(13 March 2017)
This is to inform all Authorized Money Changers (AMC) that the Royal Monetary Authority of Bhutan is currently in the process of re-issuing the AMC`s license. The new license issued would be with a validity period subject to renewal annually.
Therefore we would like to request the existing AMCs to apply to the Foreign Exchange and Reserve Management Department of the Authority along with the following documents for the new license on or before 31st March 2017. Failing to do so the license shall be considered invalid for operation by the Authority.
For further information contact Foreign Exchange and Reserve Management Department at 323111(225/106)
Documents required:
· Business license issued by the Department of Trade Ministry of Economic Affairs
· CID copy of the license holder
· 2 nos. Passport sized photograph