Encashment & Sales of FC Notes/T.Cs

The authorised branches of the Bank are permitted to encash foreign currency notes tendered by bonafide holders of such currency. A bonafide holder may be a foreign national carrying valid travel documents for his stay in Bhutan or a person resident in Bhutan/Bhutanese National coming back to the country after his stay abroad.
In addition to Phuentsholing Main Branch, Thimphu Main Branch and Paro Branch, eight more branches of the Bank have been authorised to convert foreign exchange (Travellers cheques and currency notes) into local currency. They are:

  1. Bumtha
  2. Trongsa
  3. Trashigang
  4. Mongar
  5. Gelephu
  6. Samtse
  7. Samdrup Jongkha
  8. City Branch, Thimphu

While Phuentsholing Main Branch and Thimphu Main Branch can convert into Ngultrums all major currencies (which have an active and wide market) the other branches mentioned above are authorised to convert into Ngultrums of the following currencies at the rates provided by the RMA.

  1. U.S. Dollar
  2. Pound Sterling
  3. Euro
  4. Japanese Yen
  5. Swiss Franc
  6. Hongkong Dollar
  7. Canadian Dollar
  8. Australlian Dollar
  9. Danish Kroner
  10. Singapore Dollar

The facility of reconversion of Ngultrums into Foreign currency will be available only with Phuentsholing Main Branch, Thimphu Main Branch and Paro Branch; other branches are NOT authorised to carry out reconversions.

Sale of USD Travellers Cheques
Commission : @1% flat on equivalent value.
For further information, please contact our nearest branch.

Foreign Exchange Rate
NoteBuySell
US Dollar54.8556.70
Pound82.6585.00
EURO70.6572.65
Yen(100)53.0554.55
Swiss Franc56.3557.95
Hongkong Dollar7.057.25
Canadian Dollar53.1054.65
Australian Dollar53.3054.80
ingapore Dollar43.3544.55
Danish Kroner9.509.75
Norwegian Kroner9.409.65
Swedish Kroner8.208.45
As on 24.05.2013
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