Regulatory Alerts2016-02-02 | RESOLUCIONES DE DIRECTORIO N° 021/2016Added · Updated
Board Resolution No. 021/2016 Approving the Regulation on Monetization, Distribution, and Destruction of Monetary Material
The Board of Directors of the Central Bank of Bolivia approved the new Regulation on Monetization, Distribution, and Destruction of Monetary Material, replacing Resolution No. 061/2015. The regulation establishes procedures for the authorization and accounting of monetary material, mandates specific denomination distribution requirements for financial entities operating ATMs, and requires the delivery of only fit banknotes to consumers. It further defines the protocols for the withdrawal, physical destruction, and supervision of unfit currency, while setting conditions for the reproduction of monetary images.
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