RTGS/ INR Remittance

INWARD REMITTANCE

To remit funds from India to Bhutan, please provide the following details:

1	From Axis Bank Beneficiary Bank: Bank of Bhutan Ltd. Beneficiary Bank’s Account No.: 035010200003460 IFSC – UTIB0000035 Beneficiary Name: ………………………………… Beneficiary Account No.: ………………………………… Bank of Bhutan Branch Name: ………………………………
2	From State Bank of India Beneficiary Bank: Bank of Bhutan Ltd. Beneficiary Bank’s Account No.: 11128915571 IFSC – SBIN0001447 Beneficiary Name: ………………………………… Beneficiary Account No.: ………………………………… Bank of Bhutan Branch Name: …………………………………
3	From HDFC Bank Beneficiary Bank: Bank of Bhutan Ltd. Beneficiary Bank’s Account No.: 01510390000023 IFSC – HDFC0000151 Beneficiary Name: ………………………………… Beneficiary Account No.: ………………………………… Bank of Bhutan Branch Name: ………………………………
4	From Standard Chartered Bank Beneficiary Bank: Bank of Bhutan Ltd. Beneficiary Bank’s Account No.: 32205019386 IFSC – SCBL0036002 Beneficiary Name: ………………………………… Beneficiary Account No.: ………………………………… Bank of Bhutan Branch Name: ……………………………….
5	From IDFC First Bank Beneficiary Bank: Bank of Bhutan Ltd. Beneficiary Bank’s Account No.: 10500014908 IFSC – IDFB0040101 Beneficiary Name: ………………………………… Beneficiary Account No.: ………………………………… Bank of Bhutan Branch Name: ……………………………….

NOTE: INR Remittance Claim Form (CLICK HERE to download the Form).

A Remittance Claim Form is required when funds are directly deposited into Bank of Bhutan’s account in India without using the standard INR remittance process through a bank branch.
To avoid delays, remitters should ensure that the beneficiary’s name and account number are clearly mentioned in the transaction remarks/description field.

• If the beneficiary details are available in the transaction record, the funds will be credited to the beneficiary account on the next working day, and no claim form is required.
• If the beneficiary details are missing, Bank of Bhutan will be unable to identify the intended beneficiary, and a Remittance Claim Form will be required before the funds can be processed.

To ensure timely processing, please use the standard INR remittance channel as mentioned in the table above or clearly provide the beneficiary’s name and account number when making a direct deposit in our account. 

SWIFT Code is BHUBBTBT

OUTWARD REMITTANCE

The outward remittances can also be transferred to any part of the world via SWIFT. We remit funds for business, medical, allowances, studies, Imports etc.

All remittances must first be routed through the BTFN system. Once submitted, you will need to visit your selected branch to complete the required bank form. For details on the BTFN process, CLICK HERE

INR rupee can be remitted through RTGS. BoBL remit RTGS through following Correspondent Banks in India.

1	State Bank of India (SBI), Hasimara Account No.: 11128915571 IFSC – SBIN0001447
2	Axis Bank, Siliguri Account No.: 035010200003460 IFSC – UTIB0000035
3	HDFC Bank, Siliguri Account No.: 01510390000023 IFSC – HDFC0000151
4	Standard Chartered Bank, Kolkata Account No.: 32205019386 IFSC – SCBL0036002