
Cash Warrants are issued when the amount is payable
at the office of issue. Unlike a draft, they are not drawn on
a specified banker or office and are payable at the office of
issue and negotiable at all other branches of the bank.
Cash Warrants are issued at the instance of the
Bank to make payment for goods supplied/services rendered to the
Bank by parties within Bhutan.
Cash Warrants, like drafts, have a validity period
of 6 months. Such warrants will be negotiated only after due revalidation
from the issuing branch.
Cash
Warrants Service Charges
| 1. |
Up to Nu.1,000/- |
Nu.30/- per instrument |
| 2. |
Nu.1,001/- to Nu.5,000/- |
Nu.40/- per instrument |
| 3. |
Nu.5,001 to Nu.10,000/- |
Nu.55/- per instrument |
| 4. |
Nu.10,001/- to Nu.100,000/- |
Nu.2/- per Nu.1,000/- or part thereof. (Minimum
Nu.55/-) |
| 5. |
Above Nu.100,000/- |
Nu.1.50/- per Nu.1,000/- or part thereof. (Minimum
Nu.200/-) |
For further information, please contact our nearest
branch.
