RegAlert2018-10-15 | 032 2018 SGDB EXTAdded · Updated
Circular SGDB No. 032/2018: Instruction for the Exchange of Boliviano Banknotes
The Central Bank of Bolivia mandates that Financial Intermediation Entities (FIEs) exchange Boliviano banknotes torn at the signatures or serial numbers, provided the elements are complete and part of the same note. For mutilated banknotes missing a portion but retaining two signatures and a serial number, FIEs must complete a sworn Exchange of Fraction of Banknote Act, provide a copy to the client, and submit the documentation along with the client's ID or passport to the Central Bank's Treasury Management within three business days. This circular becomes effective on October 1, 2018, throughout the Plurinational State of Bolivia.
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BCB.030-VUC
BANCO CENTRAL DE BOLIVIA
PLURINATIONAL STATE OF BOLIVIA
EXTERNAL CIRCULAR
La Paz, September 17, 2018
SGDB No. 032/2018
FROM: GENERAL MANAGEMENT
TREASURY MANAGEMENT
TO: FINANCIAL INTERMEDIATION ENTITIES AND THE GENERAL PUBLIC
INSTRUCTION FOR THE EXCHANGE OF BOLIVIANO BANKNOTES
SUBJECT:
Ladies and Gentlemen:
In accordance with Article No. 328, paragraph 4 of the Political Constitution of the State; Article 3 of Law No. 901 of November 28, 1986; and Article 10 of Law No. 1670 of October 31, 1995, the Central Bank of Bolivia is the sole institution with the exclusive and non-delegable function of issuing the monetary unit of Bolivia, which is "The Boliviano," in the form of banknotes and metallic coins.
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Lineage: In force
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
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