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Thimphu, Bhutan

Thimphu Digital Bank — Compare Providers in Thimphu

Compare digital bank accounts, business banking, international money transfers, currency exchange and investing services available to residents of Thimphu.

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These are partner links and we may earn a commission. Availability, eligibility, pricing and product terms vary by provider, residency and jurisdiction. Crypto-related products are volatile and can lose value. Confirm current terms directly with each provider.

Local banking essentials

What to check before opening an account in Thimphu

Regulation

Banks and other financial institutions serving Bhutanese customers must be licensed by the Royal Monetary Authority of Bhutan under the Financial Services Act, and payment and e-money providers require RMA authorisation under the payment services rules. Check the RMA's list of licensed institutions before using a digital account provider.

Check Royal Monetary Authority of Bhutan (RMA)(opens in a new tab)

Local account details

Bhutan has no IBAN registry entry: the Royal Monetary Authority's member banks use their own account numbering, and a transfer is addressed by naming the recipient's bank together with the account number.

Local currency: BTN (Bhutanese ngultrum (at par with and freely exchangeable with the Indian rupee))

Payments and transfers

The Royal Monetary Authority operates the RTGS and the interbank clearing for retail payments, Bhutanese banks accept Indian RuPay cards and Bhutan was an early country connected to India's UPI rails for cross-border QR payments, and everyday banking runs through the apps of the licensed banks with cash still common in rural areas.

Digital banking directory for Thimphu

Our original directory of financial services, listed category by category in editorial order. Availability, eligibility, pricing and product terms vary by provider, residency and jurisdiction. Confirm details directly with the provider.

Digital Bank Accounts

Digital Bank Accounts in Thimphu

Business Banking and Payments

Business Banking and Payments in Thimphu

Currency Exchange

Currency Exchange in Thimphu

International Money Transfers

International Money Transfers in Thimphu

Cryptocurrency Accounts and Digital Assets

Cryptocurrency Accounts and Digital Assets in Thimphu

Investment and Trading

Investment and Trading in Thimphu

Personal Finance and Lending

Personal Finance and Lending in Thimphu

Banking Technology

Banking Technology in Thimphu

Real Estate and Mortgage

Insurance

Insurance in Thimphu

Payroll and HR Software

Global Credit Cards

Global Credit Cards in Thimphu

Disclosure

Digital Bank Networks is a financial comparison platform, not a bank. We may receive compensation when users click links or open accounts with our partners. This never affects which providers we list or how we describe them. All services are provided by licensed financial institutions; availability, eligibility, pricing and product terms vary by provider, residency and jurisdiction.