--- title: "Bhutan: financial institutions, SWIFT/BIC codes and licences | Elucidate" description: "7 institutions in Bhutan (as at 23 September 2026): 7 hold a SWIFT/BIC code and 0 do not." url: https://elucidate.co/directory/country/bt --- 1. [Directory](https://elucidate.co/directory) 2. [Countries](https://elucidate.co/directory/country) 3. Bhutan Country · South Asia # Bhutan Check who the institutions in Bhutan are: whether each holds a BIC, which register lists it and whether an LEI is mapped. No tracked register covers Bhutan, so every institution listed here holds a BIC. 7 Institutions Active · inactive not published 7 Hold a BIC 100% of institutions — On a tracked register Not covered by a tracked register 4 LEI mapped 57% of institutions 11 BIC codes Head offices and 4 branch codes ### Bhutan at a glance Every row is the same 7 institutions, split by one attribute Type - Financial institution 7 · 100% Identification - [BIC only](https://elucidate.co/directory/search?source=bic,noregister&cc=BT) 7 · 100% Regulation level - [Not on a tracked register](https://elucidate.co/directory/search?reg=none&cc=BT) 7 · 100% LEI - LEI mapped 4 · 57% - No LEI mapped 3 · 43% View as table | Attribute | Institutions | Share | | --- | --- | --- | | Type | | Financial institution | 7 | 100% | | Identification | | BIC only | 7 | 100% | | Regulation level | | Not on a tracked register | 7 | 100% | | LEI | | LEI mapped | 4 | 57% | | No LEI mapped | 3 | 43% | An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. BIC data as at 23 September 2026 [Institutions](https://elucidate.co/directory/country/bt#institutions) [Regulation](https://elucidate.co/directory/country/bt#registers) [Groups](https://elucidate.co/directory/country/bt#groups) [Payments](https://elucidate.co/directory/country/bt#payments) [BIC codes](https://elucidate.co/directory/country/bt#bics) ## Institutions in Bhutan All 7 institutions in Bhutan, with or without a BIC: prudentially supervised and larger institutions first. No OFAC or EU listing cites an institution in Bhutan. - [Bank of Bhutan Limited BIC BHUBBTBT Financial institution Not on a tracked register Bhutan · Not on a tracked register · LEI 254900PIJ954Z37WWK34](https://elucidate.co/directory/bank-of-bhutan-limited-bhubbtbt) - [Dk Limited BIC DIKIBTBB Financial institution Not on a tracked register Bhutan · Not on a tracked register · LEI 2549001XH9Q08SKAAG03](https://elucidate.co/directory/dk-limited-dikibtbb) - [Bhutan Development Bank Limited BIC BHDEBTBT Financial institution Not on a tracked register Bhutan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bhutan-development-bank-limited-bhdebtbt) - [Bhutan National Bank LTD BIC BNBTBTBT Financial institution Not on a tracked register Bhutan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bhutan-national-bank-ltd-bnbtbtbt) - [Druk Pnb Bank Limited BIC PUNBBTBT Financial institution Not on a tracked register Bhutan · Not on a tracked register · LEI 254900UZWM7GJ6K19341](https://elucidate.co/directory/druk-pnb-bank-limited-punbbtbt) - [Royal Monetary Authority of Bhutan BIC RMABBTBT Financial institution Not on a tracked register Bhutan · Not on a tracked register · LEI 2549005KPF9L8IKKB306](https://elucidate.co/directory/royal-monetary-authority-of-bhutan-rmabbtbt) - [T Bank LTD BIC TBBTBTBT Financial institution Not on a tracked register Bhutan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/t-bank-ltd-tbbtbtbt) [Filter this list →](https://elucidate.co/directory/search?cc=BT) ## Regulation and supervision None of the 22 tracked registers covers Bhutan. All 7 institutions listed here hold a BIC; firms licensed only by Bhutan’s national authorities are not listed. ## Groups and systemic importance For 1 institution here, GLEIF records a parent in another country. ### Largest other groups GLEIF consolidation groups, by legal entities (LEIs) in this country | Group | LEIs here | LEIs in the group | | --- | --- | --- | | [Punjab National Bank](https://elucidate.co/directory/group/335800LE3GBR6I412V82) | 1 | 4 | ### Parents abroad Institutions here by the country of their GLEIF ultimate parent (else direct parent) - [India](https://elucidate.co/directory/country/in) 1 GLEIF parents are accounting-consolidation relationships. They do not show ownership shares or control. ## Payments and connectivity Of the 7 institutions in Bhutan that hold a BIC, 100% are connected to Swift and 2 are Swift GPI members, as at 23 September 2026. ### Connection to Swift Institutions that hold a BIC, by connection type in Swift’s directory - Connected to Swift7 · 100% - Reverse billing0 · 0% - Passive participant (no connection)0 · 0% A BIC does not imply a connection to the Swift network. ### Payment schemes Institutions that hold a BIC, reachable in each scheme - **Swift GPI members:** 2 institutions - **Swift GPI members, live:** 2 institutions [See all 2 Swift GPI members →](https://elucidate.co/directory/search?cc=BT&flag=gpi) ## All BIC codes in Bhutan Look up any of the 11 BIC codes registered in Bhutan: the head offices and branch codes of the 7 institutions here that hold a BIC, with their LEIs and flags. [Download the list (JSON)](https://elucidate.co/data/banks/countries/BT.json) ### Where branch codes cluster Branch codes by city, top 2 - Thimphu3 - Phuntsholing1 ## Other countries in South Asia The directory has pages for 7 other countries and territories in South Asia. [Afghanistan](https://elucidate.co/directory/country/af) [Bangladesh](https://elucidate.co/directory/country/bd) [India](https://elucidate.co/directory/country/in) [Maldives](https://elucidate.co/directory/country/mv) [Nepal](https://elucidate.co/directory/country/np) [Pakistan](https://elucidate.co/directory/country/pk) [Sri Lanka](https://elucidate.co/directory/country/lk) Sources & method Each institution counts once, in one country: the BIC country when it holds a BIC, otherwise the country of the register that lists it. Licences in other countries are shown on its page. Sanctions listings are matched on the BIC and on the LEI mapped to it, so they cover institutions that hold a BIC only. Institutions without a BIC are not screened. Always screen against the official lists. [Read the methodology →](https://elucidate.co/directory/methodology) Sources for this page - **Swift ISO 9362 BIC directory**—institutions and branch codes, mapped to LEIs through the Swift and GLEIF BIC-to-LEI relationship file. As at 23 September 2026 - **GLEIF relationship records (Level 2)**—accounting consolidation as reported to GLEIF · [about Level 2 data ↗](https://www.gleif.org/en/lei-data/access-and-use-lei-data/level-2-data-who-owns-whom) as at 25 September 2026 ## Assess the financial crime risk behind a counterparty A BIC or a licence identifies an entity; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment firms. [Read about the FinCrime Index](https://elucidate.co/ratings). [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.