BRZ CB New Boleto Payment Slips


On Dec. 12, BRZ CB issued rules on payment slips.


  • BRZ CB issued Resolution 443 re payment slips (boletos), improving the existing rules.
  • Made several payment slip enhancements; allow payment via systems such as Pix.
  • New payment slip type called a dynamic payment slip (boleto dinâmico) is introduced.
  • Highlights
  • Pix payments includes specific QR code; combines security features that boletos have developed over the years with the speed, convenience, widespread acceptance of Pix.
  • Dynamic Payment Slip improves security for payments involving digital trade notes.
  • The Dynamic Payment slip is digitally linked to the instruments, BRZ CB authorized.
  • Digital systems needed to support these payment instruments are being developed.
  • Dynamic Payment slip is expected to be operational 6 months after systems approval.
  • Mandates stronger boleto system governance; ensure participation from stakeholders.
  • Requires creation of a fair, transparent pricing; operational cost model reimbursement.
  • Effectiveness
  • Resolution 443 re payment slip enhancements shall take effect on Feb. 3, 2025.

Regulators BRZ CB
Entity Types B/D; Bank; IA; Inv Co
Reference PR, Res 443, 12/12/2024;
Functions Financial; Operations; Reporting; Risk; Settlement; Treasury
Countries Brazil
Category
State
Products Banking; Deposits; Forex; Fund Mgt; Payments
Regions Am
Rule Type Final
Rule Date 12/12/2024
Effective Date 2/3/2025
Rule Id 236970
Linked to N/A
Reg. Last Update 12/12/2024
Report Section International

Last substantive update on 12/17/2024