Regulatory Alerts2022-04-29 | CIEX N° 18/2022Added · Updated
CIEX No. 18/2022: Transfer of Prescribed Cash Shortfalls to Treasury Accounts
The Central Bank of Bolivia authorizes Financial Intermediation Entities participating in the Integrated Payment Liquidation System to transfer surplus funds from cash shortfalls that have been prescribed in favor of the General Treasury of the Nation under Law No. 1393. This transfer applies to surpluses older than two years as of the law's publication date and is operational via new transaction codes T03 (national currency) and T04 (foreign currency) from April 28, 2022, between 07:30 and 16:00. Participants must request the addition of these operations to their valid digital certificates to execute the transfers.
EXTERNAL CIRCULAR La Paz, April 26, 2022 CIEX No. 18/2022 FROM: GENERAL MANAGEMENT FINANCIAL ENTITIES MANAGEMENT TO: FINANCIAL ENTITIES PARTICIPATING IN THE INTEGRATED PAYMENT LIQUIDATION SYSTEM (LIP) SUBJECT: TRANSFER OF FUNDS FROM PRESCRIBED CASH SHORTFALLS TO TREASURY ACCOUNTS ENABLED IN THE LIP
Gentlemen:
The Central Bank of Bolivia (BCB) communicates to all participants of the Integrated Payment Liquidation System that, in compliance with Article 6 of Law No. 1393 of September 13, 2021, on Modifications to the General State Budget – Management 2021, which declares the prescription in favor of the General Treasury of the Nation (TGN) of all surpluses resulting from Cash Shortfalls of Financial Intermediation Entities (EIF) accounted for, whose age is greater than two (2) years as of the publication date of the aforementioned Law; regarding this, the Integrated Payment Liquidation System (LIP) will be enabled from April 28, 2022, to carry out the following transfer operations:
Operation Code | Operation Description | Schedule to operate in the LIP T03 | TGN - Prescription of cash shortfalls – EIF MN | Transfer of surplus funds resulting from cash shortfalls of EIF to the TGN in national currency. | 07:30 – 16:00 T04 | TGN - Prescription of cash shortfalls – EIF ME | Transfer of surplus funds resulting from cash shortfalls of EIF to the TGN in foreign currency. | 07:30 – 16:00
The incorporation of these operations will be part of the Operational Guide of the Hybrid Liquidation Module (MLH) of the Integrated Payment Liquidation System; in this sense, participants must request the addition of operations T03 and T04 to their valid digital certificate.
For any inquiries, please contact the LIP Help Desk at phones 2661623, 2661640, 2661620, 2407262 and 2147077 or via email at ayudalip@bcb.gob.bo.
Sincerely.
DIGITALLY SIGNED DOCUMENT Rolando Sergio Colque Soldado FINANCIAL ENTITIES MANAGER Rubén Gonzalo Ticona Chike GENERAL MANAGER Validate digital signatures at: validar.firmadigital.bo RGTCH/RSCS/ampm/mnlc/npcs