Regulatory Alerts2014-12-17 | SGDB N° 052/2014Added · Updated
SGDB No. 052/2014: Central Bank of Bolivia Participation in the Electronic Clearing House
The Central Bank of Bolivia (BCB) became a participant in the Electronic Clearing House in December 2014 to facilitate the remote sale of securities to individuals via its web system. Financial institutions participating in the clearing house are required to accept electronic transfer orders from individuals in favor of the BCB for the settlement of these purchases. The circular provides specific data fields, including the beneficiary account number format and contact details, necessary for processing these ACH transfers.
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