Regulatory Alerts2016-07-06 | SGDB N° 031/2016Added · Updated
SGDB No. 031/2016
The Central Bank of Bolivia introduces a new LIP operation code E35 for transfers to beneficiaries for securities settlement, allowing brokerage agencies to transfer funds between accounts in the same currency with structured instructions for end-user appropriation on the same day. All transfers executed under this operation must be applied to the final beneficiaries' accounts on the day of the transaction. Brokerage agencies participating in the LIP system are required to add this operation to their valid digital certificates.
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