Term deposit savings
TransBank offers regular term deposit accounts with the highest interest rate that allows individuals to grow savings.
Benefits
  • Competitive interest rates;
  • No restrictions for deposit transactions;
  • Use as collateral for deposit collateralized loans with a low interest rate;
  • Access and manage your account by using our online banking service
Terms and conditions

Terms

MNT USD EUR CNY

JPY

Duration

Annual interest rate
1 month 10.50% 2.20% 1.20% 1.20%

1.20%

2 months

10.50% 2.50% 1.20% 1.20% 1.20%
3 – 6 months 11.00% 4.00% 3.60% 4.00%

3.30%

7 – 9 months

11.50% 4.00% 3.60% 4.00% 3.30%
10 – 11 months 12.00% 4.00% 3.60% 4.00%

3.30%

12 months

14.00% 4.00% 3.60% 4.00% 3.30%
13 – 18 months 14.00% 5.00% 3.60% 4.00%

3.30%

19 – 24 months

14.00% 5.50%
Upon early termination
2.4%-4.8% 1.2% 0.6% 0.6%

0.6%

Minimum balance requirement

10,000 MNT 10 USD 10 EUR 100 CNY 1,000 JPY
Interest payment conditions
  • Savings with a maturity of 1 to 11 months;
  • 12-24 month deposits will be given quarterly interest;

Withdrawal conditions

  • At the end of every 3 months for 12-month deposits;
  • For savings with a maturity of 13 to 24 months, you will be entitled to spend 1 time in a 7-day calendar period at the end of every 6 months.
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