Regulatory Alerts2012-11-06 | SGDB N° 050/2012Added · Updated
BCB External Circular SGDB No. 050/2012: Electronic Auction System (SSE) and High-Value Payments System (SIPAV) Demonstrations
The Central Bank of Bolivia invites financial system cooperatives to attend demonstrations of the Electronic Auction System (SSE) and the High-Value Payments System (SIPAV) in Cochabamba, Santa Cruz, and Tarija on November 8, 9, and 16, 2012. The SSE enables the acquisition of public securities with short-term liquidity options, while SIPAV facilitates real-time payments and credit disbursements guaranteed by the RAL Fund. Cooperatives must submit their participant lists to the Central Bank at least two days prior to the scheduled event in their respective cities.
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