Drafts

Drafts Service Charges for Public | Drafts Service Charges for Govt.

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Funds can be remitted to various branches of State Bank of India/Associate Banks, Standard Chartered Bank, Axis Bank, HDFC Bank, Centurion Bank and Nepal Bank Limited by means of drafts. Such drawings can also be made on Bank of Bhutan by these agency banks.

A. BOBL Drafts within Bhutan

Revalidating, cancellation  and issuing of duplicate Draft, is – Nu. 100/-  and stop-payment of Draft is – Nu.50/-

B. BOBL Drafts issued on Agency Banks (Payable in INR)

The Bank of Bhutan Ltd.

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has reciprocal drawing arrangements with the following banks.

  1. Selected branches of State Bank of India and its certain Associate Banks with which “Agency Arrangement” has been established.
  2. Kolkata, New Delhi, Mumbai and Chennai branches of Standard Chartered Bank.
  3. Nepal Bank Limited, Kathmandu and City, Hetauda branches.

The procedures for obtaining drafts revalidation, cancellations, and issue of duplicate drafts are same as BOBL drafts. The drafts charges are also same as BOBL Drafts.

Charges DD for both the General Public & the Government (w.e.f 1st January 2010)

DD purchase for cheques and drafts for both General Public & the Government is Max. Nu. 100/-.

An additional charge of Nu.3.00 per instrument will be levied on SBI’s MICR drafts.
For further information, please contact our nearest branch.

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