| Service |
MNT |
USD |
EUR | CNY | JPY | KRW |
GBP |
||
| Cash deposit | Minor Bills* |
– |
2.0% | 2.0% | 2.0% | 0.3% | 1.5% |
– |
|
| Other bills |
– |
– | – | – | 0.3% | – |
– |
||
| Cash withdrawal | Current and savings accounts | 200 MNT |
200 MNT + additional fee for cash currency (see below) |
||||||
|
0.5% |
0.5% | 0.5% | 0.5% | 1.5% |
0.5% |
||||
| Transfer | Transfer within the bank | 100 MNT |
Currency equivalent to 200 MNT |
||||||
| Transfer to other bank | |||||||||
| Up to 5,000,000₮ | 200 MNT |
1,500 MNT |
|||||||
| Over 5,000,001₮ | 500 MNT | ||||||||
| Cash Deposit for Interbank Transfer | 1,000 MNT | ||||||||
| Opening an Account |
Free |
||||||||
| Account Service Fee | Active account (Monthly) |
Free |
|||||||
| Inactive Account (Monthly) | 2,000 MNT |
Currency equivalent to 2,000 MNT |
|||||||
| Demand Deposit /At Year-End/ | 1,000 MNT |
Currency equivalent to 1,000 MNT |
|||||||
| Close account | 1,000 MNT |
Currency equivalent to 1,000 MNT |
|||||||
Other fees for deposit accounts
Other fees for current and savings accounts
Other fees
Notes
*For USD small denominations include bills of 1, 2, 5, and 10, for EUR bills of 5 and 10, for CNY bills of 1, 5, 10, and 20.
Interbank transfer
Interbank transfers can be made in the following currencies: MNT, USD, EUR, CNY, JPY and GBP.
Cash currencies fee
-
A fee will be charged if small denominations are included when making cash transactions or deposits into a foreign currency account.
-
A fee will be charged if small denominations are included when paying loan interest or principal in cash.
-
A fee will be charged when making cash disbursements from a loan granted to a foreign currency account in non-cash form.
-
A fee will be charged if foreign currency cash is deposited into a current account and then transferred non-cash to another customer, and that customer withdraws the funds in cash.
-
A fee will be charged if non-cash transactions or deals are conducted in a foreign currency account and funds are withdrawn in cash.
-
If the amount of cash withdrawals exceeds the amount of cash deposits, a fee will be charged on the difference.
