Board Resolution No. 175/2013 Approving the Central Bank of Bolivia's 2014 Service Commission and Fine Tables

BOARD RESOLUTION NO. 175/2013 SUBJECT: INTERNATIONAL OPERATIONS MANAGEMENT - APPROVES THE CENTRAL BANK OF BOLIVIA'S 2014 SERVICE COMMISSION TABLE AND FINE TABLE.

SEEN: Law 1670 of October 31, 1995, of the Central Bank of Bolivia (BCB). The BCB Statute approved by Board Resolution No. 128/2005 of October 21, 2005, and subsequent modifications. Board Resolution No. 212/2012 of December 11, 2012, which approves the BCB's Service Commission Table and Fine Table for the 2013 management period. The Report from the International Operations Management of the BCB-GOI-SOEXT-DOCC-INF-2013-28 of December 3, 2013. The Report from the Legal Affairs Management of the BCB-GAL-SANO-INF-2012-427 of December 6, 2013.

CONSIDERING: That according to Article 54, subsection n) of Law No. 1670, it is the responsibility of the Board to formulate policies regarding the internal management of the BCB, supervising their execution. That according to Article 11, numeral 45) of the BCB Statute, the Board has among its powers the authority to set annually the table of commissions to be charged for the services it provides. That the International Operations Management, according to Report BCB-GOI-SOEXT-DOCC-INF-2013-28, states that the commissions charged by the BCB for the provision of banking and financial services are intended to cover their respective operational costs; therefore, it is necessary to periodically adjust these commissions to align them with current market conditions. That as expressed in Report BCB-GAL-SANO-INF-2013-427, in the opinion of the Legal Affairs Management, there is no legal impediment for the Board to consider the approval of the BCB's Service Commission Tables and Fine Tables for the 2014 management period.

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

[Signatures]

Article 1.- Approve the Service Commission Table and the Fine Table of the Central Bank of Bolivia for the 2014 management period, which are attached as an annex to this Resolution, and which will enter into force as of January 2, 2014.

Article 2.- As of January 2, 2014, Board Resolutions Nos. 212/2012, and all provisions contrary to this Resolution, are hereby repealed.

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

La Paz, December 10, 2013

[Signatures]

ANNEX CENTRAL BANK OF BOLIVIA SERVICE COMMISSION TABLE 2014 MANAGEMENT PERIOD

DESCRIPTION	Bs.	CYO	RESPONSIBLE MANAGEMENT
1. Fund transfer abroad for the public sector	0.10
2. Fund transfer abroad for the financial system	1.00
3. Fund transfers from abroad for the financial system, excluding operations through the BCB for exporters and remittances equal to or less than USD 1,000.-, and operations through the financial system for the Diplomatic Corps, Cooperation Agencies, International Organizations, and remittances equal to or less than USD 1,000.-	0.60		International and Monetary Operations
4. SWIFT message sending and others	2.00
5. Foreign Trade Operations
a) Import Letters of Credit
* Operations through CPCR-ALADI	0.15
* Opening and expansion of Letters of Credit (annual)	0.15
* Amendments	2.00
b) Export Letters of Credit		International Operations
* Operations through CPCR-ALADI	0.00
* Notice and transfer	2.00
c) Standby Letter of Credit or Guarantee Bond (annual)	0.15
6. External Debt Payment (local or foreign)	0.07
7. FRF Administration (annual)	0.05
8. RAL M/E Fund Administration (annual)	0.05
9. Payment order from abroad	0.60
10. Trust Administration (annual)	1.00
11. Requests from the financial system for daily deposit or withdrawal of cash in national currency from the BCB vault, from the second time and subsequent times	5.60
12. Requests from the financial system for deposit of cash in US Dollars in the BCB vault from the first time	1,100	0.10	Monetary Operations
13. Requests from the financial system for withdrawal of cash in US Dollars from the BCB vault from the first time	1,100	0.10	Monetary Operations
14. "C" Titles Administration (annual)	0.03
15. Operation for tax co-participation greater than Bs. 2,000.-	8

ANNEX CENTRAL BANK OF BOLIVIA SERVICE COMMISSION TABLE 2014 MANAGEMENT PERIOD

| 16. RAL M/N Fund Administration (annual) | 0.30 | | Financial Entities | | 17. RAL UFV Fund Administration (annual) | 0.05 | | | | 18. Maintenance of "Current Accounts", "Current and Reserve Accounts" | 4,500 | 0.02% in Bs and 0.04% in USD () | | | 19. Monthly maintenance of "Reserve Accounts" for Mutuals | 1,000 | 0.02% in Bs and 0.04% in USD () | | | 20. Monthly maintenance of "Reserve Accounts" for Cooperatives | 500 | 0.02% in Bs and 0.04% in USD () | | | 21. Monthly maintenance of "Reserve Accounts" for Financial Funds | 1,500 | 0.02% in Bs and 0.04% in USD () | | | 22. Electronic operations in SIPAV | 3 | | | | 23. MICR Checks | 1.40 | | Administration | | 24. Issuance of accounting receipts for third parties, except operations under the Legal Reserve Regulation, operations originated in contracts with commission collection clauses in the GEF and GOM, open market operations, liquidity credits to the public sector, and cash payments in Treasury. | 40 | | All Areas |

(*) On the daily average of the previous month.

ANNEX CENTRAL BANK OF BOLIVIA FINE TABLE 2014 MANAGEMENT PERIOD

Description	Bs.	USD (%)	Responsible Management
Acquisition of BCB securities
Insufficiency of funds in the accounts of the adjudicated financial entity		2% on the nominal value of the securities	Monetary Operations
Packaging of USD in bills for deposit at the BCB
For inadequate packaging failing to comply with what is established in BCB External Circulars (Per packaging)	500
ALADI Operations
For each business day of delay in the presentation of information of operations carried out through CPCR - ALADI	400		International Operations
Fund transfers from financial system accounts
For insufficiency of funds
Transfers by documentary means
For operations enabled in SIPAV and not declared in contingency	250
Payments System
Operations not covered in the schedules and deadlines established by General Management Circular	450		Financial Entities
	500		All Areas