Regulatory Alerts2018-07-24 | Resolucion de Directorio N° 094/2018Added · Updated
Board Resolution No. 094/2018
The Board of Directors of the Central Bank of Bolivia approves the Regulation on Monetization, Distribution, Destruction of Monetary Material, and Destruction of Counterfeit Material, which enters into force on August 8, 2018. This regulation supersedes Resolution No. 021/2016 and establishes procedures for the authorization, distribution, and destruction of Boliviano banknotes and coins, including specific distribution requirements for financial intermediation entities using ATMs. It also defines the destruction processes for unfit monetary material and counterfeit bills seized by financial entities, mandating supervision by notaries and internal bank officials.
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