Regulatory Alerts2014-04-29 | SGDB N° 014/2014Added · Updated
SGDB No. 014/2014
The Central Bank of Bolivia increases the maximum limit for operations with electronic payment instruments associated with payment accounts (mobile wallets) from one and a half national minimum wages to two and a half national minimum wages. This change applies to financial intermediation entities and payment service provider companies. The amendment becomes effective immediately upon the issuance of the circular.
B.C.B. / DGD-VUC 2014 APR 30 AM 10: 56 CORRESPONDENCE GENERAL
EXTERNAL CIRCULAR OF THE CENTRAL BANK OF BOLIVIA
La Paz, April 29, 2014 SGDB No. 014/2014
FROM: GENERAL MANAGEMENT FINANCIAL ENTITIES MANAGEMENT TO: FINANCIAL INTERMEDIATION ENTITIES AND PAYMENT SERVICE PROVIDER COMPANIES SUBJECT: REVIEW OF THE LIMIT AMOUNT FOR OPERATIONS WITH ELECTRONIC PAYMENT INSTRUMENTS ASSOCIATED WITH PAYMENT ACCOUNTS
Ladies and Gentlemen:
In accordance with Article 9 of the Regulation on Electronic Payment Instruments, the limit amount per operation with electronic payment instruments associated with payment accounts (mobile wallet) has been reviewed and it has been determined to increase it from one and a half national minimum wages to two and a half national minimum wages.
This provision enters into force from the moment of issuance of this Circular.
Sincerely,
[Signature] MMV/RPR/PMS/JCS/jkt.
Ayacucho y Mercado • Tel:(591-2) 2409090 • P.O. Box: 3118 www.bcb.gob.bo • bcb@bcb.gob.bo • La Paz-Bolivia