SGDB No. 055/2014: Receipt of Requests for Operations at the Central Bank of Bolivia

B.C.B. / DGD-VUC

2015 ENE -5 PM 3:07

CORRESPONDENCE
DISPATCHED

EXTERNAL CIRCULAR OF THE CENTRAL BANK OF BOLIVIA La Paz, December 31, 2014 SGDB No. 055/2014

FROM: GENERAL MANAGEMENT
TO: PUBLIC SECTOR ENTITIES
SUBJECT: RECEIPT OF REQUESTS FOR OPERATIONS AT THE CBB

Ladies and Gentlemen:

Starting January 2, 2015, public sector entities requesting operations at the Central Bank of Bolivia (CBB) must comply with the following provisions:

1. Receipt of General Correspondence Procedures

Correspondence procedures and operational requests will be received at the CBB's Single Correspondence Window (VUC) on all business days from 08:30 to 18:30, according to Annex 1.

2. Receipt of Operational Request Procedures

Operational requests will be received at the CBB's VUC in original format, with the necessary attached documentation. These must be addressed to the corresponding operational Management and include the applicable deadline time in the header, according to the Annex to this Circular.

Requests will only be accepted if the signatures and seals validating the documents upon which they are presented are those established in this Circular.

3. Control of Authorized Signatures in Operational Requests

Only operational requests duly signed and sealed by personnel with accredited signatures at the CBB will be admitted. The replacement of signatures will not be accepted, nor will requests whose signatures or seals do not match the records held at the VUC. The VUC will verify the submission time of the requests and ensure that the signatures endorsing them are accredited with the CBB.

The CBB's operational Managements may reject requests when the presented documentation contains errors, alterations, is incomplete,

Ayacucho y Mercado • Tel: (591-2) 2409090 • P.O. Box: 3118 www.bcb.gob.bo • bcb@bcb.gob.bo • La Paz-Bolivia

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due to insufficient funds or when they do not meet the requirements and regulations established to carry out the operations.

4. Accreditation of Authorized Signatures

The procedure to accredit authorized signatures will be submitted at the CBB's VUC, from Monday to Friday during the hours of 08:30 to 18:30.

The note for the accreditation of an authorized signature must be signed by the Highest Authority of the Entity, detailing the name and position of the official being accredited, attaching the Signature Accreditation Card provided by the CBB, the original document of their appointment or a legalized photocopy, and a photocopy of the identity card.

Accreditations will be performed for each account and must indicate the denomination and account number.

Accreditations of persons who are already accredited in another entity or in another position within the same entity will not be admitted without the respective cancellation.

5. Receipt of Checks at Cashiers

Requests for the receipt of third-party checks will be received directly at the Treasury Sub-Management (Cashiers) until 13:00.

DET/SG/RPR/mlb

Ayacucho y Mercado • Tel: (591-2) 2409090 • P.O. Box: 3118 www.bcb.gob.bo • bcb@bcb.gob.bo • La Paz-Bolivia

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ANNEX 1

DEADLINE TIME TO PROCESS OPERATIONS
FOR THE PUBLIC SECTOR ON THE SAME DAY

Deadline Time 12:00

Type of Operation
Foreign Currency Transfer Abroad

Deadline Time 18:00

Type of Operation
Credit to Current and Reserve Accounts of Financial Entities
Credit to Fiscal Current Accounts at Banco Unión
Transfers to and from Special Accounts
Transfers to and from other accounts of the MEFP
Payment of Public External Debt with a value date subsequent to the transaction
Debit in MEFP accounts for payment upon maturity of their Securities
Disbursements of External Debt
Opening of Letters of Credit
Periodic Collection Operations (or their suspension) with 1 day's advance notice
Payment of Commissions to the CBB

Deadline Time 18:30

General Correspondence

Ayacucho y Mercado • Tel: (591-2) 2409090 • P.O. Box: 3118 www.bcb.gob.bo • bcb@bcb.gob.bo • La Paz-Bolivia