Bolivia

Learn more about currency, payment methods, processing times, and other essential details for operating in Bolivia with Localpayment. This guide provides a comprehensive overview of everything you need to know to integrate and optimize your payment processing in this market.

Country Overview

Essential information about Bolivia:

Country Code (2 digits)Country Code (3 digits)Currency CodeNumber of decimals
BOBOLBOB2


Supported Card Networks

Localpayment supports these card networks in Bolivia:

Credit Cards

  • Visa


Payment methods

Localpayment offers a range of Payin and Payout methods in Bolivia:

Incoming Payments (Payins)

Available methods for receiving funds:


Bank Transfer

MethodMin AmountMax AmountPayment Method CodePayment ConfirmationWorking HoursExecution Notification TimeCut-Off
QR1.001,000,000.001150Asynchronous24 hReal Time-
Payin Bank Transfer1.001,000,000.001199

Credit Card

MethodMin AmountMax AmountPayment Method CodePayment ConfirmationWorking HoursExecution Notification TimeCut-Off
Visa0.006,000,000.001711

Outgoing Payments (Payouts)

Available methods for disbursing funds:


Payout Bank Transfer

MethodMin AmountMax AmountPayment Method CodeCut-Off (GMT-3)Execution Time (Days)Notification Time (Days)
SCP1.009,999,999.00002015 ht+0t+0


Supported Document Types

Localpayment accepts these document types for verification in Bolivia:

Document TypeDescriptionID for individuals and/or legal entitiesLengthDocument ID Example
CICedula de IdentidadPhysical Person
CECedula de Identidad de ExtranjeroPhysical Person
NITNumero de Identificación TributariaPhysical Person and Legal Person


Bank account types

Bolivia uses the following bank account types for transactions. Ensure you provide the correct account details when processing payments.

Bank Account TypeNameLengthExample
C7-141234567
S7-1487654321


Holidays

Plan your transaction processing around these national holidays in Bolivia:

HolidayDate
New Year's DayJanuary 1
Plurinational State Foundation DayJanuary 22
CarnivalMarch 3
CarnivalMarch 4
Easter ThursdayApril 17
Easter FridayApril 18
Labour DayMay 1
Corpus ChristiJune 19
Aymara New YearJune 21
Independence DayAugust 6
All Souls' DayNovember 2
Christmas DayDecember 25


Supported Banks

Below is a list of banks in Bolivia that are supported by Localpayment:

  • Banco BISA
  • Banco de Crédito de Bolivia
  • Banco de la Nacion Argentina
  • Banco Do Brasil
  • Banco Ecofuturo
  • Banco Económico
  • Banco Fassil
  • Banco FIE
  • Banco Fortaleza
  • Banco Ganadero
  • Banco Mercantil
  • Banco Nacional de Bolivia
  • Banco Solidario
  • Banco Unión
  • Billetera Móvil de Entel
  • Cooperativa Catedral
  • Cooperativa Comarapa
  • Cooperativa Educadores Gran Chaco
  • Cooperativa El Chorolque
  • Cooperativa Fátima
  • Cooperativa Jesús Nazareno
  • Cooperativa La Merced
  • Cooperativa Loyola
  • Cooperativa PIO X
  • Cooperativa Quillacollo
  • Cooperativa San Antonio
  • Cooperativa San Jose de Punata
  • Cooperativa San Martin
  • Cooperativa San Mateo
  • Cooperativa San Pedro
  • Cooperativa Trinidad
  • Institucion Financiera de Desarrollo
  • Magisterio Rural
  • Mutual el Progreso
  • Mutual la Primera
  • Mutual la Promotora
  • Tigo Money (billetera movil)