- Can prevent from the potential multilateral issues, misunderstandings and doubts between the parties and cover risks;
- Reliable and safe transfer of the funds by the bank with the consent of the parties who are subject to the terms of the agreement;
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Escrow account

Escrow account
We offer you an escrow account service that allows you to protect yourself from the risks that may arise when trading or buying high-value assets. By choosing this service, the bank assumes the obligation to securely transfer payments with the consent of the parties to the contract.
Benefits
Terms and conditions
Terms | MNT | USD | EUR | CNY |
JPY |
On purchase agreements for property and real estate’s sale: |
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Seller |
20,000 | 10 | 10 | 70 |
1,000 |
Buyer |
20,000 | 10 | 10 | 70 |
1,000 |
Other: |
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Seller | 0.1%
/Up to 100,000 MNТ / |
0.1% /Currency equivalent to 100,000 MNT / |
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Buyer |
Fees and charges
Eligibility or required documents
- Customer application form /download here/;
- An original copy and a copy of the agreement between the parties;
- Documents required:
- For Mongolian citizens: Citizen ID card;
- For Foreign citizens: Passport and certificate of alien registration;