Home > BoB Service Charges
BoB SERVICE CHARGES
| Sl/No. | Limit | INR REMITTANCE/MCC DRAFTS(INDIA) |
|---|---|---|
| a | Upto Nu.100,000 | Nu.35/- |
| b | Nu.100,001 to 1,000,000 | Nu.2.00 per 1,000 (Min Nu.35 and Max Nu.2,000) |
| c | Above Nu.1,000000 | Nu.1.75 per 1,000 (Min. Nu.2,000 & Max. Nu.15,000) |
| Sl/No. | Limit | TT/BANKERS CHEQUE(WITHIN BHUTAN) |
|---|---|---|
| a | Upto Nu.100,000 | Nu.35/- |
| b | Nu.100,001 to 1,000,000 | Nu.2.00 per 1,000 (Min Nu.35 and Max Nu.2,000) |
| c | Above Nu.1,000000 | Nu.1.75 per 1,000 (Min. Nu.2,000 & Max. Nu.15,000) |
| DD PURCHASE – BOTH GOVERNMENT & PUBLIC |
|---|
| Max. Nu.100 |
| OC PURCHASE- BOTH GOVERNMENT & PUBLIC |
|---|
| 0.5% of value (Max. Nu.20,000) |
| Sl/No. | Limit | COLLECTION OF CHEQUES AND DRAFTS WITHIN BHUTAN |
|---|---|---|
| a | Upto Nu.100,000 | Free |
| b | Nu.100,001 to 1,000,000 | Free |
| c | Above Nu.1,000000 | Free |
1 . FOREX SERVICE CHARGES
| Sl/No. | Limit | DOCUMENTARY LETTER OF CREDIT-IMPORT (BOTH FOREIGN CURRENCY & INDIAN RUPEE) |
|---|---|---|
| a | Bill charges | Bill charge 0.15% (Min. Nu.250) as opening commission |
| b | Commitment charges | Commitment charge 0.75% on actual number of days up to the validity of the credit (Min. Nu.250) |
| c | Usage charges | Usage charge 1.00% on actual number of days upto the validity of the credit (Min. Nu.250) |
2 . COLLECTION – IB/CBC (IN FC)
| a | IB including immediate credit | 1% (Min. Nu.75) |
| b | CBC – CHEQUES/DRAFTS SENT ON COLLECTION BASIS (IN FC) |
| i | Upto Nu.10,000.00 | Nu.40/- |
| ii | Nu.10,001.00 to 100,000.00 | Nu.4/- per 1000 & Min. Nu.40 |
| iii | Above 100,000.00 | Nu.3.50/- per 1000 & Min. Nu.400 & Max. Nu.10,000 |
3 .PURCHASE / SALE OF USD TRAVELLERS CHEQUES
| PURCHASE / SALE OF USD TRAVELLERS CHEQUES | Commission @ 1% Nu. on equivalent value |
4. REMITTANCES (IN FC)
| a | Drafts upto FC 1000.00 | 0.25% (Min. Nu.100) |
| b | Drafts above FC 1000.00 | 0.25% (Min. Nu.250) |
| c | Transfer via SWIFT | 0.20% (Min. Nu.100) plus transmission charges of Nu.200 for TTs & Nu.700 for LCs |
| d | Inward TT/ SWIFT remittance | Free of Charge |
| e | Outward TT/SWIFT remittance | 0.20% |
| f | Postage Charge | Actual Postal fee (Nominal Nu. 200) |
5. GENERAL CHARGES
| a | Loan application | Nu.100/- per application |
| b | Commitment fee/charges on unutilized amount of OD & WC | Commitment fee/charges on unutilized amount of OD & WC 0.1% |
| c | Statement charges if required for more than once in a month | Nu.50/- per duplicate statement print |
| d | Stop payment charge ( cheque & Draft) | Stop payment charge for cheques and drafts Nu.50 per instrument |
| e | No due/Demand Certificate | No due/Demand Certificate |
| f | Presentation of usage bill for acceptance | Nu.20/- |
| g | Inquiry relating to old record of more than 12 months | Nu.100/- |
SERVICE CHARGE ON BANK ACCOUNT AND MINIMUM BALANCE
| a | Savings account | Max. Nu.150 as annual account maintenance fee and minimum balance not required |
| b | Current Account | No maintenance fee but levy charges on cheque books |
| c | Minimum balance in savings account | Nu.500/- |
| d | Minimum balance in current account | Nu.1000/- |
PENALTY FOR NON-MAINTENANCE OF MINIMUM BALANCE IN THE ACCOUNT
| a | SB A/c with cheque facility | Nu.30 |
| b | SB A/c without cheque facility | Free of charge |
| CANCELLATION/ ISSUANCE OF DUPLICATE/ REVALIDATION OF DRAFTS | Nu.100/- per instrument |
| POSTAGE | Actual basis |
| TELEPHONE | Actual |
CHEQUE BOOKS
| a | 50 leaves CA cheque book | Actual cost of cheque book |
| b | 25 leaves SA cheque book | Actual cost of cheque book |
LOCKER – YEARLY RENT
| a | Small | Nu.1,000.00 |
| b | Medium | Nu.1,200/- |
| c | Big | Nu.1,400/- |
| d | Large | Nu.2,000/- |
| e | Extra Large | Nu.2,400/- |
| f | Super Large | |
| g | Security Deposits | Twice the rent |
| h | Lost Keys | Nu.500/- plus actual cost of repair |
SAFE CUSTODY- YEARLY FEE
| a | For Sealed Envelope | Nu.200/- p.a* per Lodgment (per envelope) |
| b | For Sealed Box( not exceeding size 20cm*14cm*9cm | Nu.400/-p.a* per Lodgment (per Box) |
| c | Bank’s Own Deposit Receipts/ Documents | Nill |
NEFT CHARGES
| a | Inward NEFT( receipt through NEFT) | Free of charge |
| b | outward NEFT( remittance through NEFT) | |
| 1 | Up to Nu. 50,000/- | Free of charge |
| 2 | Nu.50,000/- to Nu.100,000/- | Nu.15 |
| 3 | Nu.100,001/- to Nu.1000,000/- | Nu.20 |
| 4 | Nu.1000,001 and above | Nu.35 |
BANK GUARANTEE CHARGES
| a | Below Nu.10 million | EMD/Bank Guarantee 2% & 3% performance guarantee (Min. Nu.500). 1% commission with EMD |
| b | Nu.10 to 50 million | EMD/Bank Guarantee 2% & 3% performance guarantee (Min. Nu.500). 1% commission with EMD |
| c | Nu.50 to 100million | EMD/Bank Guarantee 2% & 3% performance guarantee (Min. Nu.500). 1% commission with EMD |
| d | Nu.100 million & above | EMD/Bank Guarantee 2% & 3% performance guarantee (Min. Nu.500). 1% commission with EMD |
| e | Cancellation of Bank Guarantee | Free of charges |
Note1: The limits should be rounded up during calculation
Note2: One time handling charge of Nu.100/- will be recovered
| ATM Withdrawal Limit | Maximum of Nu.40,000/- per day |
DEPOSITS/ WITHDRAWAL
INTER-BRANCH cash handling charges: 50% of the TT charges will be levied on cash withdrawals of Nu.1 million and above
FREE SERVICES
| a | 1st cheque book | Free |
| b | ATM withdrawal charges from any ATM within Bhutan | Free |
| b | SMS alerts | Free |
| d | Internet banking | Free |
