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2002-03-12 | Resolución 025/2002

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Board Resolution No. 025/2002 Approving New Commission and Other Income Table for 2002

The Board of Directors of the Central Bank of Bolivia approves a new Commission and Other Income Table for the 2002 fiscal year, effective April 1, 2002. This resolution supersedes Board Resolution No. 126/2001 and establishes specific fees for international operations, including transfers, foreign exchange letters of credit, and the administration of Legal Reserve Funds (RAL-M/N, RAL-M/N/UFV, and RAL-M/E). It also sets charges for internal services such as document certification, audit room usage, and the sale of commemorative coins, while clarifying that foreign fund transfer fees do not apply to national exports.

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BOARD RESOLUTION NO. 025/2002 SUBJECT: INTERNATIONAL OPERATIONS MANAGEMENT - APPROVES NEW COMMISSION AND OTHER INCOME TABLE FOR THE 2002 FISCAL YEAR.

HAVING VIEWED: Law 1670 of October 31, 1995. Board Resolution No. 126/2001 of December 11, 2001, which approves the Commission and Other Income Table for the 2002 fiscal year. Board Resolution No. 012/2002 of January 22, 2002, which approves modifications to the Legal Reserve Regulation. The Report from the International Operations Management (GOI) No. 002/2002 of March 8, 2002.

CONSIDERING: That according to Article 54, subsection n) of Law 1670, it is the responsibility of the Board of Directors to formulate policies regarding the internal management of the Central Bank of Bolivia (BCB), supervising their execution.

That Article 10 of the Legal Reserve Regulation, modified by Board Resolution No. 012/2002, stipulates that the BCB Board of Directors will annually incorporate into the Commission and Other Income Table the commissions that the BCB will charge for the administration of the RAL-M/N, RAL-M/N/UFV, and RAL-M/E Funds.

That the Commission and Other Income Table for the 2002 fiscal year approved by Board Resolution No. 126/2001 does not include the commission that the BCB will charge for the administration of the Fund for Liquid Asset Requirements in national currency with value maintenance relative to the Housing Development Unit (RAL-M/N/UFV).

That it is necessary to clarify that the commission for the transfer of funds from abroad does not apply to exports carried out by the country.

THEREFORE, THE BOARD OF DIRECTORS OF THE CENTRAL BANK OF BOLIVIA RESOLVES:

Article 1.- Approve the new Commission and Other Income Table for the 2002 fiscal year, which forms part of this Resolution as an annex, which will enter into force on April 1, 2002.

Article 2.- As of April 1, 2002, Board Resolution No. 126/2001 of December 11, 2001, is hereby repealed.

Article 3.- The Presidency and the General Management are charged with the execution and compliance of this Resolution.

La Paz, March 12, 2002

Juan Antonio Morales A.

Juan Medinaceli V. Armando Méndez M.

Roberto Camacho S. Javier Comboni S.

Enrique Ackermann A.

//3. B.D. No. 025/2002 ANNEX COMMISSION AND OTHER INCOME TABLE 2002 FISCAL YEAR

DESCRIPTION | Bs (%) | RESPONSIBLE MANAGEMENT

A. COMMISSIONS

  1. Transfer of funds abroad | 0.15 | Int. Ops. and Monetary Ops.
  2. Transfer of funds from abroad (excluding public sector and exports) | 0.05 | International Ops.
  3. Monthly charge for Fiscal Accounts abroad $us.0 to $us.100,000 | 2.00 | International Ops. $us.100,001 to $us.500,000 | 1.50 | International Ops. $us.500,001 and above | 1.00 | International Ops.
  4. Foreign Trade Operations | International Ops. a) Import Letters of Credit *Operations through the CPCR-ALADI | 0.30 *Opening and expansion of Letters of Credit (annual) | 1.00 *Amendments | 130 b) Export Letters of Credit *Operations through the CPCR-ALADI | 0.10 *Notice and transfer | 110 c) Standby Letters of Credit (annual) | 0.10
  5. Collection Check | 0.35 | International Ops.
  6. Payment Order from abroad | 0.50 | International Ops.
  7. Transfer abroad For payment of external debt | 0.07 | International Ops.
  8. Monthly maintenance charge Financial Entities Of "current accounts" and "reserve current accounts" | 680 | International Ops.
  9. Additional movement Cash in vault more than once a day Second and subsequent, each one | 580 | Monetary Ops.
  10. Operation through SIPAV 4 | All areas
  11. Administration Fund RAL M/E | 0.02 | International Ops.
  12. Administration Fund RAL M/N | 0.65 | Financial Entities
  13. Administration Fund RAL MN/UFV | 0.50 | Financial Entities
  14. Administration of "C" Securities | 0.03 | Monetary Ops.
  15. Physical Issuance of Value Securities | 21 | Monetary Ops.
  16. Cancellation of Value Securities due to Fractioning | 23 | Monetary Ops.
  17. Issuance of Securities by fractioning | 23 | Monetary Ops.

//4. B.D. No. 025/2002 COMMISSION AND OTHER INCOME TABLE 2002 FISCAL YEAR

DESCRIPTION | Bs | $us | RESPONSIBLE MANAGEMENT

B. OTHER INCOME

  1. Communication Expenses | International Ops. SWIFT, telex, and others | 110
  2. Issuance of accounting vouchers | All areas For third parties | 24
  3. Issuance of checks | International Ops. a) Management checks | 26 b) International checks | 100 c) Cancellation | 15
  4. Certifications | 62 | Legal Affairs
  5. Legalizations | 21 | Legal Affairs
  6. Use of Auditorium plus General Secretariat Services per day | 3,000 | General Secretariat
  7. Use of Daniel Sánchez Hall Plus services per day | 1,650 | General Secretariat
  8. Research and search for Documentation older than 3 years excluding Calif. Years of Serv. And social benefits (per hour of work) | 68 | All areas
  9. Printing of MICR checkbooks | 60 | Accounting

C. BCB PUBLICATIONS | General Secretariat

  1. Price per printed copy a) External Sector Bulletin Semi-annual | 5 b) Statistical Bulletin Quarterly | 5 c) Monthly Bulletin | 5 d) Analysis Magazine Semi-annual | 5
  2. Annual Subscription a) Annual Report
  • Printed | 40 | 30
  • Diskette, email, or CD | 70 | 30 b) External Sector Bulletin
  • Printed | 20 | 40
  • Diskette, email, or CD | 125 | 40 c) Statistical Bulletin
  • Printed | 90 | 80
  • Diskette, email, or CD | 300 | 80 d) Monthly Bulletin
  • Printed | 150 | 100
  • Diskette, email, or CD | 400 | 100 e) Analysis Magazine (Semi-annual)
  • Printed | 50 | 15

//5. B.D. No. 025/2002 COMMISSION AND OTHER INCOME TABLE 2002 FISCAL YEAR

DESCRIPTION | Bs | $us | RESPONSIBLE MANAGEMENT

D. SALE OF CURRENCIES | Monetary Ops.

  1. Gold
  • Mining | 580
  • Indigenous | 290
  • Villarroel | 2,900
  • Bicentenario Sucre | 2,530
  • International Year of the Child (34.34 grs) | 2,800
  • International Year of the Child (17.17 grs) | 1,400
  1. Silver
  • Dance and typical costumes | 175
  • 70th Anniversary Central Bank of Bolivia | 175
  • 450th Anniversary City of La Paz | 175
  • International Year of the Child (46.66 grs) | 300
  • International Year of the Child (23.33 grs) | 150
  • Sesquicentenario $b 500 | 43
  • Sesquicentenario $b 250 | 32
  • Sesquicentenario $b 100 | 21 ---ooo---

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