Foreign Currency Account

Now, transacting and saving got easier with Bank of Bhutan’s new Foreign Currency Savings Account with a comparative interest rate. The main objective of Non Resident Bhutanese Foreign Savings Deposit Account, which is also known as Foreign Currency Account is to inculcate the habit of savings and thrift among Non Resident of Bhutanese such as foreign workers, students working abroad, businessmen, etc.

Foreign Currency Accounts can be maintained in any authorized currency.

Foreign nationals (including Indian nationals) who stay in Bhutan for longer period and receive their remuneration in convertible foreign exchange, and Bhutanese firms/companies on specific approval from Royal Monetary Authority will be allowed to open Foreign Currency Accounts with the authorized branches of the Bank.

No interest is paid on the balances in such account at present however we pay interest to only NRBFC Account holders.

There are four types of Foreign Currency Accounts:

INTEREST RATES ON BLA FC

Sl. no.	Currency	Interest Rates (per annum)
1	USD	2.75%
2	AUD	2.75%
3	EURO	2.75%
4	GBP	2.75%