Requirements and documents for a business account in Bolivia

Snapshot

To open a business account in Bolivia a bank generally needs proof that the company is registered and tax registered, plus identification for the people behind it. As of 9 March 2026, that usually means the NIT tax certificate, the commercial registration now issued through SEPREC, the constitution documents and any amendments, a power of attorney where representatives act, and identity documents for the legal representative and beneficial owners. The exact list varies by bank and company type, so confirm it with the bank before applying.

Tax registration: A current NIT certificate from the Servicio de Impuestos Nacionales. Confirm validity with the bank, as of 9 March 2026.
Commercial registration: The matricula de comercio, now issued through SEPREC. Banks ask for an up to date registration.
Company documents: Constitution testimony and any later amendments, plus a power of attorney where used.
People: Identity documents for the legal representative and beneficial owners, plus compliance checks.

Fees and features as of 9 March 2026Last reviewed 9 March 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Opening a business account in Bolivia rests on a few core documents. A bank generally wants to see that the company is tax registered through a current NIT certificate from the Servicio de Impuestos Nacionales, that it is entered in the commercial registry, now operated by SEPREC, through an up to date matricula de comercio, and that the people behind it are identified. As of 9 March 2026, banks also ask for the constitution documents and any amendments, a power of attorney where representatives act for the company, and identity documents for the legal representative and beneficial owners, along with compliance checks. The exact list varies by bank and company type, so confirm it before applying.

What documents a business account needs in Bolivia

Bolivian banks build their checklist around proving the company exists, is tax registered, and is controlled by identified people. The starting points are the NIT tax certificate and the commercial registration. From there the bank looks at the company structure and the people who can act for it. Because requirements differ between banks such as Banco Mercantil Santa Cruz, Banco Nacional de Bolivia, Banco BISA, and Banco de Credito de Bolivia, and between company types, treat the list below as the common core and confirm the exact documents with your bank.

Company registration and tax documents

Expect to provide a current NIT tax certificate, which the Servicio de Impuestos Nacionales issues and which can be obtained in digital form, and the commercial registration. The commercial registry in Bolivia is now operated by SEPREC, which took over from the former concessionaire, and the matricula de comercio is the registration banks ask to see. Banks usually also want the constitution testimony registered with the commercial registry and copies of any later amendment or clarification testimonies. As of 9 March 2026, confirm which certificates and what validity period the bank requires.

People and authority

The bank will identify the people who own and run the company. That generally means identity documents for the legal representative and for the beneficial owners, and, where representatives act on behalf of the company, a power of attorney registered with the commercial registry. Foreign owners and representatives provide their identity documents and, where they are present in Bolivia, the relevant foreigner identity document. As of 9 March 2026, banks run compliance and source of funds checks as part of this, so allow time for them.

Documents to gather before you apply

The current NIT tax certificate and the up to date matricula de comercio from SEPREC.
The constitution testimony, any amendment testimonies, and a power of attorney where representatives act.
Identity documents for the legal representative and beneficial owners, ready for the bank compliance checks.

We do not list a business account that is confirmed available to business customers registered in Bolivia through an affiliate as of 9 March 2026. Bolivian banks publish their own document checklists, built around the NIT, the commercial registration, the company documents, and identification of the people behind the business. See the related guides below, and verify the exact requirements directly with the provider. More country detail is on the Bolivia country guide.

Questions about requirements in Bolivia

What documents are needed to open a business account in Bolivia?

Banks typically ask for the company NIT tax certificate, the commercial registration now issued through SEPREC, the constitution documents and any amendments, a power of attorney where representatives act for the company, and identification for the legal representative and beneficial owners. As of 9 March 2026 confirm the full list with the bank, as it varies by bank and company type.

Do I need a NIT to open a business account in Bolivia?

Yes. A current NIT tax certificate, issued by the Servicio de Impuestos Nacionales, is a standard requirement, and the company must also be registered with the commercial registry. As of 9 March 2026 confirm the exact certificates and their validity period with the bank.

What is the matricula de comercio and who issues it?

The matricula de comercio is the commercial registration that confirms a company is registered to trade. The commercial registry in Bolivia is now operated by SEPREC, which took over from the former concessionaire. As of 9 March 2026 banks ask for an up to date registration. Confirm the current document with the bank.

Can the documents be submitted digitally in Bolivia?

Parts of the process, such as the commercial registration through the SEPREC portal and a digital NIT certificate, can be handled online, but the bank account opening itself usually involves the bank directly. As of 9 March 2026 confirm which steps can be completed digitally with the bank and the registry.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 9 March 2026. Confirm current terms with the provider before applying.