Circular External No. 041/2017 - Description of Operation M03T - Uncovered PMND Payroll - ACCL

BC8-DGD-VUQ BANCO CENTRAL DE BOLIVIA ESTADO PLURINACIONAL DE BOLIVIA 17 Oct 25 12:00 EXTERNAL CIRCULAR NO. PROCESSING: RA La Paz, October 24, 2017 - SGDB No. 041/2017 FROM: GENERAL MANAGEMENT FINANCIAL ENTITIES MANAGEMENT FINANCIAL ENTITIES PARTICIPATING IN THE INTEGRATED PAYMENT CLEARING SYSTEM (LIP) AND ACCL DESCRIPTION OF OPERATION M03T - UNCOVERED PMND PAYROLL - ACCL TO: SUBJECT: Ladies and Gentlemen: The Central Bank of Bolivia (BCB) clarifies to the participants of the Integrated Payment Clearing System (LIP) the description of operation M03T - Uncovered PMND Payroll - ACCL, as follows: The mentioned modifications are part of the Operational and IT Guide of the LIP System (v.1.0). For any inquiries, please contact the LIP Help Desk at phones 2661623, 2661645, 2407262, 2147077 and/or email avudalip@bcb.gob.bo. Sincerely, CARLOS [Signature] GENERAL MANAGER BANCO CENTRAL DE BOLIVIA Ayacucho Street corner Mercado. Phone: (591-2) 2409090 . Fax: (591-2) 2661590 www.bcb.gob.bo bancocentraldebolivia@bcb.gob.bo . La Paz Bolivia

CODE NAME AND DESCRIPTION OF OPERATION UNCOVERED PMND PAYROLL - ACCL M03T Transfer of funds requested by the ACCL from the account of a financial entity to the clearing account to cover the PMND (Multilateral Net Debit Position) of the entity that authorized via note the settlement of its PMND through automatic debit according to Resolution of the Board of Directors No. 134/2015 article 47, subsection i).