Regulatory Alerts2024-01-18 | CIEX N° 5/2024Added · Updated
External Circular No. 5/2024: Payment of Money Orders and Remittances from Abroad
The Central Bank of Bolivia (BCB) will facilitate the payment of foreign money orders and remittances in US dollars (USD) within national territory for Financial System Entities. These entities may deposit corresponding funds into the BCB's correspondent account abroad, subsequently withdrawing USD against their accounts at the BCB for delivery to final beneficiaries. The BCB will not charge any commission to Financial System Entities for this service.
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