RIO DE JANEIRO, BRAZIL - By October 4, financial institutions will be required to set a limit of R$1,000 (US$189) for transfers and payments made by individuals between 8 PM and 6 AM.
The starting date for restrictions was passed on Thursday, September 23, by the Central Bank (BC).
Companies will not be affected by the measure. The limit on transactions by indiidualshad been announced in August by the Central Bank to Subscribe to our Premium Membership Plan. Already Subscribed? Login Here