Brazil - Sistema de Pagamentos Brasileiro (Brazilian Payment System) 2002 https://www.bcb.gov.br/en/financialstability/paymentsystem https://www.bcb.gov.br/en/

Brazil - Sistema de Pagamentos Brasileiro (Brazilian Payment System) 2002 https://www.bcb.gov.br/en/financialstability/paymentsystem https://www.bcb.gov.br/en/financialstability/paymentsystem > Guidelines for the Brazilian Instant Payments Ecosystem: The Brazilian instant payments ecosystem will have a flexible and open participation structure and will be similar to the existing interbank electronic funds transfer (TED)—with greater availability, speed, and simpler addressing of payments. The transactions will be performed in a simple and fast way to different beneficiaries. Moreover, the BCB (Brazilian Central Bank) will develop a single settlement infrastructure.