- Competitive interest rates;
- No restrictions for deposit transactions;
- Use as collateral for deposit-backed loans with a low interest rate;
- Earn your interest income quarterly for term deposits with 12 to 24 month maturities;
- Access and manage your account by using our online banking service
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Regular term deposit
Regular term deposit
TransBank offers a risk-free guaranteed term deposit service designed to maximize your organization’s savings with the highest interest rates. Open deposits in MNT or four other foreign currencies and enjoy market-leading returns. For deposits with terms longer than one year, take advantage of quarterly interest payouts for added flexibility and growth.
Benefits
Terms and condition
Terms | MNT | USD | EUR | CNY | JPY |
Duration | Annual interest rate | ||||
1 month | 10.50% | 2.20% | 1.20% | 1.20% | 1.20% |
2 months | 10.50% | 2.50% | 1.20% | 1.20% | 1.20% |
3 – 6 months | 11.00% | 4.00% | 3.60% | 4.00% | 3.30% |
7 – 9 months | 11.50% | 4.00% | 3.60% | 4.00% | 3.30% |
10 – 11 months | 12.00% | 4.00% | 3.60% | 4.00% | 3.30% |
12 months | 14.00% | 4.00% | 3.60% | 4.00% | 3.30% |
13 – 18 months | 14.00% | 5.00% | 3.60% | 4.00% | 3.30% |
19 – 24 months | 14.00% | 5.50% | – | – | – |
Upon early termination | 2.4%-4.8% | 1.2% | 0.6% | 0.6% | 0.6% |
Minimum balance requirement | 10,000 MNT | 10 USD | 10 EUR | 100 CNY | 1,000 JPY |
Interest payment conditions |
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Withdrawal conditions |
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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;