The Royal Monetary Authority (RMA) launched a Cash Incentive Scheme for Non-Resident Bhutanese with the aim to promote remittance inflows through appropriate policy incentives. The incentive is being made available exclusively to Bhutanese overseas to offset the transaction costs while remitting money to their personal accounts or to their family members in Bhutan. The Non-Resident Bhutanese shall be provided 1% incentive on convertible currency upon conversion into Ngultrum remitted to Bhutan through formal channels.

The pilot scheme is valid for a period of one year from June 1, 2021 to May 31, 2022.

This survey aims to determine the effectiveness of the Cash Incentive Scheme and identify the shortcomings for suitable interventions.

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* 1. Name

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* 2. What is your current occupation?

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* 3. In which country do you currently reside?

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* 4. Are you aware of the 1% cash incentive scheme on remittance introduced by RMA for the Non-Resident Bhutanese?

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