Board Resolution No. 140/2002 Approving the Fee and Other Income Table for the 2003 Management Period

BOARD RESOLUTION NO. 140/2002
SUBJECT: INTERNATIONAL OPERATIONS MANAGEMENT – APPROVES THE FEE AND OTHER INCOME TABLE OF THE BCB FOR THE 2003 MANAGEMENT PERIOD.

SEEN:
The Law 1670 of October 31, 1995.
The Board Resolution No. 028/2002 of March 12, 2002, which approves the Fee and Other Income Table for the 2002 management period. The Report from the International Operations Management (GOI) No. 013/2002 of November 12, 2002. The Report from the Financial Entities Management and Monetary Operations Management (GEF) No. 363/2002 of December 9, 2002. The Report from the Legal Affairs Management (SANO) No. 251/2002 of November 13, 2002.

CONSIDERING:
That according to Article 54, subsection n) of Law 1670, it is the responsibility of the Board to formulate policies regarding the internal management of the BCB, supervising their execution. That the commissions charged by the Central Bank of Bolivia for the provision of banking and financial services are intended to cover their respective operational costs. That it is necessary to periodically adjust the Fee and Other Income Table, in order to adapt it to current market conditions.

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

RESOLVES:

Article 1.- Approve the Fee and Other Income Table for the 2003 management period, which is attached as an annex to this Resolution, which will enter into force starting January 2, 2003.

Article 2.- Starting January 2 of the following year, Board Resolution No. 025/2002 of March 12, 2002, is hereby repealed.

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

La Paz, December 10, 2002

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Juan Antonio Morales A.

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Juan Medinaceli V. Armando Méndez M.

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Enrique Ackermann A.

ANNEX
2003 MANAGEMENT FEE AND OTHER INCOME TABLE

DESCRIPTION | Bs (%) | RESPONSIBLE MANAGEMENT

A. FEES

1. Fund transfer abroad | 0.30 | International and Monetary Operations
2. Monthly charge for Fiscal accounts abroad | 0.50 | International Operations
3. Foreign Trade Operations | | International Operations
   a) Import Letters of Credit
   • Operations through CPCR-ALADI | 0.30 |
   • Opening and expansion of Letters of Credit (annual) | 1.00 |
   • Amendments | 135 |
     b) Export Letters of Credit
   • Operations through CPCR-ALADI | 0.10 |
   • Notice and transfer | 115 |
     c) Stand By Letters of Credit (annual) | 0.10 |
4. External debt payment (local or foreign) | 0.07 | International Operations
5. Monthly maintenance charge for "current accounts" and "reserve requirement current accounts" | 1.028 | Financial Entities
6. Additional movement of cash in vault more than once a day for the second and subsequent times, each one | 600 | Monetary Operations
7. Administration of RAL M/E Fund | 0.05 | International Operations
8. Administration of RAL M/N Fund | 0.65 | Financial Entities
9. Administration of RAL UFV Fund | 0.65 | Financial Entities
10. Administration of FRF | 0.05 | International Operations
11. Administration of "C" Securities | 0.03 | Monetary Operations

2003 MANAGEMENT FEE AND OTHER INCOME TABLE (Continuation)

DESCRIPTION | Bs (%) | RESPONSIBLE MANAGEMENT

B. OTHER INCOME

1. Communication expenses: SWIFT, telex, and others | 115 | International Operations
2. Issuance of accounting vouchers for third parties, except operations under the legal reserve regulation, operations originated in contracts with commission collection clauses in GEF and GOM, open market operations, liquidity credits to the public sector, and cash payments in treasury | 25 | All areas
3. Operation through SIPAV | 4 | All areas
4. Operation by tax co-participation greater than Bs. 2,000.- | 6 | Monetary Operations
5. Check issuance | | International Operations
   a) Manager's checks | 50 | b) International checks | 105 | c) Cancellation | 120 |
6. Collection check | 0.35 | International Operations
7. Payment order from abroad | 0.50 | International Operations
8. Physical issuance of Securities | 25 | Monetary Operations
9. Cancellation of Securities due to fractionation | 25 | Monetary Operations
10. Issuance of Securities due to fractionation | 25 | Monetary Operations
11. Certifications | 65 | Legal Affairs
12. Legalizations | 22 | Legal Affairs
13. Use of Auditorium plus services per day | 3,000 | General Secretariat
14. Use of Daniel Sánchez Hall plus services per day | 1,650 | General Secretariat
15. Research and search for documentation older than 3 years, excluding service year qualification and social benefits (per hour of work) | 70 | All areas
16. Printing of MICR checkbooks | 65 | Accounting

2003 MANAGEMENT FEE AND OTHER INCOME TABLE (Continuation)

DESCRIPTION | Bs | $us | RESPONSIBLE MANAGEMENT

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) | 10 | |
2. Annual subscription
   a) Annual Report
   • Printed | 30 | 30 |
   • Diskette, email, or CD | 50 | 30 |
     b) External Sector Bulletin
   • Printed | 20 | 40 |
   • Diskette, email, or CD | 120 | 40 |
     c) Statistical Bulletin
   • Printed | 80 | 80 |
   • Diskette, email, or CD | 250 | 80 |
     d) Monthly Bulletin
   • Printed | 120 | 100 |
   • Diskette, email, or CD | 350 | 100 |
     e) Analysis Magazine (Semi-annual)
   • Printed | 40 | 15 |