Categories
Letter of Credit

Import L/C fees and commission

IMPORT L/C

Fees and commission

LC risk premium (non-cash covered)

2% – 4% (annual)

Issuance of L/C

USD 100.00

Amendment to increase LC amount or extend LC

USD 30.00

Amendments to other LC conditions

USD 30.00

Checking of documents under an unconfirmed LC (each set)

USD 50.00

Receipt of LC cancellation request (upon consent of the other parties)

USD 30.00

Payment under LC

USD 25.00

LC confirmation by foreign bank

According to the foreign bank

Inquiries by request of customer

USD 10.00

Discrepancy charge to each set of documents

USD 50.00

Categories
Letter of Credit

Letter of Credit – Process flow

Categories
Brief introduction of the bank

Mission

We will deliver comprehensive advanced financial solutions supporting sustainable development to each client based on our skilled team, responsible financing, customer-centric service, social responsibility and good governance.

Categories
Brief introduction of the bank

Vision

Our bank will become a private bank of international standards.

Categories
Brief introduction of the bank

Slogan

Your financial partner to accelerate development

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Valuables

INNOVATIVE

  1. Aspiring to change and development, innovative, and creative in thinking;
  2. A continuous learner dedicated to self-awareness and growth;
  3. Disciplined, goal-oriented, and a strong leader who never strays from their objectives.
Categories
Current account of gold

Benefits

  • Placing your physical gold termless
  • Secure and safe custodian service;
  • No fees are charged on withdrawal and transaction;
Categories
Current account of gold

Terms and conditions

Terms and conditions
Account currency XAU – Gold
Annual interest rate 0.0%
Minimum balance requirement
Categories
Current account of gold

Other fees

 

Categories
Current account of gold

Eligibility or required documents

  • Customer application form /download here/
  • For Mongolian citizens: Citizens ID card;
  • License issued by the Financial Regulatory Commission