Remit Bhutan FAQ

Q. What is REMITBHUTAN?

RemitBhutan is a platform initiated by the Royal Monetary Authority of Bhutan to facilitate
non-resident Bhutanese to conveniently apply for non-face-to-face foreign currency account
with an authorized bank in Bhutan. It is envisaged that, through this arrangement, it will
promote national savings and enhance country’s foreign exchange reserves.

Q. Types of Account you can open through REMITBHUTAN

Non-resident Bhutanese Foreign Currency Account (NRBFC)- Saving Deposit
Non-resident Bhutanese Ngultrum Account (NRBNC)- Saving and Fixed Deposit

Q. What delivery channel facilities are available under REMITBHUTAN account?

For NRBFC- Internet Banking, International debit card
For NRBNC- Internet Banking, International and Domestic Debit cards, mBOB

Q. How to Open Account through REMITBHUTAN:

  • Apply online through RemitBhutan website www.rma.org.bt
  • RMA verifies and forwards to our Bank
  • Bank processes and open your FC account

 

Receive your accounts details and banking facilities:

  • If the account is opened successfully you will be contacted by the bank through email
    with your account details
  • If you have chosen mobile and internet banking facilities you will receive a subsequent
    email with the details
  • RMA will courier your international debit card and the PIN number separately

 

Q. How to access your REMITBHUTAN account?

You can view your account balance and transaction details through internet banking and mobile
banking.

Q. How to Transfer money from abroad into your REMITBHUTAN account?

You can use the following modes to transfer money from abroad into your REMITBHUTAN
account:
1. SWIFT- Thorough our correspondent banks. For details click here
2. International money transfer partners- IME remit and EXPRESS MONEY

Q. What are the charges for inward remittance?

The Bank of Bhutan does not levy any charges on inward remittance into your account.
However, the Bank you are remitting the fund from, will levy charges as per their prescribed
rates. We recommend choosing our correspondent Banks to remit fund from outside into your
account with us. For details click here

Q. How to Transfer money from your REMITBHUTAN account to other accounts in Bhutan?

For NRBFC account:
You can transact upto a maximum of BTN 100,000 equivalent foreign Currency using Internet
Banking, but if you wish to transfer fund beyond BTN 100,000/- and more, you can send a
signed letter via email to [email protected]

For fund transfer request received through email, we entertain only the transfer from your FC
account to your BTN account (as the fund circulates within your own account). This is to
mitigate any kind of frauds.

Once the fund in credited into your BTN account, MBoB enables you to execute further
transactions as required.

For NRBNC account:

You can transact upto a maximum of BTN 100,000 from your Ngultrum Currency Account using
Internet Banking.

You can transact unlimited amount from your Ngultrum Currency Account using MBoB,
however you will have to opt for one of the following limit category during the time of
registration. You can also choose to change the category as and when required.


Category Limit Charges in Nu. (Per Month)
General 1 ≤ 100,000 10
Silver 1 ≤ 500,000 50
Gold 1 ≤ No Limit 100

Q. What are the withdrawal facilities from the foreign currency account?

a) Withdrawal of convertible currency in cash is not permitted from your Foreign Currency
account. Cash withdrawal in Ngultrum only will be allowed.

b) Foreign currency in your account can be utilized for meeting the cost of import of goods and
services against import license/invoices and on the expenses relating to Travel, Studies,
Business and Medical treatment as per the Foreign Exchange Rules and Regulations of the RMA
in force.

Q. What additional incentives are available under the NRB Account?

a) Minimum balance retention in the account is not mandatory.
b) You are permitted full repatriation of the principal amount remitted in the currency of remittance.
d) You are permitted to maintain the foreign currency account upon return to the country permanently.
e) You can earn Interest on your Foreign Currency Account. For details click here

Bank of Bhutan invites sealed bids from registered and eligible national and international firms for “Supply, Delivery, Installation, configuration, commissioning and maintenance of Network Equipment and Licenses in TCO (Total Cost of Ownership) over a 7 year basis for DC”

Bank of Bhutan invites sealed bids from registered and eligible national and international firms for “Supply, Delivery, Installation, configuration, commissioning and maintenance of Network Equipment and Licenses in TCO (Total Cost of Ownership) over a 7 year basis for DC”.
click here to download 

Bank of Bhutan invites sealed bids from registered and eligible national and international firms for “Supply, Delivery, Installation, configuration, commissioning and maintenance of Servers, Storage, Associated Components, Operating System, Oracle Database & other Software and Licenses in TCO (Total Cost of Ownership) over a 7-year basis for DC and DR”

Bank of Bhutan invites sealed bids from registered and eligible national and international firms for “Supply, Delivery, Installation, configuration, commissioning and maintenance of Servers, Storage, Associated Components, Operating System, Oracle Database & other Software and Licenses in TCO (Total Cost of Ownership) over a 7-year basis for DC and DR”.
click here to download 

Registration Process for Prepaid Card

Registration Process for Prepaid Card
Click on Registration/Login
Select Prepaid Card option and then click on Register now
(https://iweb.in.worldline.com/BoBLCWM/prepaid_CustomerRegistration.aspx)
Need to input following mandatory details:
a. Card Number
b. Expiry Date
c. Date of Birth
d. Citizenship No
e. Registered Email ID
f. Registered Mobile Number
Click Next, One Time Password (OTP) will be sent to your registered email.
In next page, input your own User ID and Password followed by OTP received in your mail
On clicking submit, you will be notified success/failure of on screen/page and also receive a confirmation mail in registered email.

PIN Generation

  • Log in using User ID and Password
  • Go to Instant PIN Generation
  • Input details as per requirement
  • On selecting an option, One Time Password (OTP) will be generated and will be sent to your registered email id
  • On receipt of OTP on email, enter OTP on CWM page
  • On successful validation of OTP, the page will prompt you to enter 4 digit PIN number (of your choice)
  • Necessary updating will be done instantly on CWM to activate new PIN and confirmation notification will be given on the page

Note: Please note that OTP will be valid only for 30 minutes.

Download Manuals

Prepaid Card Registration and PIN Generation

Registration Process for Credit Card

Registration Process for Credit Card
Click on Registration/Login
Select Credit Card option and then click on Register Now
(https://iweb.in.worldline.com/BoBLCWM/CustomerRegistration.aspx)
Need to input following mandatory details:
a. Card Number
b. Expiry Date
c. Date of Birth
d. Citizenship No
e. Registered Email ID
f. Registered Mobile Number
In next page, input your own User ID and Password
On clicking submit, you will be notified on the success/failure of on screen/page and also receive a confirmation mail in registered email.

PIN Generation

  • Log in using User ID and Password
  • Go to Instant PIN Generation
  • Input details as per requirement
  • On selecting an option, One Time Password (OTP) will be generated and will be sent to your registered email id
  • On receipt of OTP on email, enter OTP on CWM page
  • On successful validation of OTP, the page will prompt you to enter 4 digit PIN number (of your choice)
  • Necessary updating will be done instantly on CWM to activate new PIN and confirmation notification will be given on the page

Note: Please note that OTP will be valid only for 30 minutes.

Download Manuals

Credit Card Registration and PIN Generation

Bidding Document for Supply and Installation of Carpet Tiles for Thimphu Corporate Building Construction Project

Bank of Bhutan Ltd. (BoBL) would like to invite tender from National/International Suppliers/Manufacturers/Dealers for the following work for BoBL Corporate Building Construction at Norzin lam, Thimphu.

1. Supply and Installation of Carpet Tiles.

The details of scope of supply along with the endorsed list of brands are provided in the bidding document. Based on the information obtained through this tender, BoBL will evaluate and select the suppliers/manufacturers/dealers for award of the work.

For any clarification of the above, you may contact the following

Ms. Karma,
Executive Engineer,
TCO Project Office,
BoBL City Office,
Norzin Lam,
NWAB building, Thimphu,
contact no +975-2-327764 or email at [email protected]

Information including the Specification of the materials will be available at below link. The last date for submission of the tender is 24/09/2018.

click here to download document

SELECTION ANNOUNCEMENT FOR THE POST OF BANKING OFFICER, BANKING ASSISTANT, GRAPHIC DESIGNER, IT PROGRAMMER AND NETWORK OPERATIONS CENTER TECHNICIAN

Bank of Bhutan is pleased to announce the final selected candidates for the post of Banking Officer, Banking Assistant, Graphic Designer and Network Operations Center Technician interviewed from 18th to 23rd June 2018. The following are the list of selected candidates.

19Junu Rai1121000175119Junu Rai1121000175119Junu Rai11210001751

Serial No. Name CID
Banking Officer
1 Cheki Dendup 10907000284
2 Priyanka Dhital 11303002054
3 Preeti Nirola 11108002561
4 Jamyang Lhamo 11513003878
5 Phuntsho Choden 10303000260
6 Rinzin Wangmo 11107003376
7 Sonam Tshering 10302002546
8 Sangay Chedup 11211000223
9 Tshering Lhaden 10101005056
10 Gyem 10503000726
11 Karma Phuentsho 11806001863
12 Tandin Pelzang 10903000851
13 Karma Wangchuk 11514000564
14 Sonam Cheney 10605000712
15 Sonam Choden 11102001179
16 Sangay Wangda 10905001053
17 Tandin Dorji 10605000474
18 Kinley Penjor 11912001581
19 Pema Singye 11513002558
20 Dechen Dema 11512005078
21 Sangay Tenzin 10710001763
22 Menuka Tamang 11802001763
23 Tenzin Dorji 11501002909
24 Ugyen Norbu 10905004604
25 Chura Maya Adhikari 11206002895
26 Tshering Buthri 10604000785
27 Tandin Wangmo 11810001838
28 Thinley Om 11004001920
29 Phub Bidha 10204001145
30 Sangay Rabgyel 11302000263
31 Susmita Adhikari 11804002141
32 Tenzin Choden 10101000531
33 Ngawang Younten 10702001681
Banking Assistant
1 Sonam Dendup 11704002587
2 Tshering Lhamo 10713001854
3 Dorji Wangmo 10902001403
4 Tashi Choden 11405000072
5 Cheki Loday 11601001978
6 Tandin Wangmo 12005000191
7 Tashi Lhamo 10905005146
8 Pema Yangki 11102000710
9 Pema Wangzom 12004001509
10 Rinchen Dorji 10903000832
11 Tshewang Zangmo 11109002294
12 Yeshi Phuntsho 10101007001
13 Pema Dorji 10713000925
14 Pema Dendup 11111001035
15 Haka Dup 11910000617
16 Singye Dema 11003000523
17 Kuenley Dukpa 10902002791
18 Krishna Lal Chapagai 11206001779
19 Junu Rai 11210001751
20 Ngawang Dorji 10102002406
21 Nima 11510002256
22 Tandin Gyeltshen 11908000718
23 Norbu Gyeltshen 11506003378
24 Sangay Wangdi 11102005456
25 Tshering Dekar 11509001480
Graphic Designer
1 Phuntsho Norbu Namgyel 11410003913
Network Operations Center Technician
1 Ugyen Choden 11516003144
2 Damchoey Wangchuk 11505005469
3 Passang Lham 10805001446
4 Parmila Ghalley 11215002443
5 Thinley Gyeltshen 11509002528
6 Sonam Lhamo 10709000311
7 Sonam 11510001202
8 Jigme Tashi 11506000663

The selected candidates are advised to report to the BoB Corporate Office, Babesa, Thimphu for joining formalities on June 28, 2018 at 09:00 AM.

For the post of IT Programmer, both the candidates were not selected as none of them managed to score 70% in the personal interview.

BoB would like to inform that the following candidates are kept as standby:

Serial no. Name CID
Banking Assistant
1 Singye Wangchuk 11514002488
2 Tshering Dekar 11107003101
3 Mindu Zangmo 11106000009
4 Pema Seldon 11604001368
5 Pemba Tshering 11002000614
Graphic Designer
1 Ugyen Chophel Dorji 11107000322
Network Operations Center Technician
1 Karma Deki 10601005228
2 Tashi Om 10801000609
3 Drupchu Zangmo 11512001981

There are no standby candidates for the post of Banking Officer as none of the candidates managed to score 70% in the PI.

The standby candidates will be called based on the above sequence only in case the selected candidates do not pass through medical test, if the selected candidates reject the offered position or incase the requirement for the post arises due to voluntary resignation within the next recruitment plan.

BoB would like to congratulate all the selected candidates and would like to welcome to the BoB family and also would like to thank all the applicants for applying against the announced vacancy.

 Congratulations!!!

 

Tshongdrel-Ngotshab-fees

This is to notify all that the main responsibility of Bank of Bhutan’s Tshongdrel Ngotshab (Sales Agent) is to source applications and to answer queries pertaining to the Bank’s products and services. They will not collect any kind of Fees, Charges or Commissions from the public.
For any doubt on the identity of our Tshongdrel Ngotshab, kindly visit our website www.bob.bt or call our Toll Free No: 1095.

Tshongdrel Ngotshab

Appointment of Tshongdrel Ngotshab (Sales Agent), In our continuous effort to bring financial services to the doorstep, the Bank of Bhutan invites highly motivated individuals/businesses to register for appointment as BoB’s independent Sales Representative (Tshongdrel Ngotshab). This would also promote self-employment and promote in financial inclusion.
A TshondelNgotshab will be paid attractive commissions. Meet the Branch Manager at any BoB branch for details.

Eligibility

  • Bhutanese National with CID card.

  • Minimum age 25 years and above,

  • Good Communication skills and literate (ability to read and write)

  • A competent and self-driven individual of sound mind not declared bankrupt and not convicted for criminal offences.

  • An individual who is not classified as non-performing borrower by any banks or Financial Institutions in the last twelve (12) months preceding the date of signing the Tshongdrel Ngotshab agreement.

  • Highly self-motivated and goal driven,

  • Should possess the skill to work both in team and also perform independently,

  • Bob connect agents, business persons and Institutions are also eligible,

  • Tshongdrel Ngotshab may be employed in any organization/agency but CANNOT be an employee/agent of a Financial Institution.

Required Documents

  • Filled in Tshongdrel Ngotshab Form

  • Medical fitness Certificate – As per the checklist provided by the Bank of Bhutan

  • Security Clearance

  • Citizenship Identity Card copy

  • 2 passport size pictures

Download Forms

Note

This is to notify all that the main responsibility of Bank of Bhutan’s Tshongdrel Ngotshab (Sales Agent) is to source applications and to answer queries pertaining to the Bank’s products and services. They will not collect any kind of Fees, Charges or Commissions from the public.
For any doubt on the identity of our Tshongdrel Ngotshab, kindly visit our website www.bob.bt or call our Toll Free No: 1095.