Phuentsholing Main Branch and Thimphu Main
Branch are authorised to effect outward remittances by means
for foreign currency drafts and T.Ts.
The appropriate charges will be recovered in
respect of drafts and T.Ts issued in foreign currencies, which
do not represent the proceeds of import bills realised.
In respect of clean sales of foreign currencies
(i.e. drafts, mail transfers and telegraphic transfers issued
in foreign currencies, which do not represent the proceeds of
import ills realised), the T.T. selling rate will be applied.
In respect of sales representing the proceeds
of import bills realised, the Bill selling rate will be applicable.
In the case of cancellation of foreign currency
drafts, the proceeds in Ngultrums will be refunded to the applicant
by applying the current T.T. buying rate on the date of cancellation.
For further information, please contact our
nearest branch.
