On Mar. 28, 2025, BRZ CB has published Instruction 599 to amend Instruction 524.
Set the submission of document code 4111, daily accounting balances by payment institutions unauthorized, Pix participants or that are in the process of joining Pix.
Instruction 599 in force on the date of its publication, taking effect from Jul. 1, 2025.
On Sep. 18, BRZ CB established the procedures for daily reporting.
BRZ CB issued Instruction 524 to set procedures for submitting daily info re accounting balances of active and passive nature and financial volume of payment transactions.
Highlights
Apply to financial institutions and other institutions authorized by BRZ CB to operate.
Those issuing electronic money, classified in Segment 5 (S5) or have no classification in a prudential segment, must forward only info referred to in item V of Articles 6, 7.
Info in Art. 1 must be sent using document code 4111, Daily Accounting Balances.
Layout, filling instructions, and other information are available on BRZ CB website.
Document in Art. 2 must be sent daily, until the 3rd business day after the base date.
Institutions listed in Art. 1 that do not present daily accounting balances and financial volume of payment transactions are exempt from submitting document code 4111.
Institutions listed in Art. 3 must name employee responsible of answering questions.
The indications must be registered and updated in the Unicad System, see #221983.
Revocation
Revokes Instruction 354 of Feb. 16, 2023, see #102466.
Effectiveness
Instruction 524 shall come into force on Jan. 1, 2025.
On Dec. 20, 2024, BRZ CB has published Instruction 571 to amend Instruction 524.
Daily financial volume of payment transactions, accounting item 3.0.9.71.00.00-6.
This value considers payments, transfers, withdrawals of resources, despite existence of underlying obligations between payer and recipient, conducted during the month.
Instructions 571 shall come into force on Jan. 1, 2025.
Mar. 2025 BRZ CB Update
On Mar. 28, 2025, BRZ CB has published Instruction 599 to amend Instruction 524.
Set the submission of document code 4111, daily accounting balances by payment institutions unauthorized, Pix participants or that are in the process of joining Pix.
Instruction 599 in force on the date of its publication, taking effect from Jul. 1, 2025.
Regulators
BRZ CB
Entity Types
Bank; CU; Thrift
Reference
OG, 3/28/2025; Ins 599, 3/27/2025; Ins 571, 12/20/2024; Fom 4111, 9/26/2024; Ins 524, Rpl, 9/18/2024
