Comment by Cthulhu_
7 months ago
Is this transaction time down to the two banks using different systems? I do vaguely recall that banks exchange a day's worth of transactions in nightly batches. Whereas a centralized system means everyone uses the same.
I wouldn't object to standardized banking software in that case.
Yep, that's the whole point. Pix transactions are designed to be instantly settled, even across different banks. The central government bank enforces this, as well as other rules (e.g. Pix between two individuals can't have fees, etc).