The Banco Central do Brasil (BCB) constantly monitors the foreign exchange market and undertaking studies with the objective of fine-tuning regulation to simplify FX procedures, increase competitiveness and lower costs.

BCB is also working on the development of a section on its website aiming to offer customers specific information about regulation, costs and guidelines for remittances operations, and intends to improve its remittance price comparison website launched in 2016, the Total Effective Value (VET) Ranking for remittances. Furthermore BCB will seek to improve the dissemination of statistics related to remittances and its costs over the context of financial inclusion indicators