SWIFT - Seamless International Money Transfers via SWIFT
Fast, Secure Transfers Worldwide – T Bank
T Bank offers reliable SWIFT (Society for Worldwide Interbank Financial Telecommunication) remittance services for individuals and businesses. Send or receive funds globally with confidence, backed by robust security and decades of expertise.
Outward SWIFT Remittance: Send Funds Abroad
How It Works
Key Detail
- Purpose: Imports, tuition fees, investments, family support, and more.
- Processing Time: 1–3 business days (varies by destination and banks).
- Fees:
- 0.2% of the converted remittance amount + SWIFT fee of Nu. 500.
- Additional charges from correspondent banks may apply.
1. Submit Application
- Access the Bhutan Trade Fin Net (BTFN) system to submit your remittance request.
- Forward the application reference to T Bank for approval. [BTFN Process Guide]
2. Provide Recipient Details
- Complete T Bank’s remittance form with:
- Recipient’s name, bank name, SWIFT/BIC code, account number (or IBAN).
- Transfer amount and currency.
3. Approval & Transfer
- Upon approval, T Bank sends payment instructions via SWIFT to the recipient’s bank.
- Funds may pass through intermediary banks before reaching the beneficiary.
Incoming SWIFT Remittance: Receive Funds in Bhutan
How It Works
1. Share T Bank’s Details with Sender
- Provide the sender with T Bank’s SWIFT code (TBBTBTBT) and correspondent bank details (see below).
- Ensure the sender includes your:
- Name, account number, and address.
2. Funds Routing
- The sender’s bank routes funds via T Bank’s correspondent partners.
- T Bank credits your account upon receipt (no incoming fees*).
- Correspondent banks charges may apply and will be deducted from the transfer amount.
Correspondent Banks by Currency
USD
Correspondent Bank: State Bank of India, New York
SWIFT Code: SBINUS33
IFSC code: N/ A
Pay Through Bank: N/A
Pay Through Bank ( swift code ) : N/A
Beneficiary Bank: T Bank ltd (TBBTBTBT)
USD
Correspondent Bank: HDFC Bank Ltd., Hong Kong
SWIFT Code: HDFCHKHH
IFSC code: N/ A
Pay Through Bank: JP Morgan Chase Bank, New York, USA
Pay Through Bank ( swift code ) : CHASUS33
Beneficiary Bank: T Bank ltd (TBBTBTBT)
AUD
Correspondent Bank: HDFC Bank Ltd., Hong Kong
SWIFT Code: HDFCHKHH
IFSC code: Australia & New Zealand Banking Group Limited, Australia
Pay Through Bank: Australia & New Zealand Banking Group Limited, Australia
Pay Through Bank ( swift code ) : ANZBAU3M
Beneficiary Bank: T Bank ltd (TBBTBTBT)
JPY
Correspondent Bank: HDFC Bank Ltd., Hong Kong
SWIFT Code: HDFCHKHH
IFSC code: N/ A
Pay Through Bank: JP Morgan Chase Bank, Tokyo, Japan
Pay Through Bank ( swift code ) : CHASJPJT
Beneficiary Bank: T Bank ltd (TBBTBTBT)
EUR
Correspondent Bank: HDFC Bank Ltd., Hong Kong
SWIFT Code: HDFCHKHH
IFSC code: N/ A
Pay Through Bank: JP Morgan Chase Bank, Frankfurt, Germany
Pay Through Bank ( swift code ) : CHASDEFX
Beneficiary Bank: T Bank ltd (TBBTBTBT)
INR
Correspondent Bank: Axis Bank / HDFC Bank / DBS Bank
SWIFT Code: AXISINBBFIC / HDFCINBB / DBSSINBB
IFSC code: UTIB0000035/ HDFC0000060/ DBSS0IN0811
Pay Through Bank: N/A
Pay Through Bank ( swift code ) : N/A
Beneficiary Bank: T Bank ltd (TBBTBTBT)
Why Choose T Bank for SWIFT Transfers?
Global Network
Leverage partnerships with top correspondent banks for efficient routing.
Transparent Pricing
Clear fee structure with no hidden costs for incoming transfers.
FAQs
Can I track my SWIFT transfer.
- Yes, request a transaction reference for real-time tracking.
Why do some transfers take longer?
- Delays may occur due to time zones, intermediary banks, or compliance checks.
