Normative Instruction No. 189, of November 26, 2021.

Article 9. This Normative Instruction enters into force on the date of its publication.

Angelo José Mont Alverne Duarte
Rogério Antônio Lucca

Head of the Department of Competition and Financial Market Structure Head of the Department of Banking Operations and Payment Systems