Bolivia · Money and banking

Money and banking in Bolivia for foreigners

Source-checked79 sources, 68 officialHow we check

Last checked: 12 Nov 2026Some rules are still being checked

In brief

The 0.30% tax on bank transactions ended in April 2026. The hard part is a bank account: applicants say banks ask for a resident ID.

CurrencyBoliviano (BOB)
Bank transaction taxAbolished in 2026
Bank accountUsually needs a resident ID
Cash at the borderRules being checked

Money and banking: the transaction tax is gone, accounts are the hard part

TopicWhat we knowStatus
Bank accountApplicants say banks ask for a foreign resident card (CIE). Which banks take tourists isn't confirmed yet.Reported by applicants
Cash at the borderReportedly, you must declare more than $10,000.Not yet verified
US dollars and exchange ratesNot confirmed yet.Not yet verified

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