Bhutan Bank Swift Code and BIC Code
|1||BANK OF BHUTAN LIMITED||PHUNTSHOLING||BHUBBTBT|
|2||BANK OF BHUTAN LIMITED||THIMPHU||BHUBBTBT|
|3||BANK OF BHUTAN LIMITED||THIMPHU||BHUBBTBT|
|4||BHUTAN DEVELOPMENT BANK LIMITED||THIMPHU||BHDEBTBT|
|5||BHUTAN NATIONAL BANK LTD||THIMPHU||BNBTBTBT|
|6||DRUK PNB BANK LIMITED||THIMPHU||PUNBBTBT|
|7||ROYAL MONETARY AUTHORITY OF BHU||THIMPHU||RMABBTBT|
|8||T BANK LTD||THIMPHU||TBBTBTBT|
What is Bhutan SWIFT Code?
SWIFT code is a standard format of Bank Identifier Codes (BIC) and serves as a unique identifier for a bank or financial institution.
These codes are used when transferring money between banks, particularly for international wire transfers. On top of that, the code is used to transmit messages between financial institutions and banks in the Bhutan.
The SWIFT code can be either 8 or 11 characters long and 8 digits code refers to the primary office. The format of SWIFT Code is as follows;
AAAA BT CC DDD
- The first 4 characters ("AAAA") specify the bank. Only letters are allowed.
- The next 2 characters ("BT") specify the country. It use the format of ISO 3166-1 alpha-2 country code.
- The next 2 characters ("CC") specify the location. Letters and digits are allowed. Passive participant will have "1" in the second character
- The last 3 characters ("DDD") specify the branch. This is an optional. A 'XXX' refer to primary office. Letters and digits are allowed.
Bhutan, officially known as the Kingdom of Bhutan, is a landlocked country in South Asia. Located in the Eastern Himalayas, it is bordered by Tibet in the north, the Chumbi Valley of Tibet and the Indian states of Sikkim and West Bengal in the west, and the Indian states of Assam, West Bengal and Arunachal Pradesh in the south and east. Bhutan is geopolitically in South Asia and is the region's second-least-populous nation after the Maldives. Thimphu is its capital and the largest city, while Phuntsholing is its financial center.