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Request approval for FC account
(last modified: 14/04/2023)

Contact details

Royal Monetary Authority

Entity in charge

Royal Monetary Authority

Dechen Lam, Thimphu
Tel: +975 2 323 111    
Email: webmaster@rma.org.bt   
Foreign Exchange Department, RMA

Unit in charge

Foreign Exchange Department, RMA

Mon: 09:00 - 01:00, 02:00 - 05:00
Tue: 09:00 - 01:00, 02:00 - 05:00
Wed: 09:00 - 01:00, 02:00 - 05:00
Thu: 09:00 - 01:00, 02:00 - 05:00
Fri: 09:00 - 01:00, 02:00 - 05:00
Damcho Dema

Person in charge

Damcho Dema

Assistant Forex Officer
Tel: +975 2 323 111    
Email: damchodema@rma.org.bt   

Expected results

Appointment

Requirements

1.
Application form - FCA - III (original)
2.
FDI registration certificate (Simple copy)

Time frame

Waiting time in queue: Min. 0 mn - Max. 5 mn
Attention at counter: Min. 0 mn - Max. 5 mn
Waiting time until next step: Min. 1 day - Max. 2 days

Legal justification

1.
Foreign Exchange Rules and Regulations 2022 40, 44-a(vi)
2.
Foreign Direct Investment Policy 2019
articles 5.1, 11 (i)

Additional information


Additional documents may be required depending on the type of business. For example: a copy of license from Department of Civil Aviation is required in case of Airlines

Recourse: Royal Monetary Authority

Royal Monetary Authority

Entity in charge

Royal Monetary Authority

Dechen Lam, Thimphu
Tel: +975 2 323 111    
Email: webmaster@rma.org.bt   
Foreign Exchange Department, RMA

Unit in charge

Foreign Exchange Department, RMA

Mon: 09:00 - 01:00, 02:00 - 05:00
Tue: 09:00 - 01:00, 02:00 - 05:00
Wed: 09:00 - 01:00, 02:00 - 05:00
Thu: 09:00 - 01:00, 02:00 - 05:00
Fri: 09:00 - 01:00, 02:00 - 05:00
Dechen Pelzom

Person in charge

Dechen Pelzom

Executive Director
Tel: +975 2 323 111    

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