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Bolivian bank account

How to properly link an account in national currency

Updated over 5 months ago

Before linking an account, make sure that your account is verified and tax information is added. Freelancer's personal data is a mandatory requirement for transfers to a Bolivian bank account.

  • To check the verification status or start account verification, open Personal details section of the menu.

  • To enter tax information use the instructions below.

Linking a national currency account

To link a Bolivian bank account, go to Finances, select tab Payment methods, and click Bank account.

Important! The freelancer's name, taxpayer ID, and residential address must match those of the account's beneficiary. The bank account must be denominated in the national currency. Bank Accounts in other currencies cannot be used for payments.

An SMS with a confirmation code will be sent to your phone. After you enter the code, select your bank and provide the bank account details:

  • Choose your bank in the Bank drop-down menu. List of supported banks see below.

  • Fill in the Bank account number. It must not exceed 15 digits, and for the certain banks is as follows:

    • Banco Mercantil: 10 digits

    • Banco Nacional de Bolivia: 10 digits

    • Banco Unión: 14 digits

  • Check the box to agree to the Terms of Use and the Privacy Policy.

  • Save your account details by clicking Link.

Depending on the freelancer’s tax status, transfers to a Bolivian bank account may be a subject to tax withholding. That means making payments to a Bolivian bank account requires tax information.

Adding Tax Information

  • In your account, go to Finances and select the tab Tax information

  • Click Document type and select your document type. If you have passed verification with one of these documents, then choose that one:

    • СI - Cédula de identidad)

    • CE (Cédula de Identidad de extranjero)

    • NIT (Número de Identificación Tributaria). Please note that a legal entity's (company's ) RN number cannot be used for payouts.

  • Enter the document number of the chosen document under the Document number or code:

    • CI: the number is 8 digits

    • CE: the number starts from E- and then 8 digits ( example: E-12345678)

    • NIT: the number is up to 15 digits. Please note that a legal entity's (company's ) RN number cannot be used for payouts.

  • Carefully review the data and press Enter tax information.

List of supported Bolivian banks

Bank Name

Banco Mercantil

Banco Nacional de Bolivia

Banco de Crédito de Bolivia

Banco Do Brasil

Banco BISA

Banco Unión

Banco Económico

Banco Solidario

Banco Ganadero

Banco Los Andes Pro Credit

Mutual la Primera

Mutual Guapay

Mutual la Promotora

Mutual el Progreso

Mutual La Plata

Mutual Potosí

Mutual la Tarija

Mutual Paititi

Mutual del Pueblo

Mutual Pando

Mutual Manutata

Cooperativa Jesús Nazareno

Cooperativa San Martin

Cooperativa Fátima

Cooperativa San Pedro

Cooperativa Loyola

Cooperativa Hospicio

Cooperativa San Antonio

Cooperativa PIO X

Cooperativa Incahuassi

Cooperativa Quillacollo

Cooperativa San Jose de Punata

Cooperativa Trinidad

Cooperativa Comarapa

Cooperativa San Mateo

Cooperativa El Chorolque

Cooperativa Educadores Gran Chaco

Cooperativa Catedral

Magisterio Rural

Cooperativa San Joaquín

Cooperativa Trapetrol Oriente

Nacional Financiera Boliviana SAN

Financiera Acceso La Paz

Fondo Financiero de la Comunidad

Banco FIE

Banco Fassil

Banco Ecofuturo

Banco Fortaleza

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