- Competitive interest rates;
- No restrictions for deposit transactions;
- Use as collateral for deposit collateralized loans with a low interest rate;
- Access and manage your account by using our online banking service
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Month: April 2022
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Terms and conditions
|
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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| Savings book |
Free |
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Other fees
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Customer application form; /download here/
- For Mongolian citizens: Citizens ID card;
- For Foreign citizens: Passport and certificate of alien registration
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Wide range of resources
In the field of trade finance, it cooperates with world-renowned financial institutions, export promotion agencies and Development Banks such as Commerzbank AG, Sumitomo Mitsui Banking Corporation, ADB, IBEC and IIB, with the aim of providing customers with working capital with cheap resources.
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Fast, low-cost transfers
In the field of foreign payments, 32 nostro accounts of 10 currencies of 12 leading international banks such as Alfa Bank of Russia, CCB Bank of China, KEV Hana Bank of Korea, Commerzbank AG of Germany, SMBC Bank of Japan and OSFC Bank of Singapore performs external transfers quickly
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Qualified team
In the field of project financing and co-lending, we offer financial solutions to attract and re-lend the necessary resources for customer investment from the international market
We cooperate with internationally renowned banks and financial institutions in the field of trade finance, project financing and foreign payments, and offer our customers a comprehensive range of banking products and services.
