Regulatory Alerts2010-10-12 | Resolución 118/2010Added · Updated
Resolution 118/2010
The Central Bank of Bolivia amends Articles 14 and 17 of the Currency Material Administration Regulation to modify the consequences of counting errors in banknote batches. If a count reveals more than 10% of valid notes within a batch classified as unfit, or more than 10% of unfit notes within a batch classified as fit, the bank must return the total amount of the currency material counted on that date, rather than only the corresponding deposit. These modifications apply to financial entities depositing currency with the central bank and enter into force on the date of approval.
More like this from BCB
BCB published 6 documents in the last 30 days. We email you each new one the day it's published.
Share