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2023-03-02 | Resolução BCB 297

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Resolution BCB No. 297 — Regulates the transfer of funds via Credit Document (DOC) and Special Credit Transfer (TEC)

Resolution BCB No. 297 regulates the transfer of funds using the Credit Document (DOC) and Special Credit Transfer (TEC) instruments, defining the roles of senders, receiving institutions, and beneficiaries. It mandates that interbank settlement for TECs occur on the same day as the debit, while DOCs are settled on the next business day, with funds credited to beneficiaries within sixty minutes of settlement. The resolution establishes a maximum transaction value of R$4,999.99 for both instruments, specifies minimum data requirements, and outlines procedures for returns and irregularities. It repeals previous circulars and resolutions governing these transfers and enters into force on April 3, 2023.

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Resolution BCB No. 297, of March 2, 2023

Regulates the transfer of funds by means of Credit Document (DOC) and Special Credit Transfer (TEC).

The Collegiate Board of the Central Bank of Brazil, in a session held on March 2, 2023, based on arts. 11, item VI, of Law No. 4.595, of December 31, 1964, 10 of Law No. 10.214, of March 27, 2001, and 12 of Resolution CMN No. 4.952, of September 30, 2021,

RESOLVES:

CHAPTER I
OBJECT AND SCOPE OF APPLICATION

Art. 1. This Resolution regulates the transfer of funds by means of Credit Document (DOC) and Special Credit Transfer (TEC).

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Lineage: In force

Lei n.º 4.595, de 31 de dezembr…1964Law No. 10.214 dated 2001-03-27not in RegAlertResolution BCB No. 256 — Regula…2022Circular Letter No. 3.173 dated…not in RegAlertCircular No. 3.224 dated 2004-0…not in RegAlertCircular No. 3.335 dated 2006-1…not in RegAlertResolution BCB No. 297 —Regulates the transfer of fun…2023-03-02 · this document
amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Timeline

This document amends: Resolution BCB No. 256 — Regulates the Available Electronic Transfer (TED)

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

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