Make Payments in BOB - Bolivian Boliviano
Pay in Bolivian Bolivianos (BOB)
Mondial Change allows you to make international payments in BOB (Bolivian Boliviano) with ease. Manage your Bolivian Boliviano beneficiaries, track your transactions in real-time, and enjoy a secure online platform. We do not apply any exchange commission on your BOB operations (a spread is applied on the exchange rate, which slightly degrades the interbank rate on the currency pair traded). Your client rate is always communicated transparently before the validation of each of your transactions.
Receive Payments in Bolivian Boliviano (BOB)
It is currently not possible to receive payments in BOB.
Mondial Change Answers All Your Questions About Payments in Bolivian Bolivianos (BOB)
What is the timeframe for a BOB payment to be credited to the beneficiary's account?
It generally takes a minimum of 2 business days for a Bolivian Boliviano transfer to be credited to the beneficiary's account. However, these timeframes are not contractual, and our partners responsible for executing and routing payments cannot be held liable if BOB payments are credited beyond 2 business days to the beneficiary's account. External events such as processing times by intermediary banks, public holidays, execution time, or compliance checks can significantly impact payment receipt times.
What are the fees for a payment in Bolivian Boliviano (BOB)?
The fees applied to transfers in Bolivian Boliviano (BOB) generally range from 0 to 10 euros, depending on the agreement with Mondial Change's trading desk. The rate primarily depends on your annual BOB exchange volume and the number of Bolivian Boliviano payments made during the year.
Are there minimum or maximum amounts for payments in Bolivian Boliviano (BOB)?
Mondial Change and its partners verify that your Bolivian Boliviano flows are consistent with the data declared during account opening and align with your activity volume to ensure compliance and security. If there are restrictions on transaction volumes, they will be communicated to you well in advance of your operations' validation.
What are the specific rules for executing a payment in Bolivian Boliviano (BOB)?
For BOB payments via the SWIFT network, you must provide at least the following information:
• Full name of the beneficiary
• Complete address of the beneficiary
• Local account number
• SWIFT code of the beneficiary's bank
Is it possible to modify a payment in Bolivian Boliviano (BOB) after it has been executed?
Yes, it is possible with some of our partners to modify a payment in Bolivian Boliviano (BOB) even after it has been sent via SWIFT. If you have, for example, made an error in the beneficiary's name or account number, the correction is made through a SWIFT amendment. If the payment was not executed via the SWIFT network, then such amendments are not possible, and you must wait for the payment to be returned if applicable.
What are the public holidays when payments in Bolivian Boliviano (BOB) cannot be executed?
January 1st: New Year's Day (Año Nuevo)
January 22nd: Plurinational State Day (Día del Estado Plurinacional)
Variable date: Carnival (Monday and Tuesday of Carnival)
Variable date: Good Friday (Viernes Santo)
May 1st: Labor Day (Día del Trabajador)
Variable date: Corpus Christi
June 21st: Andean-Amazonian New Year (Año Nuevo Andino Amazónico)
August 6th: Independence Day (Día de la Independencia)
November 2nd: Day of the Dead (Día de los Difuntos)
December 25th: Christmas (Navidad)
History of the Boliviano
The Boliviano (BOB) has been the official currency of Bolivia since 1987. It replaced the old Bolivian peso at a rate of 1 Boliviano for 1 million pesos, in a context of combating hyperinflation. The Boliviano is issued by the Central Bank of Bolivia and is subdivided into 100 centavos. It is currently the only legal tender in the country, used for all internal commercial and administrative transactions.
Monetary Policy of the Boliviano
The Central Bank of Bolivia (Banco Central de Bolivia) is responsible for monetary policy. It ensures currency stability, controls inflation, and manages foreign exchange reserves effectively. The BOB operates under a managed exchange rate regime, with significant central bank intervention in the currency market. It uses interest rates, refinancing instruments, and credit regulation to maintain monetary balance and support national economic development.
Characteristics of the Boliviano
The Boliviano (BOB) is not a freely convertible currency internationally, but it remains fully functional for operations via SWIFT. Banknotes are issued in various denominations and feature modern security elements, including watermarks, special inks, and tactile effect printing. The Bolivian banking system is relatively stable and connected to major international networks, enabling cross-border payments, particularly in the mining, textile, agricultural, and industrial sectors.