Public Notification on INR Denomination Rs.500 and Rs.1000

The Royal Monetary Authority of Bhutan informs the General public that with effect from May 01, 2015 individuals are allowed to carry Indian Currency Notes of denominations: Rs.500 and Rs.1000 subject to the limit of Rs. 25,000 (twenty five thousand).


The Authority also cautions the General Public that there were instances of counterfeiting Indian Currency Notes of above denominations especially in the border towns of the country. The Authority requests all individuals to be vigilant and careful while accepting higher denominations of Indian Currency Notes.


For the conveniences of General Public, the RMA has already trained the Banks` staff and also installed Counterfeit Note Detecting Machines at the Commercial Banks of Thimphu, Phuentsholing and Gelephu. Any individuals having difficulty to authenticate the genuiness of such currency notes are advised to seek assistance from the above banks.