How are Brazilian foreign exchange taxes (IOF) handled?

IOF taxes are automatically calculated and itemized via the quoting endpoint. For corporate payouts, the default IOF is 0.38%, and funds arrive directly in BRL net of statutory withholdings.

What is the maximum settlement latency during Brazilian banking holidays?

Pix is an immutable 24/7/365 central bank settlement rail. Transfers settle in under 18 seconds P99 regardless of weekends, Brazilian national holidays, or off-market hours.

USD to Brazil Pix Payouts API | Instant Cross-Border Clearing | GlobalPayment.live — GlobalPayment

Live Corridor Quoting Engine

LIVE FEED

YOU SEND (USD)

$USD

Platform Meta-Fee (0.15%):$7.5 USD

Guaranteed Exchange Rate:1 USD = 5.485 BRL

Clearing SLA Latency:< 18 seconds

RECIPIENT RECEIVES (BRL)

27,383.86BRL

No slippage guarantee. Quoted rate absorbed by GlobalPayment liquidity mesh.

90-Day Rolling Settlement Telemetry

Measured across production payout transactions clearing through Central Bank Pix:

P50 MEDIAN

P90 PERCENTILE

11s

P99 SLA

18s

Regulatory & Clearing Specifications

REGULATORY BODYBanco Central do Brasil (BACEN)

CLEARING PROTOCOLISO 20022 pacs.008

TRAVEL RULE STANDARDBCB Resolution 109 / IVMS 101

OPERATING HOURS24/7/365

TIER 1 KYC LIMIT$3,000 USD

MAX SINGLE TICKET$50,000 USD

Cross-Border Architecture for Brazil

1. Domestic Ingress via Central Bank Pix

Rather than routing funds through correspondent banking layers that siphon 2.5% to 4% in foreign nostro fees and take 3 days, GlobalPayment connects directly into Brazil's domestic central bank switch via Bitso LATAM Mesh. Funds are injected natively as clean domestic credits.

2. Automated Sanctions & Travel Rule (IVMS 101)

Every transaction undergoes real-time pre-flight AML screening in under 35 milliseconds. Travel Rule payloads conforming to IVMS 101 are generated and cryptographically attached to payments exceeding statutory thresholds, fully satisfying Banco Central do Brasil (BACEN) regulations.

3. Zero Nostro Pre-Funding & Bilateral Netting

Fintechs and PSPs integrate our API without locking millions in foreign currency nostro float. Payout balances are funded on-demand via wholesale stablecoin rails (USDC/EURC) or bilateral liquidity netting across 14 sovereign corridors.

Frequently Asked Questions — Brazil Payouts

GlobalPayment supports all four Pix key types: CPF (individual tax ID), CNPJ (corporate tax ID), registered email/phone, and random EVP (End-to-End Key). Direct branch and account routing is also supported for traditional TED/DOC fallbacks.