Regulatory Alerts2014-02-27 | SGDB N° 004/2014Added · Updated
BCB External Circular No. 005/2014: Operational Hours for Friday, February 28, 2014
The Central Bank of Bolivia establishes modified operational hours for financial institutions and public entities on Friday, February 28, 2014, in response to a continuous work schedule mandated by the Ministry of Labor for the public administration. The circular specifies exact start and end times for various transactions, including fund transfers, foreign exchange sales, cash desk services, and SIPAV system operations, with most activities concluding between 14:00 and 15:00. These adjustments apply to all financial entities, public bodies, and SIPAV participants to align with the national holiday schedule preceding the Carnival festivities.
B.C.B. / DGD-VUC
2014 FEB 27 AM 11: 19
CORRESPONDENCE GENERAL SENT
EXTERNAL CIRCULAR OF THE CENTRAL BANK OF BOLIVIA
La Paz, February 27, 2014 SGDB No. 005/2014
FROM: GENERAL MANAGEMENT TO: MINISTRY OF ECONOMY AND PUBLIC FINANCES, FINANCIAL ENTITIES, PUBLIC AND PRIVATE ENTITIES, AND PARTICIPANTS IN THE SIPAV. SUBJECT: OPERATIONAL HOURS – FRIDAY, FEBRUARY 28, 2014.
Ladies and Gentlemen:
The Central Bank of Bolivia announces that, in accordance with the continuous schedule established by Communication No. 003/2014 by the Ministry of Labor, Employment and Social Security, operations on February 28, 2014, will be subject to the following schedule:
| TYPE OF OPERATION | SCHEDULE |
|---|---|
| Request for Transfer of Funds from Abroad (Financial System) | 14:00 |
| Foreign Exchange Sales Operations (Bolsín) | 14:00 |
| Sale of Securities to the Public | 08:00 to 14:30 |
| Cash Desk Service | 08:00 to 14:30 |
| Deposits and Withdrawal of Monetary Material | 13:00 |
| Deposits with Third-Party Checks | 10:30 |
| Public Service at Counters | 08:00 to 15:00 |
| Transfer of funds to CUT – Direct Treasury: T01 | 08:00 to 15:00 |
| Deposit from the sale of US dollars: F05 | 08:00 to 15:00 |
| Transfer of Funds from Current and Reserve Accounts, Reserve Account, Current Account and Liquidity Credits for non-SIPAV participants (Documentary) | 08:00 to 14:30 |
| Custody Fund Operations (F01 and F03) | Until 15:00 |
| Provision for withdrawal in custody funds (F02) | Until 14:00 |
| Reversal of unwithdrawn custody funds (F04) | Until 15:00 |
| Custody Fund Reports via MIPRE | 15:00 |
| Request for payment orders for non-banking entities | 08:00 to 12:00 |
| Fiscal account reports – National consolidated (CAF 03 and Annex 3X) | 15:00 |
| Treasury Payment System (SPT) Operations | |
| First Cycle (Start) | 08:00 |
| Third Cycle (End) | 14:00 |
| Requests from the TGN for credit to Current and Legal Reserve Accounts and Fiscal Current Accounts in “Class D” Banks | Until 13:00 |
| SIPAV Operations | 08:00 to 15:00 |
| Increase of ACCL debtor position limit: E07 (First Cycle) | 08:00 to 12:00 |
Ayacucho y Mercado • Tel: (591-2) 2409090 • P.O. Box: 3118 www.bcb.gob.bo • bcb@bcb.gob.bo • La Paz-Bolivia
| Increase of ACCL debtor position limit: E07 (Second Cycle) | 12:10 to 14:00 |
|---|---|
| Payment of ACCL Debtor Position: E17 (First Cycle) | 12:05 to 12:45 |
| Payment of ACCL Debtor Position: E17 (Second Cycle) | 14:05 to 14:20 |
| Payment of ACCL Debtor Position: E17 (Third Cycle) | 09:00 to 09:45 |
| Uncovered PMND Settlement Sheet: M03 (First Cycle) | 12:45 to 13:15 |
| Uncovered PMND Settlement Sheet: M03 (Second Cycle) | 14:20 to 14:30 |
| Uncovered PMND Settlement Sheet: M03 (Third Cycle) | 09:45 to 10:00 |
| Payment of ACCL Creditor Position: E08 (First Cycle) | 12:45 to 13:15 |
| Payment of ACCL Creditor Position: E08 (Second Cycle) | 14:20 to 14:30 |
| Payment of ACCL Creditor Position: E08 (Third Cycle) | 09:45 to 10:00 |
Sincerely,
MMV/CGL/RPR/DET/HRG/LJP/kt.
Ayacucho y Mercado • Tel: (591-2) 2409090 • P.O. Box: 3118 www.bcb.gob.bo • bcb@bcb.gob.bo • La Paz-Bolivia
Plurinational State of Bolivia MINISTRY OF LABOR, EMPLOYMENT AND SOCIAL SECURITY
COMMUNICATION 003/14
The Ministry of Labor, Employment and Social Security, through the General Directorate of Labor, Hygiene and Occupational Safety; in view of the upcoming Carnival holidays, reminds the general population that in accordance with labor regulations, Monday, March 3 and Tuesday, March 4 of the current management period are national holidays with suspension of public and private labor activities.
For Friday, February 28, 2014, a continuous work schedule from 08:00 to 15:00 hours is established for the public administration at the national level. This provision must be coordinated by the Personnel Offices of each Public Institution; private companies must adapt this determination by mutual agreement, considering their modalities and working hours.
La Paz, February 26, 2014
Lawyer Roberto Pardo Zeballos GENERAL DIRECTOR OF LABOR, HYGIENE AND OCCUPATIONAL SAFETY MINISTRY OF LABOR, EMPLOYMENT AND SOCIAL SECURITY
Yanacocha Street corner Mercado • Phones (591-2) 2408606 Int. 103 • Fax: 2408648 website: www.mintrabajo.gob.bo La Paz - Bolivia