Bank of Bhutan launched INR prepaid card, that can be availed even by those without BoB accounts. It allows travellers withdraw INR 50,000 per month from any MasterCard enabled ATM in India and also use for shopping through POS machines.The card is valid for 3 years. For replacement or renewal, Nu 150 will be charged per card.
Bank officials say that apart from business and pilgrimage trips, the prepaid card will be useful for students studying in India for their daily living expenses.
BOB also announced the acceptance of Japan Credit Bureau (JCB) cards. With the launch of JCB cards, BoB will become the first bank in the country to accept cards issued by Japan Credit Bureau International Company. JCB is a major global payments brand and a leading payment card issuer and acquirer in Japan.