Regulatory Alerts2015-05-22 | SGDB N° 023/2015Added · Updated
SGDB No. 023/2015: Authorization of LINKSER in the Integrated Payment Clearing System (LIP) and Establishment of Guarantee Limits
The Central Bank of Bolivia authorizes LINKSER S.A. as a participant in the Integrated Payment Clearing System (LIP) effective May 25, 2015, enabling specific electronic transfer operations including liquidity credit requests and net position payments. The circular establishes procedures for financial entities to determine, communicate, and modify their Net Multilateral Position Limits (LPMND) for LINKSER operations, requiring written notification to the Financial Entities Management and digital certificate updates for operations E27, E36, and E38. Participants must submit initial requests by 18:00 on May 26, 2015, and may adjust limits via fund transfers or written requests during operational hours or weekends.