Exchange rate risk sharing deposit
Deposits hedged against rate risk
Benefits
  • Have the right to make quarterly expenses from the savings account;
  • Interest on deposits is available quarterly;
  • The customer is protected from possible exchange rate risks;
Terms and conditions

Account type

Conditions

Account currency
MNT

Term of deposit

12 months
Interest rate /annually/

14%

Minimum balance
500,000,000 MNT
Interest payment on early termination
2.4%-4.8%
Interest payment conditions
Every 3 months
Credit transactions

Every 3 months

Debit transactions

Possible

 

Eligibility or required documents
  • Customer application form; /download here/
  • Official letter; /Request to open an account/
  • A copy the registration certificate issued by the State Registration authorities;
  • Company charter;
  • Authorized signature, stamp /must be authorized by notary/; /download here/
  • Authorized person’s documents such as identification card;