- You can make payments in the 8 most common currencies;
- The most favorable interest rate conditions;
- Additional services for international wire transfer (MT101, MT940)
- You can make international wire transfer from anywhere using our Internet banking services;
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- International wire transfer



CURRENCY |
AMOUNT | OUR BANK FEE |
CORRESPONDENT BANK FEE |
US Dollar
|
<5,000 |
15,000 MNT |
20 USD |
5,000.01-100,000 |
25,000 MNT |
||
>100,000.01 |
35,000 MNT |
||
Guaranteed remit in full service (G-OUR) |
35-60USD |
||
US Dollar (to Korea)
|
<5,000 |
15,000 MNT |
25 USD |
5,000.01-100,000 |
25,000 MNT |
||
>100,000.01 |
35,000 MNT |
||
Euro (to Germany)
|
<2,500 |
15,000 MNT |
5 EUR |
2,500.01-12,500 |
25,000 MNT |
10 EUR |
|
>12,500 |
35,000 MNT |
20 EUR |
|
Euro (to other countries) |
|
30,000 MNT |
20 EUR |
Chinese Yuan |
<100,000 |
10,000 MNT |
50 CNY |
>100,000 |
20,000 MNT |
||
Japanese Yen |
12,000MNT+(0.3%when paying in cash) |
0.05% (minimum 2500 JPY) |
|
Russian Ruble |
15,000MNT+(1.5%when paying in cash) |
No fee |
|
British Pound |
15,000MNT+(0.3%when paying in cash) |
15 GBP |
|
Hong Kong Dollar |
25,000MNT+(0.3%when paying in cash) |
200 HKD |
|
Singapore Dollar |
20,000MNT+(0.3%when paying in cash) |
25 USD |
|
Turkish Lira |
15,000MNT |
100 TRY |
|
Other |
32,000MNT |
35 EUR |
Fees and charges for recalling and amending international transfers at the customer’s request:
Amendment, Recall and Return | USD | 30 USD |
EUR | 50 EUR | |
CNY | 50 CNY | |
JPY | 7,500 JPY | |
RUB | 300 RUB | |
GBP | 50 USD | |
HKD | 20 USD | |
SGD | 20 USD | |
TRY | 250 TRY | |
Other | 40 EUR | |
Inquiry | USD | 30 USD |
EUR | ||
CNY | ||
JPY | ||
RUB | ||
GBP | ||
HKD | ||
SGD | ||
TRY | ||
Other |
Please kindly note that the following information must be obtained from the payee in advance when sending a payment to a foreign country. These include:
- Recipient’s full name, address and document number
- Recipient’s bank name and swift code
- Name of the correspond bank of the payee bank, swift code (if any)
- On the remittance information field, specify the purpose of the payment (for example, tuition, gifts, donation, etc.)
Which party is responsible for the correspondent bank’s fee:
- SHA – Remitter is not responsible for the intermediary bank fees and the fees will be deducted from the total amount by the correspondent banks
- OUR – Remitter is responsible for the first intermediary bank fees. Additionalintermediary bank fees will be deducted from the total amount transferred.
- Fullpay /G-OUR/ – This option is only available for USD transfers. Remitter is responsible for all banking charges and the beneficiary will receive the payments in full amount
Dear customers, if you are planning to send international wire transfer to foreign countries, please pay attention to the below information:
- If you are a foreign trader and you have received an e-mail asking you to transfer the payment to another account, therefore informing you that the beneficiary information has changed, you should contact the customer via phone call to confirm the changed information.
- If you have lost your personal photo or video to a stranger online and pressured to make payments to them, we advise you to notify the police immediately.
- Please note that, if you receive a notification about a random lottery win or a large amount of cash on your computer or mobile phone and it asks you to transfer a payment in an advance, this is a common case of cybercrime.
- If you suspect that any of the above incidents have occurred or may occur to you, please contact the Police at 11-311606 or 102 for more information and advice. You may also send an electronic complaint to the Police at www.service.police.gov.mn, where you can submit your application.