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

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,

R E S O L V E :

Art. 1 This Resolution deals with the maximum limits for interchange fee and prohibits the establishment of different maximum deadlines for the availability of resources for free movement by the user final receiver of the payment transaction in payment arrangements classified as domestic, purchase, prepaid payment accounts and deposit, in the form of Annex I to Resolution BCB No. 150, of October 6, 2021.

Art. 2 For the purposes of this Resolution, interchange fee is considered:

I - remuneration, paid by the acquirer to the issuer of the instrument of payment, for a transaction established within the scope of the payment arrangement; and

II - any other form of remuneration of the issuer of the instrument of payment, established within the scope of the payment arrangement, with the objective or equivalent effect to that of the remuneration referred to in item I of the caput, whether it is paid directly by the creator of the payment arrangement, by the acquirer or by any other intermediary in the payment transaction.

Art. 3 In the payment arrangements referred to in the caput of Art. 1:

I - are established, for each of the modalities, the following maximum limits relating to the interchange fee:

a) 0.5% (five tenths percent), to be applied in any transaction, in arrangements classified as deposit accounts;and

b) 0.7% (seven tenths percent), to be applied in any transaction, in arrangements classified as prepaid payment accounts;

II - is prohibited for its creator to establish different maximum deadlines between the arrangements for the availability of resources for free movement by the receiving end user in payment transactions.

Art. 4 Are exempted from the request for authorization and from the respective prior consultation to the participants referred to in Arts. 20 and 28 of the
Annex I to Resolution BCB No. 150, of 2021, the
changes in the regulations of the payment arrangements necessary, exclusively, to comply with the provisions of this Resolution.

Sole Paragraph. The regulation changes referred to in the caput shall be communicated to the Central Bank of Brazil within 60 (sixty) days after the entry into force of this Resolution.

Art. 5 Are revoked:

I - Circular No. 3,887, of March 26, 2018;

II - Circular No. 4,020, of May 22, 2020; and

III - Circular
Letter No. 3,917, of November 20, 2018.

Art. 6 This Resolution enters into force:

I - on November 1, 2022, for the provisions of Art. 4 and item II of Art. 5; and

II - on April 1, 2023, for the other provisions of this Resolution.

Renato Dias de Brito Gomes
Director of Organization of the
Financial System and Resolution