Hedge deposit
Designed to eliminate risks that come with owning a high-volume deposit or savings account in a foreign currency. Our bank offers you to open a deposit account that allows you to sell your US dollars to Mongolian Tugriks, where we buy it at a fixed rate based on the current price or at the rate when opening the savings account in our bank. In other words, convert your USD without worrying about exchange rate risk and get a high return on your deposit.
  • Earn bigger high-yields in the short-term
  • Protection against currency risk exposure (exchange-rate risk)
Terms and conditions

Terms and conditions for ‘Hedged deposit’ account

Account currency

Tenor 6 months

12 months

Annual Interest rate 6.00%


Interest rate upon early termination of contract /annual/

2.00% /annual/

Minimum deposit

USD equivalent to 200,000,000 MNT
Interest payments

At the end of the contract

Account opening fee


Saving’s book


Eligibility or required documents
  • Customer application form /download here/;
  • Documents required:
    • For Mongolian citizens: Citizen’s ID card;
    • For Foreign citizens: Passport and Certificate of Alien Registration.