Regulatory Alerts2020-02-28 | CIEX N° 9/2020Added · Updated
CIEX No. 9/2020 - Receipt of Operation Request Procedures at the BCB
The Central Bank of Bolivia mandates that financial system entities submit operation request procedures through the Single Correspondence Window (VUC) from 08:30 to 18:30 on business days, starting March 4, 2020. Entities must ensure all documents bear previously accredited authorized signatures and comply with specific rejection criteria regarding errors, completeness, and fund sufficiency. The circular also establishes procedures for accrediting external authorized signatures via specific forms and allows for the digital processing of documents upon formal notification of email addresses by executive authorities. This regulation supersedes External Circular CIEX No. 34/2019 and includes an annex detailing the maximum reception hours for various financial operations.