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.

BCB published 10 documents in the last 30 days — get each new one by email the day it lands.

[Logo: BANCO CENTRAL DE BOLIVIA]

BCB-DGD-VUC
BANCO CENTRAL DE BOLIVIA
PLURINATIONAL STATE OF BOLIVIA
2019 OCT 23 AM 10: 19

EXTERNAL CIRCULAR

La Paz, October 21, 2019
CIEX No. 63/2019

FROM: GENERAL MANAGEMENT
FINANCIAL ENTITIES MANAGEMENT
TO: FINANCIAL INTERMEDIATION ENTITIES, COMPLEMENTARY FINANCIAL SERVICES COMPANIES PROVIDING PAYMENT SERVICES, ELECTRONIC CARD ADMINISTRATORS, CLEARING AND SETTLEMENT EXCHANGES SUBJECT: REQUIREMENTS AND CONDITIONS FOR CASHING OUT ELECTRONIC PAYMENT INSTRUMENTS AT AFFILIATED MERCHANTS THROUGH POINT OF SALE (POS) TERMINALS

Read the rest free, and get an email when BCB publishes again

Email me when BCB publishes something newOne email per publication, same day. Sign in below to keep reading.

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Source: Banco Central de Bolivia — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works