Deposit account services

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

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.

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

Other account fees

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

Eligibility or required documents