Regulatory Alerts2009-04-14 | Resolución 047/2009Added · Updated
Resolution 047/2009 Approving the Regulation on Monetization, Exchange, and Destruction of Monetary Material
The Board of Directors of the Central Bank of Bolivia approves the new Regulation on Monetization, Exchange, and Destruction of Monetary Material, which establishes procedures for issuing, distributing, and destroying banknotes and coins. The regulation mandates that financial institutions distribute ten and twenty Boliviano notes via ATMs and exchange damaged or mutilated bills, with non-compliance subject to fines coordinated with the banking regulator. The new regulation enters into force on July 1, 2009, simultaneously repealing Resolution 108/2001.
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