Resolution 142/2009 Approving the Central Bank of Bolivia's 2010 Service Commission and Fine Tables

BOARD OF DIRECTORS RESOLUTION NO. 142/2009 SUBJECT: INTERNATIONAL OPERATIONS MANAGEMENT - APPROVES TABLE OF COMMISSIONS FOR SERVICES AND TABLE OF FINES OF THE CENTRAL BANK OF BOLIVIA FOR THE 2010 MANAGEMENT PERIOD.

VIEWED: The Law 1670 of October 31, 1995, of the Central Bank of Bolivia (BCB). The Statute of the BCB approved by Board of Directors Resolution No. 128/2005 of October 21, 2005, and subsequent modifications. The Board of Directors Resolution No. 146/2008 of December 16, 2008, which approves the Table of Commissions for Services and the Table of Fines of the BCB for the 2009 management period. The Reports of the International Operations Management GOI No. 023/2009 of December 2, 2009. The Report of the Legal Affairs Management SANO No. 390/2009 of December 4, 2009.

CONSIDERING: That according to article 54, subsection n) of Law No. 1670, it is the responsibility of the Board of Directors to formulate policies regarding the internal management of the BCB, supervising their execution. That according to article 11, numeral 45) of the BCB Statute, the Board of Directors has among its powers the authority to set annually the table of commissions to be charged for the services it provides.

That the International Operations Management, according to Report GOI Nos. 023/2009, states that the commissions charged by the BCB for the provision of banking and financial services are intended to cover their respective operating costs; therefore, it is necessary to periodically adjust these commissions to align them with current market conditions. That as expressed in Report SANO No. 390/2009, in the opinion of the Legal Affairs Management, there is no legal impediment for the Board of Directors to consider the approval of the Service Commission Tables and the Fines Table of the BCB for the 2010 management period.

THEREFORE, THE BOARD OF DIRECTORS OF THE CENTRAL BANK OF BOLIVIA RESOLVES:

Article 1.- Approve the Table of Commissions for Services and the Table of Fines of the Central Bank of Bolivia for the 2010 management period, which forms part of this Resolution as an annex, and which will enter into force starting January 4, 2010.

Article 2.- Starting January 4, 2010, Board of Directors Resolution No. 146/2008 and all provisions contrary to this Resolution are hereby repealed.

Article 3.- The Presidency and General Management are charged with the execution and compliance of this Resolution.

La Paz, December 8, 2009

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Gabriel Loza Tellería

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Hugo Dorado Araníbar Ernesto Yáñez Aguilar

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Rafael Boyán Téllez

ANNEX TABLE OF COMMISSIONS FOR SERVICES OF THE CENTRAL BANK OF BOLIVIA 2010 MANAGEMENT PERIOD

DESCRIPTION | Bs. (%) | RESPONSIBLE MANAGEMENT

1. Transfer of funds abroad for the public sector | 0.10 |
2. Transfer of funds abroad for the financial system | 1.00 |
3. Transfers of funds from abroad for the financial system, excluding operations through the BCB for exporters and remittances equal to or less than USD 1,000.-, and operations through the financial system for the Diplomatic Corps, Cooperation Agencies, International Organizations, and remittances equal to or less than USD 1,000.- | 0.60 |
4. Sending SWIFT messages and others | 190 | International and Monetary Operations
5. Foreign Trade Operations a) Import Letters of Credit

• Operations through CPCR-ALADI | 0.15 |
• Opening and extension of Letters of Credit (annual) | 0.15 |
• Amendments | 190 | b) Export Letters of Credit
• Operations through CPCR-ALADI | 0.05 |
• Notice and transfer | 190 | c) Standby Letter of Credit or Guarantee Bond (annual) | 0.15 |

6. Payment of External Debt (local or foreign) | 0.07 |
7. Administration of FRF (annual) | 0.05 |
8. Administration of RAL M/E Fund (annual) | 0.05 |
9. Issuance and cancellation of international checks | 130 |
10. Check for collection abroad | 0.35 |
11. Payment order from abroad | 0.60 |
12. Administration of Trusts (annual) | 1.00 | International Operations

ANNEX TABLE OF COMMISSIONS FOR SERVICES OF THE CENTRAL BANK OF BOLIVIA 2010 MANAGEMENT PERIOD

DESCRIPTION | Bs. (%) | RESPONSIBLE MANAGEMENT 13. Requests from the financial system for daily deposit or withdrawal of cash in national currency from the BCB vault, from the second time onwards | 525 | 14. Requests from the financial system for deposit of cash in US dollars in the BCB vault from the first time | 1,100 0.10% | 15. Requests from the financial system for withdrawal of cash in US dollars from the BCB vault from the first time | 1,100 0.06% | 16. Administration of "C" Securities (annual) | 0.03 | 17. Operation for tax sharing greater than Bs. 2,000.- | 8 | Monetary Operations 18. Administration of RAL M/N Fund (annual) | 0.30 | 19. Administration of RAL UFV Fund (annual) | 0.05 | 20. Monthly maintenance of "Current Accounts", "Current and Reserve Accounts" and "Reserve Accounts" | 1,260 | 21. Interbank transfer with gloss via SIPAV | 42 | 22. Electronic operations in SIPAV a) From 8:30 to 14:00 hours | 6 | b) From 14:01 until the closing of SIPAV | 9 | Financial Entities 23. MICR Checkbook | 130 | Administration 24. Issuance of accounting receipts for third parties, except operations under the Legal Reserve Regulation, operations originated in contracts with commission collection clauses in the GEF and GOM, open market operations, liquidity credits to the public sector, and cash payment at the Treasury. | 37 | All Areas

ANNEX TABLE OF FINES OF THE CENTRAL BANK OF BOLIVIA 2010 MANAGEMENT PERIOD

DESCRIPTION | Bs. USD. (%) | RESPONSIBLE MANAGEMENT Acquisition of BCB Securities Insufficiency of funds in the accounts of the adjudicated financial entity | 2% on the nominal value of the securities | Contract of Services for Delegated Administration for Correspondency Treasury Service For suspension of service in any district

• First day | 1,000 |
• Second day | 2,000 |
• From the third day onwards | 4,000 | For non-compliance in sending information to the BCB
• First time | 500 |
• Second time | 1,000 |
• From the third time onwards | 1,500 | For written claim sent to the BCB by any financial entity harmed by the non-receipt and/or delivery of monetary material
• First claim | 300 |
• Second claim | 600 |
• From the third claim onwards | 1,000 | Treasury Delay in delivery of remittances | 1 per 5,000 of the remittance amount | Delay or lack of communication of remittance in transit | 500 | Package of monetary material classified as fit containing more than 5 unfit banknotes | 500 | Package of monetary material classified as unfit containing more than 5 fit banknotes | 500 | Monetary Operations ALADI Operations For each business day of delay in presenting information of operations carried out through CPCR-ALADI | 400 | International Operations Transfers of funds from financial system accounts For insufficiency of funds | 450 | Financial Entities Payments System Operations not covered in the schedules and deadlines established by General Management Circular | 500 | All Areas