Regulatory Alerts2017-05-11 | SGDB N° 025/2017Added · Updated
SGDB N° 025/2017 - Provision of Funds for BCB Service Commissions
The Central Bank of Bolivia reminds participating entities in the Integrated Payment Liquidation System (LIP) of their obligation to maintain sufficient funds in their accounts to cover transactional and electronic service commissions. This requirement applies to stock agencies, investment fund management companies, and development financial institutions based on the Ninth and Tenth clauses of their service contracts. Entities must ensure timely processing of debits according to the annual commission table issued by the regulator.
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