Month: May 2022

Categories
MoneyGram

Attention:

Required information when coming in to the branch to make a transaction:

  1. ID card
  2. Recipient’s full name
  3. Money to transfer and service fee

After the transaction is successful, notify the following to the recipient:

  • An 8-digit service number will be provided by the Bank. You must disclose the number only to the recipient.
Categories
Sending foreign payments

Features

You can make payments in the 9 most common currencies The most favorable interest rate conditions Additional services for international wire transfer (MT101, MT940)
You can make international wire transfer from anywhere using our Internet banking services Using SWIFT GPI, we can provide our customers with detailed information on the entire transaction process
Categories
Sending foreign payments

Charges

CURRENCY

 AMOUNT OUR BANK FEE

CORRESPONDENT BANK FEE

U.S. Dollar

<5,000

 15,000 MNT 20 USD

5,000.01-100,000

 25,000 MNT
>100,000.01

35,000 MNT
Guaranteed remit in full service

35 – 60 USD

U.S. Dollar (to South Korea)

<5,000

 15,000 MNT 25 USD

5,000.01-100,000

25,000 MNT
>100,000.01

35,000 MNT

Euro (to Germany)

<2,500

 15,000 MNT 5 EUR
2,500.01-12,500 25,000 MNT

10 EUR

>12,500

 35,000 MNT

20 EUR

Euro (to other countries)

–

 30,000 MNT

20 EUR

Chinese Yuan

<100,000

 10,000 MNT 50 CNY
>100,000

20,000 MNT

Japanese Yen

–

 12,000 MNT+0.3% (when paying in cash)

0.05% (min. 2,500 JPY)

Russian Ruble

–

 15,000 MNT+1.5% (when paying in cash)

–

British Pound

–

 15,000 MNT+ 0.3% (when paying in cash)

15 GBP

Hong Kong Dollar

–

 25,000 MNT+ 0.3% (when paying in cash)

200 HKD

Singapore Dollar

–

 20,000 MNT + 0.3% (when paying in cash)

25 USD

Turkish Lira

–

 15,000 MNT

100 TRY

Others

–

 32,000 MNT

35 EUR

 

Categories
Sending foreign payments

Charges for recalling and amending international transfers and inquiries at the request of customer

SERVICES

 CURRENCY

FEE
Amendment, Recall and Return

USD

 30 USD

EUR

 50 EUR
CNY

50 CNY

JPY

 7,500 JPY
RUB

300 RUB

GBP

 50 USD

HKD

20 USD
SGD

20 USD
TRY

250 TRY
Inquiry

USD

 30 USD

EUR

CNY

JPY

RUB

GBP

HKD

SGD

TRY
Categories
Sending foreign payments

Things to keep in mind when sending international payments

Please kindly note that the following information must be obtained from the payee in advance when sending a payment to a foreign country. These include:

  1. Recipient’s full name, address and ID document number
  2. Recipient’s bank name and SWIFT code
  3. Name of the correspond bank of the payee bank, SWIFT code (if any)
  4. in the remittance information field, please specify the purpose of the payment (for example, tuition, gifts, donation, etc.)
Categories
Sending foreign payments

Terms of the intermediary bank fee

Which party is responsible for the correspondent bank’s fee:

  1. SHA – Remitter is not responsible for the intermediary bank fees and the fees will be deducted from the total amount by the correspondent banks
  2. OUR – Remitter is responsible for the first intermediary bank fees. Other intermediary bank fees will be deducted from the total amount transferred.
  3. Fullpay /G-OUR/ – This option is only available for USD transfers. Remitter is responsible for all banking charges and the beneficiary will receive the payment in the full amount.
Categories
Sending foreign payments

Mandatory reminders when sending international payments

If you are planning to send international payments to foreign countries, please pay attention to the information below:

  1. If you are a foreign trader and you have received an e-mail asking you to transfer the payment to another account, therefore informing you that the beneficiary information has changed, you should contact the customer via phone call to confirm the changed information.
  2. If you have lost your personal photo or video to a stranger online and are being pressured to make payments to them, we advise you to notify the police immediately.
  3. Please note that, if you receive a notification about a random lottery win or a large amount of cash on your computer or mobile phone and it asks you to transfer a payment as an advance. This is a common case of cybercrime.
  4. If you suspect that any of the above incidents have occurred or may occur to you, please contact the Police at 11-311606 or 102 for more information and advice. You may also send an electronic complaint to the Police at www.service.police.gov.mn, where you can submit your application.
Categories
Receiving remittances from abroad

Requisites for receiving remittances from abroad

Click on the currency from the list below, fill in your current account information with the Transport and Development Bank, and please send the information to the remitter. You will be able to receive the payment from abroad.

USD For receiving payment in U.S. Dollars, please click here.
EUR For receiving payment in Euros, please click here.
CNY For receiving payment in Chinese Yuan, please click here.
GBP For receiving payment in British Pounds, please click here.
RUB For receiving payment in Russian Rubles, please click here.
JPY For receiving payment in Japanese Yen, please click here.
SGD For receiving payment in Singapore Dollars, please click here.
HKD For receiving payment in Hong Kong Dollars, please click here.
TRY For receiving payment in Turkish Liras, please click here.
Categories
Correspondent Banks

List of Correspondent Banks

                

BANK

 CURRENCY ACCOUNT NUMBER SWIFT CODE

LOCATION
OVERSEA-CHINESE BANKING CORPORATION /OCBC/ USD 503-558751-301 OCBCSGSG SINGAPORE
SGD 717-370571-001
HKD 503-295065-201
SUMITOMO MITSUI BANKING CORPORATION JPY 5402 SMBCJPJT TOKYO, JAPAN
KEB HANA BANK USD 0963THR003000018 KOEXKRSE SEOUL, KOREA
COMMERZBANK AG EUR 400878504000EUR COBADEFF FRANKFURT, GERMANY
GBP 400878504000GBP
BAYERISCHE LANDESBANK EUR 6370716 BYLADEMM MUNICH, GERMANY
PT BANK NEGARA INDONESIA USD 766022285 BNINIDJA JAKARTA, INDONESIA
CHINA CONSTRUCTION BANK CNY 15001658408052502829 PCBCCNBJNME ERLIAN, CHINA
AGRICULTURAL BANK OF CHINA CNY 05999901040000327 ABOCCNBJ050 HOHHOT, CHINA
BANK OF INNER MONGOLIA USD 115914236010000466 HSSYCNBH010 ERLIAN, CHINA
CNY 115901236010000573
ZHEJIANG CHOUZHOU COMMERCIAL BANK USD 15601142320800002742 CZCBCN2X HANGZHOU, CHINA
EUR 15601382320800001875
CNY 15601012320890002740
AKBANK TRY TR300004600999888000000090 AKBKTRIS ISTANBUL, TURKEY
INTERNATIONAL BANK FOR ECONOMIC COOPERATION EUR 30111978300000001734 IBECRUMM MOSCOW, RUSSIA
USD 30111840700000001734
RUB 30111810400000001734
CNY 30111156100051001734
Categories
Energy-Efficient Loan

Eligibility or required documents

  • Loan application /from bank/
  • Identity card
  • Receipt of advance payment
  • A down payment must have been deposited TransBank;
  • Proof of the source of financing for the down payment of the apartment to be purchased;