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The highest interest rate;
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You can make deposits and withdrawals;
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Receive interest on a monthly basis;
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You can manage your account by the Transbank application;
- Home
- Organization
- Savings
Flexible term deposit
Flexible term deposit
We offer flexible term deposits that allow organizations to make deposits and withdrawals at any time.
Benefits
Terms and conditions
| Flexible term deposit | Conditions | ||||
| Currency | MNT | USD | JPY | CNY | |
| Terms | 3 months | ||||
| Nominal interest rate | 0 – 99,999,999 MNT and equivalent currency | 6.00% | 2.00% | 1.50% | 1.50% |
| 100,000,000 – 499,999,999 MNT and equivalent currency | 7.00% | 2.25% | 1.75% | 1.75% | |
| More than 500,000,000 MNT or equivalent currency | 8.00% | 2.50% | 2.00% | 2.00% | |
| Effective interest rate | 0 – 99,999,999 MNT and equivalent currency | 6.17% | 2.02% | 1.51% | 1.51% |
| 100,000,000 – 499,999,999 MNT and equivalent currency | 7.23% | 2.27% | 1.76% | 1.76% | |
| More than 500,000,000 MNT or equivalent currency | 8.30% | 2.53% | 2.02% | 2.02% | |
| Minimum balance | 10,000 MNT | 10 USD | 1,000 JPY | 100 CNY | |
| Interest payment | Monthly | ||||
| Withdrawal | Allowed | ||||
| Deposit | Allowed | ||||
Dear Customer, by depositing the interest you received into your savings account on the same day, you will have the opportunity to earn a return based on the “Effective Interest Rate”. If the interest is not re-deposited into your savings account, your returns will be calculated based on the Nominal Interest Rate.
Eligibility or required documents
- Customer application form; /download here/
- Official letter; /Request to open an account/
- A copy of 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;
