BRZ CB Dynamic Collection Slips

Published on: Apr 25, 2025

On Apr. 22, BRZ CB disclosed types of financial assets and schedule.

  • BRZ CB issued normative Instruction 611 in order to provide for the types of financial assets that are permitted to be linked to dynamic collection slips, see #236970.
  • Communication 43.090 disclosed form and deadline for sending the implementation schedule for the dynamic collection slip associated with the written duplicate.
  • Highlights
  • These financial assets that can be linked to dynamic collection slips are duplicates issued in written form, as referred to in Law 13.775, as well as real estate receivables.
  • Receivables from purchase and sale contracts or promise of purchase and sale.
  • With or without the issuance of a Real Estate Credit Note, entered into between a developer and a buyer or prospective buyer of an independent real estate unit or lot.
  • The schedule for implementing the dynamic collection slip must be agreed upon.
  • Between institution operating settlement system responsible for centralized payment slip database, operating asset's centralized accounting, registration, deposit systems.
  • Deadline
  • Implementation schedule must be emailed to corresponding Departments by May 30.
  • Effectiveness
  • Instruction 611 shall come into force on Apr. 30, 2025.
Regulators
BRZ CB
Entity Types
B/D; Bank; IA; Inv Co
Reference
Ins 611, Com 43.090, 4/22/2025
Functions
Financial; Operations; Reporting; Risk; Treasury
Countries
Brazil
Category
State
N/A
Products
Banking; Deposits; Forex; Fund Mgt; Payments
Rule Type
Final
Regions
Am
Rule Date
Apr 22, 2025
Effective Date
Apr 30, 2025
Rule ID
251597
Linked to
Reg. Last Update
Apr 22, 2025
Report Section
International