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Post by Sapphire Capital on Jul 10, 2008 22:34:06 GMT 4
Bhutan National Bank, Thimphu, Bhutan Link: www.bhutannationalbank.comAddress: RICBL BUILDING NORZIN LAM P.O Box 439, Thimphu, Bhutan Phones: (+9752) 328577, 328588 Fax: (+9752) 328839 Telex: 236 BNBANKTPU BT SWIFT : BNBTBTBT Largest national bank in Bhutan, offers retail and commercial banking, Visa cards are accepted, issued and processed. Correspondent banking relations are mainly Standard Chartered and American Express but in all main financial centers, tight relations to India and Bangladesh Banks. Not a bad bank as far as this country is concerned but very limited, most serious banking is done outside the country anyway, but if you need a local bank for expense accounts in regards of projects or other endeavors it can be safely used, they also do good old fashioned banking and do not have that many regulations in regards of certain types of banking which is not looked at favorably in more advanced places.They are part of an international program propagating good governance but the environment is more open to cash transactions than in more developped countries.
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