Resolução BCB nº 246 — Establishes maximum limits for interchange fees and prohibits different maximum deadlines for fund availability for the receiving end user in domestic, purchase, prepaid payment account, and deposit payment arrangements

The resolution establishes maximum interchange fee limits of 0.5% for deposit account arrangements and 0.7% for prepaid payment account arrangements. It prohibits payment arrangement issuers from setting different maximum deadlines for the availability of funds to the receiving end user across these arrangements. Payment arrangement regulations must be updated to comply with these rules, with changes communicated to the Central Bank within 60 days. The regulation repeals Circulars 3.887/2018, 4.020/2020, and Circular Letter 3.917/2018, with compliance deadlines set for November 1, 2022, and April 1, 2023.

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RESOLUTION
BCB NO. 246, OF SEPTEMBER 26, 2022

Establishes maximum limits for the interchange fee and prohibits the establishment of different maximum deadlines for the availability of resources for the receiving end user in payment arrangements domestic, purchase, prepaid payment accounts and deposit and gives other provisions.

The Collegiate Board of the Central Bank of Brazil, in a session held on September 22, 2022, based on the provisions of Arts. 7, items II and IV, 9, items I, IX, X and XIII, and 15 of Law No. 12,865, of October 9, 2013, and having in view Art. 3, items III and V, of Resolution No. 4,282, of November 4 2013,

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Lineage: In force

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Timeline

This document amends: BCB Resolution No. 150 — Consolidates rules on payment arrangements, approves the regulation governing payment services within the Brazilian Payments System (SPB)

This document supersedes: Circular No. 4020 — Waiver of prior authorization from the Central Bank of Brazil for changes to payment arrangement regulations to enable transactions related to digital social savings accounts

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