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Monday 09:00 - 17:00 Tuesday 09:00 - 17:00 Wednesday 09:00 - 17:00 Thursday 09:00 - 17:00 Friday 09:00 - 17:00

Central Registry for Secured Transaction

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Central Registry for Secured Transaction

Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Central Registry for Secured Transaction, Post box no. 154 Chhophel Lam Thimphu, Thimphu.

Central Registry for Secured Transaction creates a platform for the financial institutions and lenders to keep their transaction secured over the movable Property.

03/02/2026

📣 𝐏𝐮𝐛𝐥𝐢𝐜 𝐍𝐨𝐭𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧: 𝐂𝐑𝐒𝐓 𝐎𝐟𝐟𝐢𝐜𝐞 𝐑𝐞𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧 📣

01/02/2026

This is to inform the general public that the Royal Monetary Authority of Bhutan (RMA) hereby notifies the relocation of the Central Registry for Secured Transactions (CRST).
The CRST office, which was previously located at the NPPF Building above the Financial Institutions Training Institute Ltd. (FITI), has been relocated to the NPPF Head Office Building, base floor, near the Credit Information Bureau (CIB) office.
With effect from 02 February 2026, all services related to movable property, including Certified Search Reports and other related services, will be provided from the new office location.
This relocation is intended to enhance public convenience by enabling access to both movable property services and individual CIB reports from the same workstation.
The public is therefore advised to take note of the new office location and visit the CRST office accordingly for all related services.
For further clarification during office hours, please contact:
• Official Fixed Line: 02-336631
We appreciate your cooperation.

17/12/2025

𝐂𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐢𝐧𝐠 𝟏𝟏𝟖𝐭𝐡 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐃𝐚𝐲 𝐨𝐟 𝐁𝐡𝐮𝐭𝐚𝐧 🇧🇹

The Board, Manangement, and Staff of the Royal Monetary Authority joins the nation in celebrating the 118th National Day of Bhutan, with heartfelt gratitude to the Wangchuck Dynasty and prayers for everlasting sovereignty of our beloved Kingdom 🐉

10/11/2025

On the joyous occasion of the 70th Birth Anniversary of His Majesty The Fourth Druk Gyalpo, CRST, RMA offer heartfelt felicitations and prayers for His Majesty’s good health, long life, and eternal happiness. In line with the national celebration, our office will remain closeed from 11th to 14 November 2025.

04/06/2025

11/11/2024

On joyous occasion of 69th Birth Anniversary of the His Majestry King, the Central Registry for Secured Transaction ,RMA joins nation in wising Your Majestry a Happy Birth Anniversary and offer ours prayers for Your Majestry's long life

24/10/2024

Dear customers, we are regreted to inform you that, from yesterday 11 am to till today, we have power supply shortage in building, so we delay in issuing the vehicle report. The electricians are working hard to restore the power as soon as possible. Thanks for bearing with us

19/04/2024

One day training on Factoring for financial and non-financial institutions by IFC teams.Organised by RMA and IFC at DustitD2,Thimphu

20/02/2024

05/02/2024

On the joyous occasion of His Royal Highness Gyalsey Jigme Namgyel Wangchuck 's 8th Birth anniversary, CRST,RMA expresses heartfelt prayer on behalf of all its employees, wishing our beloved Gyalsey good health, prosperous life

31/12/2023

WISHING HAPPY NEW YEAR, 2024

17/12/2023

On this joyous occasion of the 116th National Day, the Board, Management and Staff of the Royal Monetary Authority of Bhutan take this opportunity to thank all our monarch for their selfless dedication and hard work towards making a happy and peaceful country.

May the Druk Yul continue to enjoy the harmony, economic prosperity and happiness under the leadership of Wangchuck Dynasty.

Happy 116th National Day!

Address

Post Box No. 154 Chhophel Lam Thimphu
Thimphu
11001

Opening Hours

Monday	09:00 - 17:00
Tuesday	09:00 - 17:00
Wednesday	09:00 - 17:00
Thursday	09:00 - 17:00
Friday	09:00 - 17:00

Website

http://www.crst.bt/

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CENTRAL REGISTRY OF BHUTAN

History

Central Registry in Bhutan (Secured Transaction Registry)

The Royal Government of Bhutan has a Micro, Small and Medium Enterprise (MSME) Sector Development Program (SDP) with the Asian Development Bank (ADB). The overall objective of the MSME SDP is to promote the expansion and growth of a vibrant MSME sector and encourage private sector development for broad based, sustainable economic growth and employment. The Grant Agreement for the Micro, Small and Medium Enterprise Sector Development Program (MSME SDP BHU 39221) was signed between the Royal Government of Bhutan and Asian Development Bank on 19th February 2008 in Thimphu.

The Project has 3 sub projects.

Sub project 1: Increase access to market – based finance,

Sub project 2: Enhance Business Development Services and

Sub project 3: Program Implementation and Institutional Capacity Building.

Under the sub project 3: there are four components. The component 3: Establishment of a Central Registry is to encourage secured transactions and improve the use of collateral's, the MSME SDP will set up a Central Registry, and where mortgages and other security interest in movable property can be registered for collateralize. A registry is also important for monitoring and securing “lender – borrower / creditors – debtor” transactions, facilitate credit information sharing and therefore, effectively improve access to credit businesses. Therefore, secured transaction was to be implemented by RMA.

Central Registry was launched in August 2013 and went live in July 2014. After the system went live the financial institutions were provided with 6 months for the data entry where they initially started with the vehicle registration for the first three months and other movable collateral in the remaining three months. The fees were applicable only for the loans given after June 30th 2014 by the financial institutions.

Central Registry’s Mission

The fundamental mission of the Central Registry Office is to receive, maintain and disseminate information to

(a) Enable creditors to make informed business decisions about lending secured by movable property and

(b) Secure the priority of an encumbrance of a creditor in a debtor’s movable property against buyers, other creditors and insolvency of the debtor

1. Functions of Central Registry

The Central Registry acts as a single, centralized repository for all security interests on movable goods.

These are essential purposes served by a CR which are as follows:

To make information available to the public on secured transactions on movable property only.

To determine the priority of conflicting claims over the same property subject to multiple security.

provide a public service to anyone wishing to make inquiries of possible existing relationship between a creditor and a debtor as it relates to movable collateral

4. Respond to inquiries, collect and reconcile fees, provide assistance to when required, issue all within the prescribed time frame as set out in the Statute.

5. oversee the administration of the secured transactions law in other jurisdictions

6. keep current with best practices in the area of electronic registries

7. provide information and training to users of the system, and other public institutions,

8. maintain and refine further development of legal framework and Registry operations

The Central registry provides notice to potential lenders of credit of all the debtor’s prior security interests in movable property.