- Receive child benefit payments provided by the Government of Mongolia directly into your account;
- Save time by monitoring your account activity and making transactions through Online Banking;
- Build savings by linking your account directly to your child’s savings account;
- Make cash withdrawal transactions at any branch free of charge;
- No account closure fee.
Child allowance current account
A current account designated for receiving child benefit payments under the Government of Mongolia's Child Benefit Program.
Benefits
Terms and conditions
| Child allowance current account | |
| Account currency | MNT |
| Annual Interest | 0% |
| Minimum balance | 0 MNT |
| Close account fee | 0 MNT |
| Description: A current account designated for receiving child benefit payments under the Government of Mongolia’s Child Benefit Program. | |
Other fees
Eligibility or required documents
- Customer application form /download here/
- Birth certificate of the child opening a current account
- Identity card of the parents
