Regulatory Alerts2016-06-20 | SGDB N° 028/2016 EXTAdded · Updated
SGDB N° 028/2016 EXT
The Central Bank of Bolivia authorizes Cooperativa de Ahorro y Credito Abierta Progreso R.L. to participate in the Integrated Payment Liquidation System (LIP) effective June 20, 2016. This authorization follows the issuance of a operating license by the ASFI and the signing of the Reserve Account and Financial Services Contract. The entity is assigned code 0993 and reserve account 7669, and participants are required to update their internal IT systems with these details to process and receive electronic transfers.