Official Announcement — One-Time Credit of $30 for Gelephu International Airport Fixed-Term Deposit (FTD) Programme
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We are pleased to announce a special one-time credit of $30 for each customer who purchases the Gelephu International Airport Fixed-Term Deposit (FTD) programme. This credit is a token of our appreciation to reward your commitment and help offset the international transfer fees you may have incurred while investing in the FTD.
The one-time credit offer is available until March 31, 2025.
We hope this $30 credit will further enhance your experience with the FTD programme and encourage more members of the Non-Resident Bhutanese (NRB) community to participate in this valuable investment opportunity.
When and How Will Customers Receive It?
Customers simply need to successfully open an FTD by March 31st, 2025, and look forward to receiving your $30 credit with their first interest payment in April 2026. The $30 will be credited in USD directly to customer’s ORO Bank account.
Key Dates and Interest Periods
To provide clarity and encourage broader participation in the Gelephu International Airport Fixed-Term Deposit (FTD) programme, we have established two key purchase periods with specific interest accrual timelines.
- FTD Purchases made by December 31, 2024: Participants who deposited funds into the FTD by December 31, 2024 will receive an additional 3 months’ worth of interest. This means that if you deposit $1,000 into the FTD at a 4% annual interest rate, you would earn:
- 3 months of interest paid in April 2026: $10 (4% of $1,000 for 3 months)
- 12 months of interest paid in April 2026: $40 (4% of $1,000 for 12 months)
- Total interest earned in the first 15 months: $50. Additionally, participants will be awarded a one-time $30 credit, bringing the total financial value of your participation to $80.
This bonus 3-month interest period is designed to reward early participants and encourage timely deposits.
- FTD Purchases Between January 1 and March 31, 2025: For those who make their FTD deposits during the period of January 1 to March 31, 2025, interest will begin accruing from the date the deposit is made. This ensures that all participants, regardless of their deposit timing, earn interest on their funds from the moment they are invested.
- For example, if you deposit $1,000 into the FTD on February 15, 2025, you will begin earning interest on that $1,000 from February 15, 2025 onwards. The first interest payment you receive in April 2026 will reflect the full 12 months of interest earned on your deposit. Additionally, you will be awarded a one-time $30 credit.
It is important to note that March 31, 2025 is the final deadline for FTD purchases to be eligible for this immediate interest accrual.
By offering these flexible purchase periods and interest accrual timelines, we aim to accommodate the diverse financial needs and investment preferences of our Non-Resident Bhutanese customers, while incentivizing timely participation in the Gelephu International Airport FTD programme.
You are Bhutanese living abroad and haven’t opened an FTD yet?
Open an FTD today and get $30 credit. Available till March 31, 2025.
Open Your FTD NowFor more information, please visit:
- Gelephu Investment and Development Corporation (GIDC): https://gidc.bt
- FAQs: One-time credit for FTD