PIX Schedule – All Transfer Rules

PIX hours are a piece of information that raises doubts for many people.

This is due to the fact that this is a new method, which is quite different from the traditional bank transfer.

As a result, it is common for questions to arise about the rules, especially regarding the permitted time for transactions.

And, if you're going through these questions, don't worry, because in today's article we can help you.

That said, to learn everything about PIX rules, just check out the content below! 

What is Pix? Are there PIX business hours?

Pix is a new feature that has completely changed some practices in the financial market.

This is because, through Pix, customers have the possibility of making transactions free of charge.

Briefly explained, Pix is a free, instant money transfer method.

This means that with Pix you can transfer funds from your account without paying any fees.

Furthermore, the amount sent is deposited into the destination account almost instantly.

So, with this measure, the way of transferring money has completely changed.

Everything can be done much more simply, and without worrying about the dreaded bank fees.

And, best of all, PIX hours are 24 hours, meaning you can transfer at any time.

Currently, all banking institutions use Pix.

Additionally, Pix has also been accepted as a payment method, both online and in person.

This is because it is much more profitable for companies, which receive payment instantly and do not have to pay fees for machines or bills. 

Rules for using Pix 

In the previous topic, we were able to understand what Pix is, which certainly generates a lot of interest in the subject.

After all, getting rid of fees and not having to wait for a transfer to go through is amazing.

However, it's important to be aware of the PIX rules, as these are important for guiding the use of the feature.

Therefore, below we will look at some topics that will help you understand how Pix works in general.

This involves PIX hours, number of daily transactions, value limits, and much more! 

PIX time limit 

Pix was created to facilitate banking transactions.

And, this also involves PIX hours, which are usually 24 hours.

This ensures that you can make your transfers at any time, without any difficulties.

This feature is excellent for emergencies when you need to transfer funds quickly, even in the middle of the night.

Value limit 

As we've seen, PIX opening hours are a tremendous advantage, as you can make your transactions at any time.

However, it is important to note that there is a value limit for these transactions.

This limit is set by the Central Bank, and is R$ 3,000.00 per day for daytime transactions.

For the night period the limit is lower, reaching R$ 1,000.00 per day.

It is worth mentioning that these values are established by the Central Bank, but may change depending on the financial institution.

This is because the transfer value limit is a security measure, so it is up to the bank to decide what it is. 

Held on weekends and Pix hours

We already know that PIX hours are 24 hours, but does this also apply to weekends? 

As a rule, yes, Pix options remain available on weekends.

In other words, you can make your transfers via Pix on Saturdays, Sundays, and holidays without any problems.

But, as in the previous topic, it is worth highlighting that this is the Central Bank's guidance.

Institutions can create Pix limits on weekends as a security measure. 

So, it's worth checking your bank's rules.

Number of transactions per day

Another important point to clarify is the number of Pix transfers allowed per day.

There is no set number, as the idea behind Pix is to make things easier, and as we've seen, this method is also used as a payment method for purchases.

However, it is worth mentioning that the number of transactions per day is restricted to the permitted amount.

In other words, theoretically you can make as many transfers as you want, as long as you don't exceed 3,000 per day.

But, once again, we end up falling into that issue of banking security measures.

When you perform many Pix transactions, the bank may temporarily block this function from your account.

This is because many transfers in close proximity may indicate that the account has suffered some type of fraud.

This fraud can involve access theft, card cloning, among other options.

So, in order to protect your account, the bank may end up blocking the function for a while.

Therefore, it's worth being careful when carrying out many transactions within the Pix time limit! 

Pix key type registration 

When we talk about Pix, we cannot fail to mention the keys.

Keys are nothing more than the means of identifying your Pix, that is, it is through them that payments are made.

This means that to make a pix you need to inform the recipient's key.

This pix key can be a CPF, cell phone, email, or even a random key.

The point is that a pix key corresponds to a destination account.

Therefore, one type of key can only be used in one banking institution.

Therefore, in addition to knowing the PIX schedule, be sure to register your keys securely.

Pix x TED 

Throughout the content, we saw that Pix is a new feature full of advantages.

This may give the impression that the traditional transfer, the famous TED, has lost its space.

And, in a way, we can consider this statement, in part, true.

This is because, if there is the possibility of making a free and instant transfer, few will choose to pay fees and have to wait days for clearance.

However, this applies to quick, low-value payments.

As we have seen, there is a daily value limit for Pix.

Therefore, for those who need to transfer large amounts, TED remains the ideal option.

Furthermore, we cannot forget that for Pix to occur, the recipient must have a registered key.

Therefore, in cases where the recipient is not a Pix user, TED remains an alternative.

And finally, we also have places that do not accept Pix as a payment method.

So, we can conclude that, although Pix has received a lot of attention, TED still has its place! 

Finally, now that you know the PIX time rules, take advantage of the opportunity to make your transfers much faster and more conveniently!