How to make an international payment as a business in Bolivia

Short answer: you need an authorised entity to execute the transfer (a bank, or a payment provider authorised by ASFI or holding a Certificate of Adequacy), your company's documents and your supplier's invoice. Before paying, ask for a quote with the amount, the exchange rate, the fee and how long the quote is valid; afterwards, keep the receipt and the SWIFT confirmation.

What options does a business have to pay abroad?

You have three routes: a bank, a payment provider authorized by ASFI, or an informal intermediary. The first two give you regulated backing and a formal receipt; the informal route offers neither and carries most of the fraud risk.

Step by step: how to make an international transfer from Bolivia

1. Confirm your supplier's details: beneficiary, bank, account number or IBAN, and SWIFT code.
2. Prepare the invoice or pro forma: it must match the amount, the currency and the beneficiary.
3. Choose an authorized entity and submit the company documents it requests (KYB). These usually include your NIT (tax ID), commercial registration, articles of incorporation, and the legal representative's power of attorney and ID.
4. Ask for a complete quote: amount, exchange rate, fee and how long the quote is valid.
5. Confirm and fund the payment.
6. Ask for the SWIFT confirmation, the proof that your payment was sent.
7. Keep the records: receipt, SWIFT confirmation and account statement, for your accounting and customs procedures. You will also receive an invoice for the fee.

How much does an international payment really cost?

The real cost has three parts: the exchange rate, the fee (including possible charges from intermediary banks) and time, because a delayed payment can hold up your shipment. Always compare the total in bolivianos, not just the published fee.

How to pay your supplier in China from Bolivia

China was Bolivia's largest source of imports in 2025, with 24% of the total, about US$2.41 billion (INE data, compiled by IBCE).

• Confirm the currency: most Chinese suppliers invoice in US dollars.
• Plan the deposit and the balance: the balance is usually paid before shipment or against the bill of lading.
• Use the beneficiary's exact name and pay only to company accounts (never to accounts in a person's name).
• Pay ahead of Chinese New Year and Golden Week, when banks and factories shut down.

How to avoid fraud in international payments

The most common fraud is a supplier's bank account being changed at the last minute. Verify any change by calling your supplier on a number you already had, be wary of urgent requests, and check that your payment provider is authorized by ASFI or holds a Certificate of Adequacy on the public lists of ASFI.

Pay abroad with Rampa

Rampa pays your suppliers abroad, including suppliers in China. You request a quote by WhatsApp or at rampapay.com, confirm it, Rampa pays, and you track the status in real time, with a downloadable receipt, SWIFT confirmation and account statement. Rampa makes payments documented, traceable and ready for your company's control processes.

Do you work with USDT? You can also convert bolivianos or dollars to USDT, or USDT to dollars or bolivianos, with the same complete quote.

Request your quote by WhatsApp at +591 74177714 or at rampapay.com.

Financial Technology Company Rampa Tech S.R.L. holds a Certificate of Adequacy issued by ASFI to operate.

Frequently asked questions

How long does an international payment take?

It depends on the destination, the currency, the time you confirm and the intermediary banks. Cut-off times, holidays and incorrect details are the most common causes of delay, so always ask for the delivery time in your quote.

Which exchange rate applies to my payment?

The one in your quote. At Rampa we quote at the day's market exchange rate, not the Central Bank's official rate; check how long your quote is valid.

Can I pay my supplier with USDT?

Yes, if your supplier accepts it. At Rampa you can convert bolivianos or dollars to USDT for that payment. First confirm the network and their wallet address, and verify any change to those details by phone.

What is the SWIFT confirmation?

It is the message confirming that the transfer was sent. SWIFT is a messaging network between banks: it doesn't move the money, but it lets you track the payment with your supplier.

How do I know if a payment provider is trustworthy?

Check that it is authorized by ASFI or holds a Certificate of Adequacy, that it gives you formal receipts and that it tells you the total cost before you pay.