The Central Bank of Brazil (BC) approved Resolution BCB No. 443, dated December 12, 2024, introducing significant changes to payment slips (boletos). The new regulation allows boletos to be paid through instruments such as Pix, using specific QR Codes. This measure combines the efficiency and convenience of Pix with the reliability and security of boletos, which are widely accepted in the market.
One of the key innovations introduced by the resolution is the creation of the dynamic boleto. This new model was designed to enhance security in transactions involving financial instruments, such as book-entry trade receivables. The dynamic boleto allows changes to the payee and receiving institution to be made automatically and linked to financial assets registered in systems authorized by the Central Bank. This functionality aims to ensure that payments are directed to the legitimate holder of the rights, protecting both the payer and the creditor against fraud and misappropriation.
Additionally, the regulation requires a more robust governance structure within the boleto payment arrangement, with broader participation from different sectors and the implementation of a pricing model that promotes fairness, transparency, and free competition.
The launch of the dynamic boleto is contingent on the Central Bank's approval of registration systems and must take place within six months of the validation of the first authorized system. The Resolution takes effect on February 3, 2025.
Source: Central Bank of Brazil
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