Regulatory Alerts2024-04-12 | CIEX N° 10/2024Added · Updated
CIEX No. 10/2024: First Quarter Contribution to the Saver Protection Fund
The Central Bank of Bolivia will automatically debit financial intermediation entities for the first quarter of 2024 contribution to the Saver Protection Fund on April 15, 2024. The amount is calculated as 1.25 per thousand of the average daily balance of public obligations during the quarter and will be deducted from national and foreign currency reserve or current accounts. Entities are requested to ensure sufficient funds are available in their accounts to cover this deduction.
EXTERNAL CIRCULAR La Paz, April 12, 2024 CIEX No. 10/2024 FROM: GENERAL MANAGEMENT FINANCIAL ENTITIES MANAGEMENT TO: FINANCIAL INTERMEDIATION ENTITIES SUBJECT: FIRST QUARTER FEE – CONTRIBUTION TO THE SAVER PROTECTION FUND
Gentlemen:
The Central Bank of Bolivia notifies all Financial Intermediation Entities that on April 15, 2024, in application of Article 518 of Financial Services Law No. 393 of August 21, 2013, it will effect the automatic debit of the fee corresponding to the first quarter of 2024 for the Saver Protection Fund (contribution of financial intermediation entities) from their Current and Reserve Account or Reserve Account in national and foreign currency. The debited amount will be equivalent to one point two five per thousand (1.25‰) of the average daily balance of obligations with the public during the aforementioned quarter.
In this regard, we will appreciate your making the respective provision of funds.
Sincerely.
DIGITALLY SIGNED DOCUMENT Rolando Jorge Olmos Alcalá FINANCIAL ENTITIES MANAGER Rubén Gonzalo Ticona Chique GENERAL MANAGER Validate digital signatures at validar.firmadigital.bo RGTCH/RJOA/ctrp/ceol