Month: February 2025

TransBank has launched a special promotional campaign titled “With a Visa Card Comes Priority Pass” for customers who order the “Golden Visa” card and for loyal cardholders.

As part of this campaign, TransBank is offering customers a complimentary Priority Pass membership valid for 5 years, valued at $495.

CAMPAIGN PARTICIPATION CONDITIONS:

1. Customers who order a new Golden Visa card (debit or credit) between February 19, 2025 and March 15, 2025;
2. Customers who make a purchase transaction of 2 million MNT or more using their Visa card between February 19, 2025 and March 10, 2025, will be eligible to receive a Priority Pass membership.

WHAT IS PRIORITY PASS?

Priority Pass provides access to VIP airport lounges in over 1,300 airports across 148 countries worldwide, allowing you to relax comfortably while waiting for your flight.

 

 

HIGHLIGHTED SERVICES:

1. Premium Brand: Recognized as the world’s largest and most reputable airport lounge program by users globally.
2. Extensive Coverage: Members have access to over 1,300 premium airport lounges worldwide, including exclusive services such as dining, spa treatments, and more.
3. Remote Digital Solutions: The Priority Pass app acts as a digital assistant for lounge access, featuring 12 languages, airport maps, and additional useful tools.
4. 24/7 Customer Support: Fully compliant with PCI DSS standards, Priority Pass provides round-the-clock support in 12 languages, ensuring global assistance and customer management services.

For more detailed information on Priority Pass, please click HERE.

TransBank offers a variety of cards with special terms and benefits tailored to meet the needs of its customers.

HOW TO BECOME A CARDHOLDER?

1. Customers can order their card via the TransBank app or through digital.etransbank.mn.
2. Existing customers who need to replace a lost or expired card or wish to order a new one can do so without visiting a branch by calling the Customer Service Center at 1800-9999.
3. New customers without an account at TransBank can visit a nearby branch in person to apply.

 

 

Dear Customer:

• • For more detailed information about the promotion, please contact our Customer Service Center at 1800 – 9999.
  • To learn more about the card, please click HERE.

As a provider of private banking services meeting international standards, TransBank values the shared trust of its customers and continues to strengthen its position as a stable financial partner in the banking sector.

TransBank has established a correspondent relationship with DBS Bank, the leading bank of the Republic of Singapore, and successfully opened a Singapore dollar account. This enables TransBank’s customers to make Singapore dollar foreign transfers quickly and efficiently with favorable fee conditions.

DBS Bank, with a 57-year history, operates in 19 international markets and is recognized as one of the world’s most reputable major banks.

The expansion of cooperation with such a globally renowned bank reflects TransBank’s commitment to meeting international standards.

For more information about TransBank’s foreign payment services, please click HERE.

Commercial banks operating in Mongolia are gradually transitioning to the internationally recognized IBAN (International Bank Account Number) system in accordance with global standards. As part of this upgrade, TransBank will implement the IBAN account numbering system starting from April 1, 2025. This change will enable customers to use IBAN account numbers when conducting interbank transfers, and all interbank transactions will be required to use IBAN numbers. However, the use of IBAN account numbers will not be mandatory for transfers between TransBank accounts.

This update aims to enhance the security, speed, and reliability of transactions.

What is IBAN?

IBAN (International Bank Account Number) is a standardized account numbering system consisting of 20 characters, recognized under the international ISO 13616–1 and ISO 13616–2 standards. It provides a unified coding system for interbank transfers and includes information such as the recipient’s country and bank code.

The implementation of the IBAN system represents not only a technological upgrade but also a significant step towards aligning Mongolia’s banking sector with international standards, making banking services more accessible, reliable, and faster.