Announcements

Sl/No. Limit INR REMITTANCE/MCC DRAFTS(INDIA)
a Upto Nu.100,000 Nu.35/-
b Nu.100,001 to 1,000,000 Nu.2.00 per 1,000 (Min Nu.35 and Max Nu.2,000)
c Above Nu.1,000000 Nu.1.75 per 1,000 (Min. Nu.2,000 & Max. Nu.15,000)

 

 

Sl/No. Limit TT/BANKERS CHEQUE(WITHIN BHUTAN)
a Upto Nu.100,000 Nu.35/-
b Nu.100,001 to 1,000,000 Nu.1.25/- per 1000 (Min Nu.35 and Max Nu.1250)
c Above Nu.1,000000 Nu.1.00/- per 1000 (Min Nu.1250 and Max. Nu.10,000)

 

DD PURCHASE – BOTH GOVERNMENT & PUBLIC
Max. Nu.100

 

OC PURCHASE- BOTH GOVERNMENT & PUBLIC
0.5% of value (Max. Nu.20,000)

 

Sl/No. Limit COLLECTION OF CHEQUES AND DRAFTS WITHIN BHUTAN
a Upto Nu.100,000 Free
b Nu.100,001 to 1,000,000 Free
c Above Nu.1,000000 Free

 

1 . FOREX SERVICE CHARGES

Sl/No. Limit DOCUMENTARY LETTER OF CREDIT-IMPORT (BOTH FOREIGN CURRENCY & INDIAN RUPEE)
a Bill charges Bill charge 0.15% (Min. Nu.250) as opening
commission
b Commitment charges Commitment charge 0.75% on actual number of days up to the
validity of the credit (Min. Nu.250)
c Usage charges Usage charge 1.00% on actual number of days upto the
validity of the credit (Min. Nu.250)

 

2 . COLLECTION – IB/CBC (IN FC)

a IB including immediate credit 1% (Min. Nu.75)
b CBC – CHEQUES/DRAFTS SENT ON COLLECTION BASIS (IN FC)
i Upto Nu.10,000.00 Nu.40/-
ii Nu.10,001.00 to 100,000.00 Nu.4/- per 1000 & Min. Nu.40
iii Above 100,000.00 Nu.3.50/- per 1000 & Min. Nu.400 & Max. Nu.10,000

3 .PURCHASE / SALE OF USD TRAVELLERS CHEQUES

PURCHASE / SALE OF USD TRAVELLERS CHEQUES Commission @ 1% Nu. on equivalent value

 

4. REMITTANCES (IN FC)

a Drafts upto FC 1000.00 0.25% (Min. Nu.100)
b Drafts above FC 1000.00 0.25% (Min. Nu.250)
c Transfer via SWIFT 0.20% (Min. Nu.100) plus transmission charges of Nu.200 for TTs & Nu.700 for LCs
d Inward TT/ SWIFT remittance Free of Charge
e Outward TT/SWIFT remittance 0.20%
f Postage Charge Actual Postal fee (Nominal Nu. 200)

 

5. GENERAL CHARGES

a Loan application Nu.100/- per application
b Commitment fee/charges on unutilized amount of OD & WC Commitment fee/charges on unutilized amount of OD & WC 0.1%
c Statement charges if required for more than once in a month Nu.50/- per duplicate statement print
d Stop payment charge ( cheque & Draft) Stop payment charge for cheques
and drafts Nu.50 per instrument
e No due/Demand Certificate No due/Demand Certificate
f Presentation of usage bill for acceptance Nu.20/-
g Inquiry relating to old record of more than 12 months Nu.100/-

 

SERVICE CHARGE ON BANK ACCOUNT AND MINIMUM BALANCE

a Savings account Max. Nu.150 as annual account maintenance fee and minimum balance not required
b Current Account No maintenance fee but levy charges on cheque books
c Minimum balance in savings account Nu.500/-
d Minimum balance in current account Nu.1000/-

 

PENALTY FOR NON-MAINTENANCE OF MINIMUM BALANCE IN THE ACCOUNT

a SB A/c with cheque facility Nu.30
b SB A/c without cheque facility Free of charge

 

CANCELLATION/ ISSUANCE OF DUPLICATE/ REVALIDATION OF DRAFTS Nu.100/- per instrument

 

POSTAGE Actual basis

 

TELEPHONE Actual

 

CHEQUE BOOKS

a 50 leaves CA cheque book Actual cost of cheque book
b 25 leaves SA cheque book Actual cost of cheque book

 

LOCKER – YEARLY RENT

a Small Nu.1,000.00
b Medium Nu.1,200/-
c Big Nu.1,400/-
d Large Nu.2,000/-
e Extra Large Nu.2,400/-
f Super Large
g Security Deposits Twice the rent
h Lost Keys Nu.500/- plus actual cost of repair

 
SAFE CUSTODY- YEARLY FEE

a For Sealed Envelope Nu.200/- p.a* per Lodgment (per envelope)
b For Sealed Box( not exceeding size 20cm*14cm*9cm Nu.400/-p.a* per Lodgment (per Box)
c Bank’s Own Deposit Receipts/ Documents Nill

 
NEFT CHARGES

a Inward NEFT( receipt through NEFT) Free of charge
b outward NEFT( remittance through NEFT)
1 Up to Nu. 50,000/- Free of charge
2 Nu.50,000/- to Nu.100,000/- Nu.15
3 Nu.100,001/- to Nu.1000,000/- Nu.20
4 Nu.1000,001 and above Nu.35

BANK GUARANTEE CHARGES

a Below Nu.10 million EMD/Bank Guarantee 2% & 3% performance guarantee (Min. Nu.500). 1% commission with EMD
b Nu.10 to 50 million EMD/Bank Guarantee 2% & 3% performance guarantee (Min. Nu.500). 1% commission with EMD
c Nu.50 to 100million EMD/Bank Guarantee 2% & 3% performance guarantee (Min. Nu.500). 1% commission with EMD
d Nu.100 million & above EMD/Bank Guarantee 2% & 3% performance guarantee (Min. Nu.500). 1% commission with EMD
e Cancellation of Bank Guarantee Free of charges

 

Note1: The limits should be rounded up during calculation
Note2: One time handling charge of Nu.100/- will be recovered

 

ATM Withdrawal Limit Maximum of Nu.40,000/- per day

 

DEPOSITS/ WITHDRAWAL
INTER-BRANCH cash handling charges: 50% of the TT charges will be levied on cash withdrawals of Nu.1 million and above
 

FREE SERVICES

a 1st cheque book Free
b ATM withdrawal charges from any ATM within Bhutan Free
b SMS alerts Free
d Internet banking Free