What is ASFI (Autoridad de Supervision del Sistema Financiero de Bolivia)?

ASFI is the authority that supervises Bolivia's financial system. It watches banks, insurers, credit organisations, pension managers and co-operatives, so that customer money is held under rules and firms report to it. A provider can point you to its ASFI registration, which tells you the business is supervised rather than informal. If a seller cannot name the authority or its registration, that is a reason to weigh the deal more carefully before you commit.