Regulatory Alerts2009-09-22 | Resolución 109/2009Added · Updated
Resolution 109/2009 Approving the Regulation for the Exchange and Fractioning of Monetary Material of the Central Bank of Bolivia
The Central Bank of Bolivia approves a regulation mandating financial intermediaries to exchange damaged or mutilated Boliviano banknotes and to fraction larger denominations into smaller bills or coins. The rule establishes specific limits for the general public and commercial entities, allowing up to 10 larger bills or 100 coins per denomination for the public, while larger operators may request up to 50,000 bills or 5,000 coins weekly directly from the Central Bank. Non-compliance triggers escalating suspensions from USD trading and Open Market Operations with the Central Bank, starting at 15 days for a first offense and reaching 60 days for repeated violations.
More like this from BCB
BCB published 7 documents in the last 30 days. We email you each new one the day it's published.