Regulatory Alerts2020-09-21 | CIEX N° 47/2020Added · Updated
CIEX No. 47/2020: Authorization of UNILINK in the Integrated Payment Settlement System (LIP) and Establishment of Guarantee Limits for Compensation and Settlement
The Central Bank of Bolivia authorizes UNILINK S.A. to participate in the Integrated Payment Settlement System (LIP) effective September 23, 2020, specifying its clearing account and authorized electronic payment operations. The circular establishes procedures for participants to determine, communicate, and modify their Multilateral Net Debtor Position (LPMND) limits with UNILINK, including requirements for written notifications and automatic verification by the Central Bank. Participants must submit requests for the establishment or expansion of these limits by 3:00 p.m. on business days, with modifications taking effect in the current or subsequent operational cycles depending on the timing of the request.
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