Brazilian Payment System (SPB)

E231034

The Brazilian Payment System (SPB) is the nationwide financial infrastructure that enables the clearing and settlement of payments, transfers, and other monetary transactions across Brazil’s banking and financial institutions.

All labels observed (3)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf financial market infrastructure
payment system
abbreviation SPB
component Brazilian Interbank Payment Chamber
Câmara Interbancária de Pagamentos
PIX instant payment system
STR
Sistema de Transferência de Reservas
deferred net settlement systems
foreign exchange settlement systems
securities settlement systems
country Brazil
covers banks operating in Brazil
non-bank financial institutions in Brazil
currency Brazilian real
currencyCode BRL
hasAcronym SPB
implements international principles for financial market infrastructures
payment system risk management standards
language Portuguese
legalFramework Brazilian financial system law
Central Bank of Brazil regulations
nativeName Sistema de Pagamentos Brasileiro
objective ensure safety of clearing and settlement
increase efficiency of payments in Brazil
reduce systemic risk in the Brazilian financial system
operationalModel net settlement for certain retail payments
real-time gross settlement for high-value payments
purpose clearing of financial transactions
processing of funds transfers
processing of payments
settlement of financial transactions
regionServed Brazilian territory
regulator Banco Central do Brasil
Central Bank of Brazil
relatedTo Brazilian banking system
Brazilian financial system
scope nationwide
supervisedBy Central Bank of Brazil
supports card payment clearing
credit transfers
debit transfers
foreign exchange transactions settlement
government payments
interbank transfers
large-value payments
retail payments
securities transactions settlement

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Central Bank of Brazil oversees Brazilian Payment System (SPB)
Brazilian Payment System nativeName Sistema de Pagamentos Brasileiro
subject linked to: Brazilian Payment System (SPB)
linked to: Brazilian Payment System (SPB)
Brazilian Payment System component Brazilian Interbank Payment Chamber
subject linked to: Brazilian Payment System (SPB)
linked to: Brazilian Payment System (SPB)