SGDB N° 009/2015: Deadline for Incorporation into the Integrated Payment Settlement System (LIP)

B.C.B. / DGD-VUC

2015 MAR 27 PM 3: 30

EXTERNAL CIRCULAR OF THE CENTRAL BANK OF BOLIVIA

La Paz, March 25, 2015
SGDB No. 009/2015

FROM: GENERAL MANAGEMENT
FINANCIAL ENTITIES MANAGEMENT
TO: MUTUALS AND SAVINGS AND CREDIT COOPERATIVES AUTHORIZED BY THE ASFI SUBJECT: DEADLINE FOR INCORPORATION INTO THE INTEGRATED PAYMENT SETTLEMENT SYSTEM (LIP)

Ladies and Gentlemen:

In compliance with Article 14 of the Regulations of the Integrated Payment Settlement System (LIP) approved with R.D. No. 061/2014 of 10.06.14 and once the tasks of verifying compliance with technical requirements have been completed, we communicate that the Central Bank of Bolivia (BCB) has defined the following schedule for Mutuals and Savings and Credit Cooperatives that have not yet incorporated as participants in the LIP:

Activity	Deadline
Submission of legal documents	10.04.2015
Signing of reserve account opening contract	17.04.2015
Presentation or exchange of digital certificates	30.04.2015
Submission of forms for enabling network segment and security user	08.05.2015
Submission of note for enabling operations on digital certificates.	15.05.2015

We remind you that financial intermediation entities that have an account at the BCB must, on a mandatory basis, use the LIP for the processing of their payment orders, and that non-compliance with these provisions will be sanctioned in accordance with regulations starting from 01.06.2015.

Activities must be coordinated with the LIP Help Desk at phones 2407262, 2147077, 2661623 or 2661627 or via email: ayudalip@bcb.gob.bo.

Sincerely,

[Signature]
MISAEL MIRANDA VARGAS
MANAGER OF FINANCIAL ENTITIES
CENTRAL BANK OF BOLIVIA

[Signature]
CARLOS A. COLODRO LÓPEZ
GENERAL MANAGER a.i.
CENTRAL BANK OF BOLIVIA

CCL/MMV/RPR/LIP/APM/AAOA/jkt.

Ayacucho and Mercado • Tel:(591-2) 2409090 • P.O. Box: 3118 www.bcb.gob.bo • bcb@bcb.gob.bo • La Paz-Bolivia