Regulatory Alerts2012-11-20 | Resolución 196/2012Added · Updated
Resolution 196/2012
The Board of Directors of the Central Bank of Bolivia amends the Internal Regulation for operations through the SUCRE system by authorizing payments solely via Letters of Credit, thereby removing payment orders from the list of authorized instruments. For outstanding payment orders related to Bolivian exports and imports processed before November 20, 2012, processing is permitted only if the Bolivian Authorized Operating Bank certifies that it has verified the transaction and the involved company. The Presidency and General Management are tasked with executing and ensuring compliance with these modifications.
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