- Protection from all types of theft, fraud and gold price change risks;
- Interest rate will be based on international gold prices and expressed in Troy ounces (OZ)
- No fees are charged on withdrawals and other transactions from the account.
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- Deposit account services
Gold deposit
Gold deposit
Primarily designed for those who are engaged in gold production and mining business. The product’s main objective is to offer a savings account service dedicated to our customer’s physical gold. It will ensure maximum protection in a safest environment. While covering the risk of holding our customer’s physical gold for a certain period, we offer an interest rate for the savings account we are offering.
Benefits
Terms and conditions
|
Gold deposit terms |
|
|
Account currency |
XAU- GOLD /OZ/ |
|
Tenor |
1 – 3 months |
|
Annual Interest rate |
3.00% |
|
Interest rate upon early termination of contract /annual/ |
1.50% |
|
Minimum deposit |
– |
|
Interest payments |
At the end of the contract or maturity |
|
Open account fee |
Free |
|
Savings book |
Free |
Fees and charges
Eligibility or required documents
- Customer application form /download here/;
- An original copy and a copy of license from the Financial Regulatory Commission of Mongolia;
- Documents required:
- For Mongolian citizens: Citizen ID card.
Download Customer Application Form
