Other fees and charges
Other current and deposit account fees
Other fees

Services

MNT USD EUR CNY JPY RUB KRW

GBP

Cash deposit

Smaller banknotes*

2.0% 2.0% 2.0% 0.3% 8.0% 1.5%

Other

0.3% 1.5%

 

Cash withdrawal

Current account and deposit accounts

200

200 MNT + Additional charges mentioned below depending on currency.

 

0.5%

0.5% 0.5% 0.5% 3.0% 1.5%

0.5%

 

Non-cash transactions

Intra-Bank (within same bank accounts) transactions:

100 

Foreign currency equivalent to 200 MNT

Inter-Bank transactions:

Up to 5,000,000 MNT

200

1,500 MNT

Over 5,000,001 MNT

500

Tranfer cash to other bank accounts

1,000

 

Account opening fee

Free

 

Account service fee

For active accounts /monthly/

No fee

Temporary inactive or suspended account fee /monthly/

2,000

Foreign currency equivalent to 2000 MNT

Demand deposit fee /annually/

1,000

Foreign currency equivalent to 1000 MNT

Dormant account fee /monthly/

2,000

Foreign currency equivalent to 2000 MNT

 

Account closure fee

1,000

Foreign currency equivalent to 1000 MNT

Notice

*- Smaller banknotes: USD 1, 2, 5, 10, 20, 50 banknotes; CNY 1, 5, 10, 20 banknotes; RUB 10, 50, 100 banknotes.

Inter-bank transactions
  1. Inter-bank transactions are made in MNT, USD, EUR, CNY, JPY, RUB, GBP, HKD and SGD currencies.
Fees for FX cash transaction
  • Fees charged for cash deposits into an account to make any non-cash transactions including foreign exchange, deposit, loan repayment, transfer etc.; 
  • Fees charged for cash withdrawals from an account unless cash deposits made into an account previously; 
  • Smaller banknote fees may apply for using the specific banknotes mentioned above;