Foreign Exchange

Foreign Exchange business is handled by the Bank at its branches which are specifically authorised to transact such business. The Bank operates as an authorised dealer of foreign exchange in Bhutan. The guidelines for handling foreign exchange transactions are provided by the Royal Monetary Authority.

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RMA issues rate lists on daily basis of following specified foreign currencies.

  1. U.S. Dollar
  2. Pound Sterling
  3. Euro
  4. Japanese Yen
  5. Swiss Franc
  6. Hong Kong Dollar
  7. Canadian Dollar
  8. Danish Kroner
  9. Australian Dollar
  10. Singapore Dollar
  11. Norwegian Kroner
  12. Swedish Kroner

The various types of foreign exchange business conducted by the Bank are indicated below:-

  1. Sales and encashment of foreign currency notes of specified currencies.
  2. Encashment of Foreign Currency Travellers’ Cheques.
  3. Sale of U.S. Dollar Travellers’ Cheques.
  4. Issue and payment of foreign currency Drafts, Mail Transfers and Electronic Transfers (TTs).
  5. Purchase/negotiation/collection of personal cheques, bills, etc. expressed in foreign currency.
  6. Establishment of import documentary Letters of Credit.
  7. Maintenance of Foreign Currency Accounts in U.S. Dollars and EURO only.
  8. Purchase/negotiation/collection of export documents under documentary Letters of Credit.
  9. Cater to the export credit requirements of exporters.

For further information, please contact our nearest branch

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Foreign Exchange Rate
Note Buy Sell
US Dollar 65.90 68.05
Pound 82.20 84.50
Euro 70.00 71.95
Yen(100) 58.20 59.85
Swiss Franc 65.70 67.55
Hongkong Dollar 8.50 8.75
Canadian Dollar 50.30 51.75
Australian Dollar 50.55 51.95
Singapore Dollar 46.45 47.80
Danish Kroner 9.40 9.70
Norwegian Kroner 7.90 8.15
Swedish Kroner 7.40 7.60
      Exchange Rate for  21.02.2017  to 24.02.2017 (kindly note that the above mention rates are only for notes)
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