Brazil · Finance
Key Facts
—What. A 'duplicata escritural' is a fully digital trade receivable linked to an electronic tax invoice and registered in a central system authorized by Brazil's Central Bank.
—Scale. The annual market for these trade receivables is estimated at roughly R$10–11 trillion, but only a fraction is currently used as formal credit collateral.
—Timeline. Mandatory adoption will be phased in by company size, starting with large firms in mid-2027 and extending to small companies by mid-2028.
