Regulatory Alerts2020-07-28 | RESOLUCIONES DE DIRECTORIO Nº 068/2020Added · Updated
Board Resolution No. 068/2020
The Board of Directors of the Central Bank of Bolivia extends the temporary authorization for Financial Intermediation Entities (FIEs) to deposit usable 10 and 20 Boliviano banknotes from the previous family until June 30, 2021, restricting these deposits to BCB vaults in La Paz. This measure requires FIEs to withdraw an equivalent amount in usable 50 and 100 Boliviano banknotes from the BCB by the next business day, exempting them from the standard deposit classification requirements of Article 4. The modifications to the Currency Material Administration Regulation, including new abbreviations and definitions, enter into force on August 1, 2020.
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