Gold Deposit Account
TransBank offers gold term deposit account services for licensed entities in the gold mining sector. This ensures top-notch security in the safest environment possible. By. We ensure the top safety on your physical gold for a set period, we also provide an attractive interest rate for the savings account.
Benefits
  • Your physical gold is protected from potential risks such as theft, fraud, or exchange rate fluctuations;
  • Interest is capitalized in international benchmark XAU units on your gold deposits;
  • No fees are charged on withdrawal and transaction;
Terms and conditions

Gold-Term Savings Account Terms and Conditions

Account opening currency

XAU- Gold

Deposit term

1 – 3 months 6 months 9 months 12 months
Annual Interest 2.25% 2.5% 2.75%

3.0%

Interest payment on early termination

1.0%
Fees for withdrawing cash from savings

1.5%

Minimum balance

Interest payment conditions

Quarterly

Eligibility or required documents
  • Customer application form; /download here/
  • For Mongolian citizens: Citizens ID card;
  • A copy of the license issued by the Financial Regulatory Commission /with the original/