Regulatory Alerts2015-04-28 | RESOLUCION DE DIRECTORIO Nº 062/2015Added · Updated
Board Resolution No. 062/2015 Approving the New Regulation for the Exchange and Fractioning of Monetary Material of the Central Bank of Bolivia
The Central Bank of Bolivia approves a new regulation requiring all financial intermediation entities authorized by the ASFI to exchange damaged or mutilated Bolivian banknotes and to provide change for larger denominations. The regulation establishes specific limits for the general public and commercial entities, allowing up to 10 notes or 100 coins per denomination for the public, while larger operators may obtain up to 5,000 coins and 50,000 notes weekly through the Central Bank. Non-compliance triggers escalating suspensions from the Central Bank, ranging from 15 to 60 days, restricting the ability to buy or sell USD and conduct Open Market Operations.
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