Regulatory Alerts2014-11-27 | SGDB N° 047/2014Added · Updated
SGDB No. 047/2014: Authorization of ATC in the Integrated Payment Settlement System and Establishment of Guarantee Limits
The Central Bank of Bolivia authorizes Administradora de Tarjetas de Crédito S.A. (ATC) to participate in the Integrated Payment Settlement System (LIP) effective December 1, 2014, enabling specific electronic transfer operations. The circular establishes procedures for participants to determine, communicate, and modify their Net Multilateral Position Limits (LPMND) with ATC, including deadlines for initial submissions by November 28, 2014. Participants are required to update their digital certificates to include ATC operations and adhere to specified communication hours for limit adjustments.
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