SWIFT/BIC codes in Bhutan 🇧🇹

SWIFT code Bank City Branch
BHDEBTBT BHUTAN DEVELOPMENT BANK LIMITED THIMPHU
BHUBBTBT BANK OF BHUTAN LIMITED THIMPHU
BHUBBTBT001 BANK OF BHUTAN LIMITED PHUNTSHOLING (PHUENTSHOLING MAIN BRANCH)
BHUBBTBT022 BANK OF BHUTAN LIMITED THIMPHU
BNBTBTBT BHUTAN NATIONAL BANK LTD THIMPHU
PUNBBTBT DRUK PNB BANK LIMITED THIMPHU
RMABBTBT ROYAL MONETARY AUTHORITY OF BHUTAN THIMPHU
TBBTBTBT T BANK LTD THIMPHU

What is a SWIFT code?

A SWIFT code - or SWIFT number is a standard format to uniquely identify all banks and financial institutions globally. The SWIFT code is a standard format for BIC - Business Identifier Codes.

If you send money internationally you almost always need to use a BIC code, as it’s the way banks, financial institutions and money transfer services identify where to send money on a global scale. You can think of a SWIFT code a bit like a ZIP/postal code. Your bank can use the BIC code to find another bank on the other side of the world. Like sending post to the wrong ZIP/postal code means it might get lost, the same applies for your money and an incorrect SWIFT code.

What does a BIC look like?

A SWIFT/BIC code can be either 8 or 11 characters long:

AAAA BB CC DDD

More info about SWIFT/BIC codes

There are 2 types of SWIFT code: live and passive. Live codes are for banks who are connected to the SWIFT network while passive Codes are used for manual transactions. Passive SWIFT codes will have a 1 as the second digit of the 2 character location code.

SWIFT code registrations and management are the responsibility of "Society for Worldwide Interbank Financial Telecommunication" (“SWIFT”) which is located in La Hulpe, Belgium.

SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.