Categories
Safe deposit box service

Eligibility or required documents

  1. A formal request or official letter provided by the company is required to apply for this service.
Categories
UnionPay Credit Card

Benefits

  • All platinum and diamond cardholders are entitled to receive “Concierge services”, which allows the cardholder to receive any travel related services such as ticket ordering, restaurant and hotel reservations, translation services, emergency services, etc.
  • Receive up to 30% discount from the world’s leading merchants;
  • Secured with the latest EMV chip technology
Categories
UnionPay Credit Card

Terms and conditions

Terms and condition

UNIONPAY PLATINUM

CREDIT CARD

UNIONPAY DIAMOND

CREDIT CARD

Currency

MNT

USD MNT

USD

Annual fee

500,000 MNT

1,000,000 MNT

Credit limit (minimum)

10,000,000 MNT

3,000 USD 100,000,001 MNT

35,001 USD

Credit limit (maximum)

100,000,000 MNT

35,000 USD 400,000,000 MNT

150,000 USD

Interest rate /monthly/ (purchase)

1.50%

1.40%

Interest rate /annual/ (purchase)

18.00%

16.80%

Interest rate /monthly/ (cash withdrawal)

2.20%

Interest rate /annual/ (cash withdrawal)

26.40%

Minimum payment

10%

Overdraft limit

10%

Overdraft interest rate

5%

Late payment charge

1%

Annual late payment charge

20%

Monthly statement date

On the 1st of every month

Payment date

On the 20th of every month

On the 25th of every month

Grace period

50 days

55 days

Validity

3 years

Credit period

30 months

Daily cash withdrawal limit

25,000,000 MNT

25,000,000 MNT

Daily POS purchase limit

100,000,000 MNT

100,000,000 MNT

Reorder fee

150,000 MNT

150,000 MNT

Balance inquiry at Transport Development bank’s bank POS

100 MNT

Balance unquiry at other domestic bank’s ATM and bank POS
Balance unquiry at foreign bank’s ATM

0.5 USD

Cash withdrawal at Transport Development bank’s bank POS

200 MNT

Cash withdrawal and other domestic bank’s ATM and bank POS

500 MNT

Cash withdrawal from foreign banks’ АТМ

2% (min 3 USD)

Categories
UnionPay Credit Card

Required documents

Please visit the nearest branch of TransBank to order. 

Individuals: 

  • ID card
  • Customers with salaried income are asked to provide their salary reference from their employer
  • Business owners must provide documents proving business income 
  • Social insurance reference

For foreigners:

  • Passport (original)
  • Photocopy of their Mongolian visa
  • Certificate of Alien Registration
  • Employer guarantee
Categories
Standing order

Benefits

 

  1. Time saving;
  2. The service is free;
  3. Transfer funds to your deposit account regularly;
  4. The timing and amount of the transaction can be adjusted as per the customer’s requirements.

 

Categories
Standing order

Fees and charges

This service does not charge any admission fee or transaction fee.

Categories
Standing order

Requirements

  1. Have an account already opened by your organization
Categories
"T" Credit card (for MNT use only)

Benefits

  • Secured by the latest EMV chip technology
  • Paywave technology that allows contactless transaction
  • Introductory 0% interest for up to 45 days on purchases
  • Flexible repayment schedule
Categories
"T" Credit card (for MNT use only)

Terms and conditions

Conditions 

Classic Credit ₮ Card

Business Credit ₮ Card

Annual fee

20,000 MNT

100,000 MNT

Credit limit (minimum)

100,000 MNT

5000001 MNT

Credit limit (maximum)

5000000 MNT

50000000 MNT

Interest rate /monthly/ (purchase)

1.6%

1.5%

Interest rate /monthly/ (cash withdrawal)

2.2%

2%

Minimum payment

10%

Payment date (monthly)

15th

Over limit interest rate

10%

Over limit charge

5%

Late payment charge

1%

Penalty rate

20%

Validity

Up to 30 months

Monthly statement date

On the 1st of every month

Categories
"T" Credit card (for MNT use only)

Required documents

Please visit the nearest branch of TransBank to order. 

Individuals: 

  • ID card
  • Customers with salaried income are asked to provide their salary reference from their employer
  • Business owners must provide documents proving business income 
  • Social insurance reference

For foreigners:

  • Passport (original)
  • Photocopy of their Mongolian visa
  • Certificate of Alien Registration
  • Employer guarantee
Categories
Visa Debit Card

Benefits

  • Available for use both in Mongolia and overseas
  • The highest limit for daily purchase transactions
  • Manage card accounts through the Online banking service 
Categories
Visa Debit Card

Terms and conditions

VISA DEBIT CARD

Currency

MNT, USD, EUR, CNY

Admission fee

35,000 MNT or currency equivalent to 35,000 MNT

Validity

3 year

Card order fee (urgently)

5,000 MNT

Cash withdrawal at TransBank branch

 200 MNT or currency equivalent to 200 MNT

Cash withdrawal from other banks’ АТМ

500 MNT or currency equivalent to 500 MNT

Cash withdrawal from foreign banks’ АТМ

2% (min 3 USD)

Balance inquiry at TransBank branch

100 MNT or currency equivalent to MNT

Balance inquiry at other domestic banks’ ATM
Balance inquiry at other domestic bank branch
To check account balance from foreign banks /AТМ/

0.5 USD

Change PIN code at TransBank branch

1,000 MNT or currency equivalent to 1,000 MNT

Requesting new PIN code at TransBank branch
Request or change e-PIN code /Branch/

No fee

Reissuance fee

20,000 MNT

Daily cash withdrawal limit

10,000,000 MNT

Daily POS purchase limit

50,000,000 MNT

Minimum required balance

5,000 MNT / 10 USD / 10 EUR / 50 CNY

Categories
Visa Debit Card

Required documents

Please visit the nearest branch of TransBank to order. 

Individual: 

  • ID card 

For foreigners:

  • Passport
  • Alien Registration Card
Categories
UnionPay Debit Card

Benefits

  • Available for use both in Mongolia and overseas
  • The highest limit for daily purchase transactions
  • Manage card accounts through the Online banking service
Categories
UnionPay Debit Card

Terms and conditions

Terms and conditions UnionPay debit card
Currency MNT, USD, EUR, CNY
Admission fee 35,000 MNT
Validity 3 year
Card order fee (urgently) 5,000 MNT
Cash withdrawal at TransBank branch  200 MNT or currency equivalent to 200 MNT
Cash withdrawal from other banks’ АТМ 500 MNT or currency equivalent to 500 MNT
Cash withdrawal from foreign banks’ АТМ 2% (min 3 USD)
Balance inquiry at TransBank branch 100 MNT or currency equivalent to MNT
Balance inquiry at other domestic banks’ ATM
Balance inquiry at other domestic bank branch
To check account balance from foreign banks /AТМ/ 0.5 USD
Change PIN code at TransBank branch 1,000 MNT or currency equivalent to 1,000 MNT
Requesting new PIN code at TransBank branch
Request or change e-PIN code /Branch/ No fee
Reissuance fee 20,000 MNT
Daily cash withdrawal limit 10,000,000 MNT
Daily POS purchase limit 50,000,000 MNT
Minimum required balance 5,000 MNT / 10 USD / 10 EUR / 50 CNY