Regulatory Alerts2012-05-29 | SGDB N° 028/2012Added · Updated
SGDB No. 028/2012
The Central Bank of Bolivia mandates that the Clearing and Settlement Chamber Administrator activate Automated Clearing House (ACH) compensation cycles on Saturdays, Sundays, and holidays from 09:00 to 19:00, effective June 1, 2012. These cycles are settled alongside the third cycle of Fridays within the High-Value Payment System (SIPAV). The document specifies settlement windows for net debtor positions (09:00 to 11:30) and net creditor positions (11:31 to 12:00), updating the SIPAV Operational and IT Guide (v.2.0) to reflect these mandatory operating hours for SIPAV participants.
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