Categories
Smart savings

Smart savings service

Conditions

Service types

Accumulation of Responses

Accumulation of each income

Daily accumulation

Total:

–  up to 1,000 MNT

–  up to 2,000 MNT

– up to 3,000 MNT

-up to 4,000 MNT

– up to 5,000 MNT

Accumulation percentage:

– 1.0%          – 6.0%

– 2.0%          – 7.0%

– 3.0%          – 8.0%

– 4.0%          – 9.0%

– 5.0%         – 10.0%

Total:

–  up to 1,000 MNT

–  up to 2,000 MNT

–  up to 3,000 MNT

–  up to 4,000 MNT

– up to 5,000 MNT

Explanation

For each non-cash (card) purchase and payment transaction, round up the transaction amount up to 5,000 and accumulate the difference in the savings account

Accumulation in a savings account at a fixed percentage of the flow rate for each income stream other than loans.

At the end of each day (00:00), the current account balance is rounded down to the nearest 5,000 MNT, and the difference is transferred to the savings account

Account

It is possible to use the Transbank account and open a new account if the customer does not have a current or savings account.

Service fee

0 MNT

Registration

Customers can register by visiting any TransBank branch with valid identification.