- Same-day settlement: D+0 (if submitted before 5:00 PM, Brasília time)
- Operating hours: Monday to Friday, 06:30–17:00 (UTC-3)
- Network: BACEN STR (Reserve Transfer System)
- Cost: Typically R$ 8-25 per transfer (traditional banks), R$ 0-2 (digital banks)
What does the Plugin do?
Lerian’s TED plugin enables our clients to:
- Send TED OUT - Transfer money to any Brazilian bank account
- Receive TED IN - Automatically credit incoming transfers
- P2P Transfers - Same-institution transfers (same ISPB, faster and free)
- Track Status - Real-time transfer monitoring with complete history
- Webhook Notifications - Proactive updates on status changes
- Compliance - Automatic enforcement of BACEN operating hours and limits
- Multi-Tenant - Supports SaaS deployments (100+ clients) and BYOC (single client)
How does TED work?
TED operates through SPB, the Central Bank’s infrastructure that connects all financial institutions in the country. The transfer flow follows these steps:
Operating hours
TED operates on business days, according to Central Bank rules:| Day | Hours (Brasília) |
|---|---|
| Monday to Friday | 06:30 to 17:00 |
| Saturdays, Sundays, and holidays | Not operating |
Business value
The TED plugin offers significant strategic and operational benefits for Lerian platform clients:
Revenue Generation
Allows clients to charge fees for transfers, aligning with market practices. Traditional banks charge between R$ 8 and R$ 25 per TED, while digital banks offer rates between R$ 0 and R$ 2, creating a flexible monetization opportunity.Complete Solution
Provides a unified platform for fund movement, combining PIX and TED in a single ecosystem. This eliminates the need for multiple vendors and simplifies technical and operational integration.Competitive Parity
Matches Lerian’s offering with established competitors such as Pismo, Celcoin, and Matera, ensuring clients don’t miss business opportunities due to lack of functionality.Market Access
Integration with JD Consultores, a leading provider with significant market share in SPB messaging (JD Consultores, 2025), ensures broad connectivity and reliability in interbank communication.Regulatory Compliance
Automatically incorporates BACEN rules (operating hours, limits, audit trail), reducing the compliance burden for clients and minimizing regulatory risks.Ecosystem participants
The bank transfer system involves different types of participants:
Direct participants
Institutions that connect directly to SPB and manage:- Direct connectivity with the Central Bank
- Real-time liquidity
- Full regulatory compliance
Indirect participants
Institutions that access SPB through a direct participant (settler). The settler is responsible for:- Connectivity with SPB
- Settlement of operations
- Compliance with BACEN protocols
PSTI (Information Technology Service Provider)
Provider authorized by BACEN to operate the connection infrastructure with RSFN (National Financial System Network). Using a PSTI allows institutions to:- Connect to BACEN networks without building their own infrastructure
- Use certified and secure systems
- Maintain control over their ledger and business rules