The Central Bank of Brazil and the National Monetary Council have issued new rules that add Open Finance as a channel for transferring (porting) credit operations, while keeping the existing portability process based on an electronic information-exchange system. Under the framework set by Joint Resolution 15 and National Monetary Council Resolution 5,265/2025, Open Finance-based portability is designed to use standardized and fully digital data sharing, enabling customers to initiate the process via smartphone, avoid document collection and branch visits, and track progress through their institution’s app. The rules also set a three-business-day timeframe for credit portability via Open Finance. Implementation will start with unsecured, non-payroll-deducted personal credit, which is expected to be available for testing from February 2026. Next, the Central Bank of Brazil plans to discuss portability for payroll-deducted loans, initially for federal public servants, with availability expected in November 2026, followed by consideration of other credit modalities.
Central Bank of Brazil 2026-01-05
Central Bank of Brazil and National Monetary Council allow credit portability through Open Finance with a three-business-day deadline
The Central Bank of Brazil and the National Monetary Council have introduced rules under Joint Resolution 15 and National Monetary Council Resolution 5,265/2025 to facilitate credit operation transfers via Open Finance, allowing customers to use digital data sharing for credit portability within three business days. Implementation begins with unsecured personal credit in February 2026, with plans to extend to payroll-deducted loans for federal public servants by November 2026.