Regulatory Alerts2014-06-12 | SGDB N° 017/2014Added · Updated
SGDB N° 017/2014
The Central Bank of Bolivia mandates that supervised financial intermediation entities with accounts at the central bank must use the Integrated Payment Settlement System (LIP) for processing payment orders, replacing the High-Value Payment System (SIPAV) effective August 18, 2014. The Financial Entities Management will establish implementation schedules for entities not currently participating in SIPAV. To support this transition, the central bank will conduct presentation workshops in La Paz, Cochabamba, Santa Cruz, and Tarija and provide technical assistance via designated phone lines and email.
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