- Earn monthly interest on your deposits; ensuring a steady source of income;
- Deposit transactions are allowed anytime;
- Benefit from a higher than market average interest rate;
Repaid interest deposit
TransBank offers a special deposit account service that enables you to earn monthly interest income on your term deposits, credited directly to your current account, providing you with a steady and regular income stream.
Benefits
Terms and conditions
|
Account currency |
MNT | USD |
| Term of deposit |
Annual Interest |
|
| 3 – 6 months |
11.3% |
3.8% |
|
7 – 12 months |
12.5% | 3.8% |
|
Interest payment on early termination |
2.4%-4.8% |
1.2% |
| Minimum balance | 1,000,000 MNT |
1,000 USD |
|
Interest payment conditions |
Every month | |
| Savings book |
Free |
|
Eligibility or required documents
-
Customer application form; /download here/
- For Mongolian citizens: Citizens ID card;
- For Foreign citizens: Passport and certificate of alien registration
