Board Resolution No. 175/2014 Approving Service Commission and Fine Tables for the Central Bank of Bolivia for 2015

REV, {de-A ei4-f,iee; BOARD RESOLUTION NO. 175/2014 SUBJECT: INTERNATIONAL OPERATIONS MANAGEMENT - APPROVES TABLE OF COMMISSIONS FOR SERVICES AND TABLE OF FINES OF THE CENTRAL BANK OF BOLIVIA FOR THE 2015 FISCAL YEAR.

HAVING SEEN: Law 1670 of October 31, 1995, of the Central Bank of Bolivia (BCB). The Statute of the BCB approved by Board Resolution No. 128/2005 of October 21, 2005, and subsequent modifications. Board Resolution No. 175/2013 of December 10, 2013, which approves the Table of Commissions for Services and the Table of Fines of the BCB for the 2014 fiscal year. The Report from the International Operations Management BCB-GOI-SOEXT-DOCC-INF-2014-28 of November 26, 2014. The Report from the Legal Affairs Management BCB-GAL-SANO-INF-2014-571 of November 28, 2014.

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 its execution. That according to article 11, numeral 45) of the Statute of the BCB, 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-2014-28, 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-2014-571, in the opinion of the Legal Affairs Management, there is no legal impediment for the Board to consider the approval of the Tables of Service Commissions and Fines of the BCB for the 2015 fiscal year.

[Signatures] Abraham Perez Alandia ---- Alva-To Rodriguez Rojas Reynaldo Yujra Segales Ronald Polo Rivero 14 Velarde Vera

//2. B.R. No. 175/2014

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

Article 1.- Approve the Table of Commissions for Services and the Table of Fines of the Central Bank of Bolivia for the 2015 fiscal year, which forms an integral part of this Resolution as an annex, and which will enter into force as of January 2, 2015.

Article 2.- As of January 2, 2015, Board Resolution No. 175/2013 is hereby repealed, along with all provisions contrary to this Resolution.

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

La Paz, December 2, 2014. Mcelo Zabalaga Estrada

[Annex Content] DESCRIPTION Bs. (%) RESPONSIBLE MANAGEMENT

1. Transfer of funds abroad for the public sector 0.10
2. Transfer of funds abroad for the financial system 1.00
3. Transfers of funds from abroad for the financial system, excluding operations through the BCB for remittances equal to or less than USD 1,000.-, and operations through the financial system for the Diplomatic Corps, 0.60 International and Monetary Operations Cooperation Agencies, International Organizations, and remittances equal to or less than USD 1,000.-
4. Sending SWIFT messages and others 220
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 220 b) Export Letters of Credit
• Operations through CPCR-ALADI 0.00 Operations
• Notice and transfer 220 International c) Standby Letter of Credit or Guarantee Bond (annual) 0.15

6. Payment of External Debt (local and foreign) 0.07
7. Administration of FPH (annual) 0.05
8. Administration of FPA (annual) 0.05
9. Administration of RAL M/E Fund (annual) 0.05
10. Payment order from abroad 0.60
11. Requests from the financial system for daily deposit or withdrawal of cash in national currency from the BCB vault, from the second time onwards 620
12. Requests from the financial system for deposit of cash in US dollars in the BCB vault from the first time 1,210 0.10 Operations
13. Requests from the financial system for withdrawal of cash in US dollars from the BCB vault from the first time 1,210 0.10 Monetary
14. Administration of "C" Titles (annual) 0.03
15. Operation for tax sharing greater than Bs. 2,000.- 8

[Annex Content] DESCRIPTION Bs. (%) RESPONSIBLE MANAGEMENT 16. Administration of RAL M/N Fund (annual) 0.65 17. Administration of RAL UFV Fund (annual) 0.05 18. Monthly fee for transactional financial services in Current and Reserve Accounts Bs and USD 4,950 0.02 in Bs and 0.04 in USD () 19. Monthly fee for transactional financial services for Reserve Accounts for Mutuals and Housing Financial Entities 1,100 0.02 in Bs and 0.04 in USD Financial Entities () 20. Monthly fee for transactional financial services for Reserve Account for Cooperatives 550 0.02 in Bs and 0.04 in USD () 21. Electronic operations in SIPAV 3 22. MICR Checkbook 150 Administration 23. Issuance of accounting vouchers 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 payment in Treasury. 50 All Areas () On the daily average of the previous month.

[Annex Content] FINE TABLE OF THE CENTRAL BANK OF BOLIVIA FISCAL YEAR 2015

DESCRIPTION Bs. USD (%) RESPONSIBLE MANAGEMENT Monetary Operations Acquisition of BCB securities Insufficiency of funds in the financial entity's adjudicated account 550 2% on the nominal value of the securities ALADI Operations For each business day of delay in the presentation of information of operations carried out through CPCR — ALADI 440 International Operations Transfer of funds from financial system accounts Insufficiency of funds 500 Entities Documentary medium transfers Financial For operations enabled in SIPAV and not declared in contingency 275 Payment System Operations not covered in the schedules and deadlines established by General Management Circular 550 All Areas/