10% Incentive Scheme
In recognition of the significant role that foreign currency inward remittance can play in enhancing foreign currency reserves and in promoting savings and investments, Bank of Bhutan will facilitate the payment of 10% incentive on convertible currency transferred to Bhutan through Foreign Banks and Money Transfer Operators (MTO).
This incentive shall be in force from 14 June 2023 to 31 December 2023.
A. The incentive shall not be applicable against the following fund transfer purposes:
B. The incentive shall not be applicable if the beneficiary is other than an individual.
TERMS AND CONDITIONS
ACCEPTABLE CONVERTIBLE CURRENCY
Convertible currency consist of foreign currency denominated in:
The beneficiary needs to submit the following documents at the time of payment of the incentive amount:
A. If the Beneficiary is in Bhutan:
B. If the beneficiary is the same person and residing overseas:
INCENTIVE CLAIM PROCESS