Regulatory Alerts2016-11-23 | SGDB N°041/2016Added · Updated
SGDB N°041/2016
The Central Bank of Bolivia authorizes the Fundación Boliviana para el Desarrollo Institución Financiera de Desarrollo (FUBODE IFD) to participate in the Integrated Payment Clearing System (LIP) effective November 21, 2016. This authorization permits the entity to process and receive electronic transfers, assigning it participant code 1468 and reserve account 7741. LIP participants are required to update their internal IT systems with these specific configuration details.