Regulatory Alerts2016-10-31 | SGDB N° 039/2016Added · Updated
SGDB No. 039/2016: Operational Hours for Tuesday, November 1, 2016
The Central Bank of Bolivia establishes modified operational hours for various financial transactions on Tuesday, November 1, 2016, in compliance with the continuous schedule mandated by the Ministry of Labor, Employment and Social Security. The directive specifies distinct time windows for fund transfers, USD sales, securities transactions, and payment system operations, affecting financial entities, public and private institutions, and participants in the Interbank Payment System (LIP). Key deadlines include a 14:00 cutoff for foreign fund transfers and a 16:00 end time for public counter services, with specific cycles defined for payroll payments and limit increases across different payment networks.
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