Regulatory Alerts2019-10-23 | CIEX N° 63/2019Added · Updated
CIEX No. 63/2019: Requirements and Conditions for Cash Withdrawal from Electronic Payment Instruments at Affiliated Merchants via POS Terminals
The Central Bank of Bolivia establishes that cash withdrawals from Electronic Payment Instruments (EPI) at affiliated merchants are capped at 300 Bolivianos per transaction and incur no fees for the customer. The service is optional and restricted to specific retail sectors, including supermarkets, pharmacies, gas stations, and hotels or restaurants under the General Tax Regime. Merchants must invoice only for the goods or services sold, excluding the cash withdrawal amount, and must protect customer confidentiality by not displaying account or card numbers on receipts.