SWIFT Code List for Banks in Bhutan

SWIFT Code List for Banks in Bhutan

No. SWIFT Code Bank City Branch
1 BHUBBTBT001 BANK OF BHUTAN LIMITED PHUNTSHOLING PHUENTSHOLING MAIN BRANCH
2 BHUBBTBT022 BANK OF BHUTAN LIMITED THIMPHU
3 BHUBBTBT BANK OF BHUTAN LIMITED THIMPHU
4 BHDEBTBT BHUTAN DEVELOPMENT BANK LIMITED THIMPHU
5 BNBTBTBT BHUTAN NATIONAL BANK LTD THIMPHU
6 DIKIBTBB DK LIMITED THIMPHU CORPORATE HEAD OFFICE
7 PUNBBTBT DRUK PNB BANK LIMITED THIMPHU
8 RMABBTBT ROYAL MONETARY AUTHORITY OF BHUTAN THIMPHU
9 TBBTBTBT T BANK LTD THIMPHU

How to Find Bank SWIFT Codes in Bhutan?

You have access to a great many options to find the bank SWIFT Codes in Bhutan, have a look at it.

  1. SWIFT/BIC Code Finder Tool: MyBankDetail offers a SWIFT Code Finder Bhutan where you will see a list of all the banks in Bhutan, just select your bank and it will get you the accurate Bhutan SWIFT Code.
  2. Official Website of the Bank: You can get the SWIFT Code Bhutan from the official website of your preferred bank in Bhutan.
  3. Bank Statement: You can fetch the Bhutan SWIFT Code from your e-statement or Printed Bank Statement.
  4. Internet Banking: Log into your banking portal and look into the section ‘Account Information’. And you’ll find your bank SWIFT Code in Bhutan.
  5. Contact the Bank: Besides these options, you can also visit your bank in person and ask for the SWIFT Code for Bank in Bhutan.

How Can You Verify the Bank SWIFT Code in Bhutan?

Bank SWIFT Code Bhutan plays an important role in transferring funds across the globe, so while we understand the importance of entering the correct SWIFT Code of Bank in Bhutan, we always advise you to double-check the SWIFT Code for banks in Bhutan. Therefore, to make your task easy, MyBankDetail offers a SWIFT Code Validate tool or SWIFT Code Finder Bhutan tool.

SWIFT Code Validate Tool: To Validate SWIFT Code, all you need to do is enter the Bhutan SWIFT Code of the bank you want to verify in the text input field and click on submit. This will provide detailed information about the Bhutan SWIFT Code you have entered. This is where you can cross-check your SWIFT Code in Bhutan.

SWIFT Code Finder Tool: You will find the list of SWIFT codes of all Bhutan Banks on MyBankDetail. Select your bank and other necessary information, then you will find the SWIFT Code of your Bank in Bhutan using SWIFT Code Finder Bhutan.

When Do You Need the SWIFT Code for the Bank in Bhutan?

A SWIFT Code Bhutan is an overriding element in the Banking and Finance Industry. This is usually required for international financial transactions involving banks in Bhutan. Have a look at some common scenarios where you may need to provide an Bhutan SWIFT Code,

  • Ensure the funds are routed to the Intended Bank for International Wire Transfer
  • Receiving or sending money overseas
  • Any transaction that involves foreign currency
  • Interbank Communication between banks at the Global Level
  • Correspondent Banking relationships, where banks maintain International accounts with each other

Why Does Not Every Bhutan Bank Have a SWIFT Code?

Some smaller banks in Bhutan do not have a presence in foreign countries as they are not authorized dealers in foreign exchange. This is the main reason that some banks in Bhutan do not have a SWIFT Code. Instead of that, what they do is, maintain foreign transaction accounts with major banks or some other giant banks of Bhutan. In such type of cases, these banks use the SWIFT codes of Bhutan's Giant banks for international transactions. They partner with or are the customers of Bhutan's larger banks, contributing to International Transactions.

Why is the SWIFT Code Not Allocated for All the Branches of a Specific Bank in Bhutan?

Consider the fact that the Bhutan SWIFT Code is only used for International Transactions. The central bank and regulatory body of Bhutan assigns the SWIFT Code only to the branches and banks in Bhutan involved as a dealer in foreign exchange. The reason is, that only these branches of Banks in Bhutan can deal with various international transactions such as remittances, and processing foreign bills related to trade. Not every branch of Banks in Bhutan is authorized, only those fulfilling certain criteria are eligible to receive Bhutan SWIFT Codes after approval from the central bank and regulatory body of Bhutan.

FAQs

Are SWIFT Codes the Same for All Bhutan Branches?

SWIFT Codes vary by the banks in Bhutan. Most banks in Bhutan use the same SWIFT Code for all their branches. While other banks in Bhutan may use a unique SWIFT Code for each branch. You can find your Bhutan SWIFT Code from the SWIFT Code List on MyBankDetail.

Can I Track My SWIFT Transfer in Bhutan?

Yes, you can track your SWIFT transfer in Bhutan through various ways such as,

  • SWIFT tracking tool offered by the Bank in Bhutan
  • Online Banking Services in Bhutan
  • Using SWIFT’s GPI Tracking in Bhutan

Before making any payment, we request you to ensure that you have provided the correct bank SWIFT Code of Bhutan Bank. You can find your Bhutan SWIFT Code on MyBankDetail. It provides a SWIFT code for all banks in Bhutan. Always provide the mandatory transaction details for accurate tracking for the SWIFT code for bank in Bhutan.

Is SWIFT Money Transfer Safe in Bhutan?

Yes, SWIFT money transfers in Bhutan are usually considered safe. This is because SWIFT Code in Bhutan has adopted secure and standardized protocols for international financial transactions, keeping the confidentiality and integrity of the transferred information.