Financial Institution

The legal framework to regulate, license and supervise these financial institutions is UNTAET Regulation No. 2000/8 on Bank Licensing and Supervision, UNTAET Regulation No. 2000/5 on the establishment of Currency Exchange Bureaux, RDTL’s Law No.6/2005 Regime for the Licensing, Supervision, and Regulation of Insurance Companies and Insurance Intermediaries and its relevant Instructions for the licensing of general and life insurance companies and insurance intermediaries, Public Instruction No. 6/2020 on the Licensing and Supervision of Other Deposit Taking Institutions, and Instruction No.01/2013 On the Licensing and Supervision of Money Transfer Operators.

The provisions contained in those legislations were adopted the International best practice standards. The leading financial institution in the country is the BCTL that license, supervise, and regulate those financial institutions activities.

As a new nation, Timor-Leste is in the right direction to develop its national financial system that, at an initial stage, comprised exclusively the banking sector and currency exchange activities.

At this stage, the financial institution in Timor-Leste composed of Banco Central de Timor-Leste (BCTL), four branches of foreign banks, one local stated own commercial bank, two general insurance companies, one life insurance company, four foreign currency exchange bureau, two other deposit taking institutions, and one credit corporation finance.

In addition two micro finance institutions namely Tuba Rai Metin (TRM) and Moris Rasik in process to obtain license as Other Deposit Taking Institutions as per Public Instruction No. 06/2010 on the Licensing and Supervision of Other Deposit Taking Institutions.

Detailed information on the respective financial institutions can be found through the link to their Home Page in the tables below.

Financial Service Access Points 2020 Map
Financial Service Access Points 2022 Map

Commercial Banks

BNU TIMOR – GRUPO CAIXA GERAL DE DEPÓSITOS

AUSTRALIA AND NEW ZEALAND BANK (ANZ) BANKING GROUP, TIMOR-LESTE BRANCH

BANCO NACIONAL DE COMÉRCIO DE TIMOR-LESTE (BNCTL)

PT. BANK MANDIRI (PERSERO) TBK. DILI - TIMOR-LESTE BRANCH

PT. BANK RAKYAT INDONESIA (PERSERO), TBK, TIMOR-LESTE BRANCH

BANCO DO NOSSO FUTURO, S.A

MONEY TRANSFER OPERATORS

SAHABAT LORO SA'E, UNIPESSOAL, LDA "MONEY TRANSFER"

ISLAND DREAM MONEY, LDA "MONEY TRANSFER"

SISTER MOTOR II UNIPESSOAL, LDA "MONEY TRANSFER OPERATOR"

BOA VENTURA UNIPESSOAL, LDA " MONEY TRANSFER OPERATOR"

BARATU GROUP "MONEY TRANSFER OPERATOR"

IISTANA GROUP "MONEY TRANSFER OPERATOR"

FOHO OSAN MEAN GROUP "MONEY TRANSFER"

PACIFIC HOLDINGS, UNIPESSOAL, LDA "MONEY TRANSFER"

ALEXANDER MONEY TRANSFER, UNIPESSOAL, LDA

TELEMOR FINTECH UNIPESSOAL, LDA "MONEY TRANSFER"

CURRENCY EXCHANGE BURREAUX (CEB)

Global EX, CEB

Sahabat Loro Sa'e Unipessoal, LDA

Island Dream Money, lda " Currency Exchange Burreaux "

Money Home Exchange, LDA

Insurance Companies

Sinarmas Insurance, SA (SMI)

Sinar Mas Life Insurance, S.A (SMLI)

Federal Insurance Timor, S.A. (FIT)

Other Deposit Taking Institutions (ODTIs)

Kaebauk Investimentu no Finansas, SA (KIF)

SERVISU FINANSEIRU MORIS RASIK, SA

Finance Company

FINANCE HUB, S. A

FINTECH COMPANIES

TELEMOR FINTECH, LDA

TELLIN DIGITAL SOLUTION, LDA

TI-OAN FINTECH, LDA

Agent Banking

No.

Name of the Financial Institution

Type of Financial Activities

Phone Number

Email Address

City

Administrative Post

Village

Date Established

End Date

LICENSE NUMBER	CPO/01/2000
CLASSIFICATION LEVEL	B
STREET ADDRESS	Av. Presidente Nicolau Lobato, 12/13 Apartado 190 Dili - Timor-Leste
TELEPHONE	+670 3300000
TELEFAX	+670 3312922
SWIFT CODE	CGDITLDI
EMAIL	cgd.timor@bnu.tl
HOME PAGE	www.bnu.tl

LICENSE NUMBER	CPO/B/02/2001
CLASSIFICATION LEVEL	B
STREET ADDRESS	Timor Plaza, 3^rd floor Rua Presidente Nicolau Lobato Comoro – Dili, Timor Leste
TELEPHONE	+670 3306100
TELEFAX	+670 3316789
SWIFT CODE	ANZBTLDI
EMAIL	easttimor@anz.com
HOME PAGE	http://www.anz.com/timorleste/en/auxiliary/

LICENSE NUMBER	BCTL/169/2026
CLASSIFICATION LEVEL	A
STREET ADDRESS	Av. Presidenti Nicolau Lobato, Mandarin Dili – Timor-Leste
CALL CENTER NUMBER	+670 74310000/75600000
WHATSAPP NUMBER	+670 75600000
EMAIL	CC@bnctl.tl Or ccubnctl@gmail.com
WEBSITE	www.bnctl.tl
FACEBOOK	Banco Nacional de Comércio de Timor-Leste
INSTAGRAM	bnctltimorleste
TIK TOK	bnctl_timorleste
WHATSAPP CHANNEL	BNCTL
SWIFT CODE	BNFTTLDI

LICENSE NUMBER	BPA/B/04/2003
CLASSIFICATION LEVEL	A
STREET ADDRESS	Presidente Nicolau Lobato No. 12 Colmera, Dili – Timor-Leste
TELEPHONE	+670 331 7777
TELEFAX	+670 331 7444
SWIFT CODE	BEIIIDJAXXX
EMAIL	dili_timorleste@bankmandiri.co.id
HOME PAGE	http://www.bankmandiri.co.id/

LICENSE NUMBER	BCTL/B/05/2017
CLASSIFICATION LEVEL	B
STREET ADDRESS	Grand Diocese Colmera Complex, Rua Nicolao dos Reis Lobato, Dili, TL
TELEPHONE	+670 3311372
TELEFAX	+670 3310198
SWIFT CODE	BRINTLDI
EMAIL	timorleste@bri.co.id
HOME PAGE	bri.co.id

LICENSE NUMBER	BCTL/156/2025
CLASSIFICATION LEVEL	A
STREET ADDRESS	Av. Presidente Nicolau Lobato, Beto Leste, Madohi – Dili, Timor-Leste
TELEPHONE	+670 76714676 / 77984405
TELEFAX	-
SWIFT CODE	BNFTTLDI
EMAIL	-
HOME PAGE	-

NUMBER OF MTO	1
NAME OF MTO	Sahabat Loro Sa'e, Unipessoal, Lda "Money Transfer"
LICENSE Nº	GD No.4/2013
DATE	21 May ‘13
ADDRESS	Av. Jacinto Cândido Dili, Timor-Leste
MOBILE NUMBER	77344300
OPERATING OFFICE	1

NUMBER OF MTO	2
NAME OF MTO	Island Dream Money, Lda” Money Transfer”
LICENSE Nº	GD No. 5/2013
DATE	21 May ‘ 13
ADDRESS	Rua de Luís Dos Reis Noronha, Villa Verde, Dili, Timor-Leste
MOBILE NUMBER	77520635
OPERATING OFFICE	3

NUMBER OF MTO	3
NAME OF MTO	Sister Motor II Unipessoal, Lda “Money Transfer Operator”
LICENSE Nº	GD No. 6/2013
DATE	21 May ’13
ADDRESS	Av. Belarmino Lobo Dili, Timor-Leste
MOBILE NUMBER	77171712
OPERATING OFFICE	1

NUMBER OF MTO	4
NAME OF MTO	Boa Ventura Unipessoal, Lda “Money Transfer Operator”
LICENSE Nº	GD No. 8/2013
DATE	6 Jun’ 13
ADDRESS	Av. Belarmino Lobo Dili, Timor-Leste
MOBILE NUMBER	77371071
OPERATING OFFICE	1

NUMBER OF MTO	5
NAME OF MTO	Baratu Group “Money Transfer Operator”
LICENSE Nº	GD No. 9/2013
DATE	6 Jun ‘13
ADDRESS	Av. Presidente Nicolau Lobato, Colmera Dili, Timor-Leste
MOBILE NUMBER	77359637
OPERATING OFFICE	1

NUMBER OF MTO	6
NAME OF MTO	Istana Group Money Transfer Operator
LICENSE Nº	GD No. 10/2013
DATE	25 Jun’ 13
ADDRESS	Av. Martires da Patria, Mandarin 124, Dili Timor-Leste
MOBILE NUMBER	77454297
OPERATING OFFICE	2

NUMBER OF MTO	7
NAME OF MTO	Foho Osan Mean Group “Money Transfer”
LICENSE Nº	GD No. 11/2013
DATE	25 Jun’ 13
ADDRESS	Av. Audian 25 Dili, Timor-Leste
MOBILE NUMBER	77814485
OPERATING OFFICE	1

NUMBER OF CEB	1
NAME OF CEB	Global EX, CEB
LICENCE Nº	CPO/CEB/02/2002
ADDRESS	Av. Presidente Nicolau Lobato, Colmera Dili, Timor - Leste
MOBILE NUMBER	+670 390 321 586
FACSIMILE	+670 390 321 584
EMAIL	wunionet@yahoo.com.au
OPERATING OFFICE	1

NUMBER OF CEB	3
NAME OF CEB	Sahabat Loro Sa’e, Unipessoal, Lda
LICENSE Nº	BR № 67/2018
DATE	23 March,2018
ADDRESS	Av. Jacinto Candido, Dili Timor-Leste
MOBILE NUMBER	+670 73405100
EMAIL	licensahabat@yahoo.co.id
OPERATING OFFICE

Insurance	Sinarmas Insurance, SA(SMI)
Municipal	Dili
Administrative Post	Nain Feto
Suco	Aldeia, Bidau Lecidere
Street Address	Travessa da Virgem Maria, Dili, Timor-Leste
Telephone	+670 331 0899
Email	info@sinarmasinsurance-timorleste.com

Insurance	Sinar Mas Life Insurance,S.A
Municipal	Dili
Administrative Post	Nain Feto
Suco	Aldeia, Bidau Lecidere
Street Address	Travessa da Virgem Maria, Dili, Timor-Leste
Telephone	+670 78573334, 74787983
Home Page	www.sinarmaslife-timorleste.com

LICENSE NUMBER	Resolution №38/2016, 23 August
STREET ADDRESS	Suite 4, No Coracao de Dili (Opposite Liceu), Rua de Mozambique, Colmera, Dili, Timor – Leste
TELEPHONE	(+670) 331 0098 / 7770 2337
E-MAIL	info@asuransifit.com
HOME PAGE	-

License Number	GBR No.39/2016
Address	Rua Bebonuk, Dom Aleixo, Díli, Timor-Leste
Phone	+670 3322062 / 77262887
Website	www.kaebauk.tl
Skype	angelo.soares65
Chief Executive Officer (CEO)	Angelo Soares

NUMBER OF CEB	5
NAME OF CEB	Money Home Exchange
LICENSE Nº	BCTL/159/2025
DATE	22 September 2025
ADDRESS	Av. Bemori Central, Bemori, Nain Feto, Dili Timor-Leste
DIRECTOR	Mr. Vincent Yeo Tack Yee
MOBILE NUMBER	+65-6748 6004
FACSIMILE
EMAIL	info@harotan.com.sg
OPERATING OFFICE

License Number	GBR No.81/2018
Address	Head Office, Unit 334-335, 3^rd Floor, Timor Plaza Av. Presidente Nicolau Lobato, Dili, Timor-Leste
Phone	+670 77301896, +670 77301910
Email	ashan@morisrasik.com or Joao@morisrasik.com
Website	www.morisrasik.com
Skype	ahsan.bd60
Chief Executive Officer (CEO)	Md Ahsan Ullah Bhuiyan

NUMBER OF FC	1
NAME OF FC	Finance Hub, S.A
LICENSE Nº	BCTL/160/2025
DATE	6 November, 2025
ADDRESS	Av. Presidente Nicolau Lobato, Timor Plaza, CBD 3, Piso 2, No 202, Dili, Timor-Leste
DIRECTOR	Mr. Sunny Ravikash Deo
MOBILE NUMBER	+670 77737666
FACSIMILE
EMAIL	sunny@financehub.com.fj
OPERATING OFFICE

License Number	GBR No.95/2019 of August 22
Address	Timor Plaza CBD 4, 3^rd Andar An, PNL, 20 de Setembro, Bebonuc, Dom-Aleixo, Dili, Timor- Leste
Phone	+670 76188188`
Director	Pham Van Manh
Website	https://mosan.telemor.tl

License Number	GBR no. 114/2021 of October 27
Address	Manu Fuic, Colmera, Vera-Cruz, Dili, Timor-Leste
Phone	+670 73000021
Director	Heru Yulianto
General Manager	Oscar Lusio
Website	https://t-pay.tl

License Number	GBR no. 151/2025 of March 27
Address	ETO Tower 6th Floor, Avenida Presidente Nicolau Lobato, Colmera, Dili – Timor Leste
Phone	+670 78358939
Director	Nilton Telmo Gusmão dos Santos
General Manager	Protasio Emanuel da Costa Silva Bacun
Website