Brics advance settlements in local currencies

For Brazilian organizations that are part of global supply chains or that import/export to Brics countries, the invitation is clear, according to Aarin: prepare now. This means reviewing internal settlement systems, assessing international partners in local currencies, adjusting compliance for new payment networks, and aligning financial governance with this future under construction. ‘This Brics movement opens up space for companies to rethink their operational models. It is not an isolated technical decision: it involves governance, relationships with international partners, and new financial competencies,’ Ticiana concludes. Aarin, founded in Salvador, Bahia, underwent a merger and acquisition with the Bradesco group in August 2022 and is currently part of the financial conglomerate.

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