Limited companies in Bolivia, formed as an SRL or an SA, open a corporate account at a full service bank such as Banco Mercantil Santa Cruz, Banco Nacional de Bolivia, or Banco BISA. The company must be registered and hold a tax number before opening the account.
Suits LLC and Corporations best
Banco Mercantil Santa Cruz, Banco Nacional de Bolivia, or Banco BISA for corporate accounts and treasury services.
Typical monthly fee
Varies by bank and account type; foreign currency access is limited during the current shortage. Confirm current pricing with the provider.
Non resident position
A company registered in Bolivia with a tax number (NIT) and a local legal representative is normally required. Verify with the provider.
Providers that fit
Three covered here
Fees and features as of 10 August 2025Last reviewed 10 August 2025
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
A limited company in Bolivia is usually formed as a sociedad de responsabilidad limitada (SRL) or a sociedad anonima (SA). To open a corporate account it must be registered at the commercial registry, hold a tax number (NIT), and provide a power of attorney naming the authorised signatories. Full service banks such as Banco Mercantil Santa Cruz, Banco Nacional de Bolivia, and Banco BISA serve these companies. Note that foreign currency access is limited during the current dollar shortage. Information as of 10 August 2025, not advice.
What LLC and Corporations in Bolivia need from a business account
A registered company wants a corporate account that supports multiple signatories, payroll and supplier payments, and treasury services, with foreign currency handling where it trades abroad. In Bolivia the documents normally required are the articles of incorporation, the commercial registry certificate, the company bylaws, a tax number (NIT), and a power of attorney designating who may operate the account. The large banks cover these needs, though dollar access is constrained by the current foreign currency shortage.
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Banco Mercantil Santa Cruz
The largest bank in Bolivia, with a full corporate product range, though dollar access is constrained by the current shortage.
We do not list a business account that is confirmed available to LLC and Corporations in Bolivia through an affiliate as of 10 August 2025. Wise Business does not serve Bolivia. The local banks above provide corporate accounts and treasury services to registered companies, though foreign currency access is limited during the current dollar shortage. Compare these options directly, see the related guides below for markets where listed providers are available, and verify any option with the provider before applying.
Questions about banking for LLC and Corporations in Bolivia
What company types can open a business account in Bolivia?
The common limited forms are the sociedad de responsabilidad limitada (SRL) and the sociedad anonima (SA). Once registered at the commercial registry and holding a tax number (NIT), the company can open a corporate account at a full service bank. Information as of 10 August 2025, not advice.
What documents are required to open a corporate account?
Banks normally ask for the articles of incorporation, the commercial registry certificate, the company bylaws, a tax number (NIT), and a power of attorney naming the authorised signatories. Requirements vary by bank, so confirm before applying, as of 10 August 2025.
Can a foreign owned company open an account in Bolivia?
Yes, where the company is registered in Bolivia with a tax number and a local legal representative. Some banks, such as Banco BISA, are commonly used by foreign owned companies. Enhanced checks may apply, so confirm your case with the provider, as of 10 August 2025.
Can a Bolivian company hold dollars?
Banks offer foreign currency accounts, but dollar access is limited during the current shortage as of 10 August 2025, and the rate at which dollars are obtained varies. Confirm how a bank sources and pays out foreign currency before relying on a dollar account.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 10 August 2025. Confirm current terms with the provider before applying.