STR

E806349

STR is Brazil’s real-time gross settlement system used by financial institutions to process and settle large-value interbank payments securely and efficiently.

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Statements (46)

Predicate Object
instanceOf payment system
real-time gross settlement system
accessType direct participation for eligible institutions
acronym STR
availability business days
country Brazil
currency Brazilian real NERFINISHED
currencyCode BRL
efficiencyObjective efficient settlement of interbank payments
fullName Sistema de Transferência de Reservas
geographicalScope national
integration other Brazilian financial market infrastructures
legalFramework Brazilian payment system regulations
operatedBy Banco Central do Brasil NERFINISHED
operatorType central bank
owner Banco Central do Brasil NERFINISHED
ownership public
participants banks
other financial institutions
paymentType high-value payments
time-critical wholesale payments
primaryFunction large-value interbank payment settlement
settlement of interbank obligations
processingMode gross settlement
real-time
regulator Banco Central do Brasil NERFINISHED
riskManagementObjective reduce settlement risk
reduce systemic risk
roleInSystem core payment system in Brazilian financial infrastructure
sector financial sector
securityObjective secure processing of large-value payments
settlementAsset central bank money
settlementBasis transaction-by-transaction
settlementFinality irrevocable and unconditional
settlementMechanism debit and credit of reserve accounts at the central bank
settlementType real-time gross settlement
supports Brazilian payment system (SPB) NERFINISHED
financial market infrastructure settlement
implementation of monetary policy operations by the central bank
interbank transfers
large-value payments
liquidity management for participants
monetary policy operations
time-critical payments
systemType wholesale payment system
technologyRole electronic funds transfer platform

Referenced by (1)

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

Brazilian Payment System (SPB) component STR
subject surface form: Brazilian Payment System