|
Sakura Savings Account |
Terms and conditions |
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| Term |
MNT |
USD | EUR | JPY |
| 12 months | *Policy rate+0.5% | 3.5% | 3.0% |
3.0% |
|
24 months |
* Policy rate+1.0% | 4.0% | 3.5% | 3.5% |
| 36 months | * Policy rate+2.0% | 5.0% | 4.0% |
4.0% |
| Penalty interests payable on pre-mature withdrawals |
4.8% |
1.2% | 0.6% |
0.6% |
| Extention of term | Feasible | |||
| Minimum balance | N/A | |||
| Interest payment conditions | At the end of the term of the account | |||
| Making deposits | Feasible | |||
| Withdrawal | At the end of the term of the account to a predetermined account of the same owner | |||
| Acquiring saving collateralized loan and credit card | Unfeasible | |||
| Joint ownership | Unfeasible | |||
| * The interest rate on term deposits in MNT is determined by Mongolbank’s policy rate at the time the account is opened, increased by an additional rate corresponding to its term. | ||||
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