EXTERNAL CIRCULAR OF THE CENTRAL BANK OF BOLIVIA

La Paz, March 8, 2013
SGDB No. 011/2013

FROM: GENERAL MANAGEMENT
TO: PUBLIC AND FINANCIAL ENTITIES
SUBJECT: RECEIPT OF CORRESPONDENCE PROCEDURES, OPERATION REQUESTS, AND ACCREDITATION OF SIGNATURES AT THE BCB SINGLE WINDOW OF CORRESPONDENCE

Ladies and Gentlemen:

Starting March 11, 2013, public and financial entities carrying out the aforementioned procedures with the Central Bank of Bolivia (BCB) must comply with the following provisions:

1. RECEIPT OF GENERAL CORRESPONDENCE PROCEDURES

Correspondence procedures and operation requests will be received at the BCB Single Window of Correspondence (VUC) on all business days from 08:30 to 18:00.

Requests to obtain account balance information must be signed by persons accredited with authorized signatures.

2. RECEIPT OF OPERATION REQUEST PROCEDURES

Operation requests will be received at the BCB VUC in original format, with the necessary attached documentation for this purpose.

Operation requests must be addressed to the corresponding operational management and include the classification and applicable deadline in the header. Requests will only be received if the signatures and stamps validating the documents and the times at which they are presented are those established in this Circular.

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Ayacucho y Mercado • Tel: (591-2) 2409090 • Casilla: 3118 bcb@bcb.gob.bo • La Paz - Bolivia

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2.1 Hours for receipt of operation request procedures

Operation request procedures will be received on business days during the hours of 08:30 to 18:00, observing the reception deadline hours established in the Annexes, according to the following detail:

• Classification A: 11:00
• Classification B: 13:00
• Classification C: 15:00
• Classification D: 16:00
• Classification E: 18:00

2.2 Control of authorized signatures in operation requests

Only operation requests duly signed and stamped by personnel who have an accredited signature at the BCB will be accepted. The replacement of a signature will not be accepted, nor will requests whose signatures or stamps do not match the records held at the VUC.

The VUC will verify the time of submission of the requests and that the signatures signing them are accredited with the BCB.

The BCB operational management offices will reject requests when the presented documentation has errors, alterations, or is incomplete. Requests will also be rejected for insufficient funds or when they do not meet the requirements and rules established to carry out the operations.

2.3 Documents directed to Treasury (Cashier)

Cash and/or check operation requests will be delivered directly to the Treasury Sub-Management according to the following schedule:

• Receipt of third-party checks: 13:00
• Payment of checks to the financial system, receipt of cash deposits from the financial system, deposits for legal reserves, and withdrawal of cash via Payment Order: 16:00
• Cash desk service, direct sale of securities: 17:00
• Sale of coins, sale of dollars, securities operations, receipt of cash deposits from the general public: 18:00

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Ayacucho y Mercado • Tel: (591-2) 2409090 • Casilla: 3118 bcb@bcb.gob.bo • La Paz - Bolivia

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3. ACCREDITATION OF AUTHORIZED SIGNATURES

3.1 Accreditation

The procedure to accredit authorized signatures will be carried out at the BCB VUC, from Monday to Friday during the hours of 08:30 to 18:00.

The note for the accreditation of an authorized signature must be signed by the account holder, detailing the name and position of the official being accredited, attaching the Accreditation Card of authorized signatures provided by the BCB, the original document of their appointment or a photocopy legalized by the competent authority, and a simple photocopy of their identity card.

3.2 Accreditation of authorized signatures for public entities

Accreditations will be performed for each account and must indicate the name and number of the account.

3.3 Accreditation of authorized signatures for private entities

Notes for requests for accreditation of authorized signatures must be signed by the highest authority of the entity.

Institutions accrediting the signatures of their officials must detail: signature, first and last names, positions, category or group of the officials authorized to sign operation request procedures.

Authorized signatures must be accredited by the BCB at least 24 hours prior to the submission of operation request procedures.

Public and private entities must keep their accredited authorized signatures with the BCB up to date. Accreditations of persons who are accredited in another entity or in another position within the same entity will not be accepted without the respective cancellation.

All previous provisions prior to this Circular are hereby repealed.

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Ayacucho y Mercado • Tel: (591-2) 2409090 • Casilla: 3118 bcb@bcb.gob.bo • La Paz - Bolivia

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OPERATION REQUEST RECEIPT SCHEDULE

CLASSIFICATION "A"
RECEPTION DEADLINE: 11:00

AREA	TYPE OF OPERATION
MONETARY OPERATIONS MANAGEMENT
OPEN MARKET OPERATIONS SUB-MANAGEMENT	Request from the General Treasury (TGN) for debit of its accounts, for payment of maturities of "C" Macros type titles and/or coupons.
	Request from the TGN for debit of its accounts, for cancellation of LT "A" and LT "B" (Interest and/or capital amortization)
	Request from the TGN for debit of its accounts for the collection of commissions for the administration of "C" Securities.
	Request for credit to current or reserve accounts to the order of the last holders for payment upon maturity of public securities and/or Early Cancellations.
	Authorization for debit to the current or reserve accounts of the liquidating bank for the amount of 2% of the nominal value adjudicated as guarantee, for Non-Bank Financial Entities that do not possess accounts at the BCB.
	Authorization for debit by the Liquidating Bank for the placement of adjudicated securities for Non-Bank Financial Entities that do not possess accounts at the BCB
PUBLIC SECTOR OPERATIONS SUB-MANAGEMENT
SPECIAL ACCOUNTS DEPARTMENT	Foreign currency transfer abroad for the Public Sector
INTERNATIONAL OPERATIONS MANAGEMENT
EXTERNAL OPERATIONS SUB-MANAGEMENT
FOREIGN EXCHANGE OPERATIONS AND AGREEMENTS DEPARTMENT	Request for foreign currency transfer abroad for the Public Sector

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Ayacucho y Mercado • Tel: (591-2) 2409090 • Casilla: 3118 bcb@bcb.gob.bo • La Paz - Bolivia

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OPERATION REQUEST RECEIPT SCHEDULE

CLASSIFICATION "B"
RECEPTION DEADLINE: 13:00

AREA	TYPE OF OPERATION
MONETARY OPERATIONS MANAGEMENT
PUBLIC SECTOR OPERATIONS SUB-MANAGEMENT
SPECIAL ACCOUNTS DEPARTMENT	Request for transfer to/from Special Accounts (ME)
	Request for transfer of Prevision Accounts (Guarantee Funds) in ME and MN
	Request for transfer of Accounts: Transitory and Titles in ME and MN
	Request for redemption of Bills of Exchange and Treasury Bonds
	Request from the Ministry of Finance and Public Credit (MEFP) for sale of foreign currency to Public Entities
	Request for transfer to/from Other Accounts in Foreign Currency (M.E.)
	Request for cancellation of commissions - Dialogo 2000
	Request for disbursement of BCB Credits

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Ayacucho y Mercado • Tel: (591-2) 2409090 • Casilla: 3118 bcb@bcb.gob.bo • La Paz - Bolivia

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OPERATION REQUEST RECEIPT SCHEDULE

CLASSIFICATION "C"
RECEPTION DEADLINE: 15:00

AREA	TYPE OF OPERATION
MONETARY OPERATIONS MANAGEMENT
PUBLIC SECTOR OPERATIONS SUB-MANAGEMENT
PUBLIC SECTOR OPERATIONS DEPARTMENT	Request from the financial system for transfer to TGN accounts
	Transfer Orders (OT's) for customs collections
INTERNATIONAL OPERATIONS MANAGEMENT
EXTERNAL OPERATIONS SUB-MANAGEMENT
FOREIGN EXCHANGE OPERATIONS AND AGREEMENTS DEPARTMENT	Request from the financial system for purchase of USD through the Exchange Pool (Bolsín)
	Request for sale of foreign currency to public entities via payment orders, transfers to financial system accounts, issuance of international checks
FINANCIAL ENTITIES MANAGEMENT
OPERATIONS SUB-MANAGEMENT
OPERATIONS DEPARTMENT	Request for cash withdrawal by non-bank entities with reserve accounts at the BCB (attaching photocopy of ID)

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Ayacucho y Mercado • Tel: (591-2) 2409090 • Casilla: 3118 bcb@bcb.gob.bo • La Paz - Bolivia

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OPERATION REQUEST RECEIPT SCHEDULE

CLASSIFICATION "D"
RECEPTION DEADLINE: 16:00

AREA	TYPE OF OPERATION
INTERNATIONAL OPERATIONS MANAGEMENT
EXTERNAL OPERATIONS SUB-MANAGEMENT
FOREIGN EXCHANGE OPERATIONS AND AGREEMENTS DEPARTMENT	Request for foreign currency transfer from abroad for the financial system
	Request for foreign currency transfer abroad for the financial system with value date for the following day.
	Requests for reimbursements from account "A" of CPCR - ALADI
	Communications from the financial system regarding issuances, amendments, and cancellations for operations in CPCR - ALADI
	Request from the public sector for the opening of a letter of credit
EXTERNAL DEBT DEPARTMENT	Request for payment of public external debt, with a subsequent value date
	Request for debit in financial system accounts for payment of external debt
	Request for disbursements for external debt
MONETARY OPERATIONS MANAGEMENT
PUBLIC SECTOR OPERATIONS SUB-MANAGEMENT
PUBLIC SECTOR OPERATIONS DEPARTMENT	Request from the TGN for credit to Current and Reserve Accounts and Fiscal Current Accounts in Banks.

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Ayacucho y Mercado • Tel: (591-2) 2409090 • Casilla: 3118 bcb@bcb.gob.bo • La Paz - Bolivia

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OPERATION REQUEST RECEIPT SCHEDULE

CLASSIFICATION "E"
RECEPTION DEADLINE: 18:00

AREA	TYPE OF OPERATION
FINANCIAL ENTITIES MANAGEMENT
RECOVERIES AND ASSET REALIZATION SUB-MANAGEMENT
ASSET REALIZATION DEPARTMENT	Request for Operations under FONDESIF Service Provision Contract
	Request from the General Treasury of the Nation for debit to its account for cancellation of negotiable instruments
	Request for operations of Santa Cruz Mercantile Bank (former mandate), BDP SAM and BUN
ASSET RECOVERY DEPARTMENT	Request for disbursements in favor of public entities with resources from the former INALPRE programs
OPERATIONS SUB-MANAGEMENT
OPERATIONS DEPARTMENT	Request for operation - Report of Funds in custody for Legal Reserve (Annex 1 and 2) General Consolidated (only in approved SIPAV contingency)
	Request for recoveries of BCB portfolio from correspondents
	Request for transfer of funds from non-SIPAV participating entities to current and reserve accounts, current accounts and reserve accounts of the financial system
	Requests and cancellations of liquidity credits guaranteed by the RAL Fund for non-SIPAV participants
	Transfer of funds from own accounts opened at the BCB by non-SIPAV participants
	Request for transfer of funds/liquidity credits guaranteed by the RAL Fund by SIPAV participants (only in approved SIPAV contingency)
MONETARY OPERATIONS MANAGEMENT
PUBLIC SECTOR OPERATIONS SUB-MANAGEMENT
PUBLIC SECTOR OPERATIONS DEPARTMENT	Request from the TGN to carry out (or suspend) operations with a schedule, with at least 24 hours' advance notice
SPECIAL ACCOUNTS DEPARTMENT	Submission by the EDV of the list of dematerialized securities to be paid
OPEN MARKET OPERATIONS SUB-MANAGEMENT	Submission by the EDV of communication of maturities of dematerialized securities with list of last holders to be paid.
	Submission by the EDV of the report of Cancellation of Dematerialized Securities.

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Ayacucho y Mercado • Tel: (591-2) 2409090 • Casilla: 3118 bcb@bcb.gob.bo • La Paz - Bolivia