  Charge ordering in the low-temperature monoclinic structure of iron oxoborate
(Fe2OBO3) is investigated using the local spin density approximation (LSDA)+U
method. While the difference between t_{2g} minority occupancies of Fe^{2+} and
Fe^{3+} cations is large and gives direct evidence for charge ordering, the
static "screening" is so effective that the total 3d charge separation is
rather small. The occupied Fe^{2+} and Fe^{3+} cations are ordered alternately
within the chain which is infinite along the a-direction. The charge order
obtained by LSDA+U is consistent with observed enlargement of the \beta angle.
An analysis of the exchange interaction parameters demonstrates the
predominance of the interribbon exchange interactions which determine the whole
L-type ferrimagnetic spin structure.
