Author: Batbayar

Account currency	MNT		USD
Term of deposit	Nominal interest rate	Effective interest rate	Nominal interest rate	Effective interest rate
3 – 6 months	11.3%	11.9%	3.8%	3.87%
7 – 12 months	12.5%	13.24%	3.8%	3.87%
Interest payment on early termination	2.4%-4.8%		1.2%
Minimum balance	1,000,000 MNT		1,000 USD
Interest payment conditions	Every month

Dear Customer, by depositing the interest you received into your savings account on the same day, you will have the opportunity to earn a return based on the “Effective Interest Rate”. If the interest is not re-deposited into your savings account, your returns will be calculated based on the Nominal Interest Rate.

Monthly interest deposit

Other fees

Other fees for current and savings accounts

Terms and conditions of demand accounts
Currency		MNT	USD	EUR	CNY	JPY
Nominal interest rate	Up to 99,999,999 MNT/Deposit balance/	8.0%	1.5%	1.2%	1.2%	1.2%
	From 100,000,000 to 499,999,999 MNT/Deposit balance/	9.0%
	More than 500,000,000 MNT/Deposit balance/	10.0%
Effective interest rate	Up to 99,999,999 MNT/Deposit balance/	8.3%	1.51%	1.21%	1.21%	1.21%
	From 100,000,000 to 499,999,999 MNT/Deposit balance/	9.381%
	More than 500,000,000 MNT/Deposit balance/	10.471%
Interest payment		Monthly
Minimum balance of savings account		5,000 MNT	5 USD	5 EUR	50 CNY	500 JPY
Notes: It is a product that allows you to earn interest on your money by debit and credit at any time by opening a demand account.

Types of services	Short-term		Long-term
Term of deposit	6 months		12 months
Currency	MNT	USD	MNT	USD
Nominal interest rate	13.00%	3.0%	14.0%	4.0%
Effective interest rate	13.65%	3.04%	14.75%	4.06%
Interest payment on early termination	2.4%-4.8%	1.20%	2.4%-4.8%	1.20%
Minimum balance	200,000,000 MNT and equivalent USD		500,000,000 MNT and equivalent USD
Interest payment conditions	Quarterly
Credit conditions	Quarterly
Debit conditions	Possible. With the approval of the Chief Financial Officer
Conversion	At any time during the contract period, the full amount of the savings will be made.

Terms and conditions of demand accounts

Currency

MNT

USD

EUR

CNY

JPY

Nominal interest rate

Up to 99,999,999 MNT/Deposit balance/

8.0%

1.5%

1.2%

1.2%

1.2%

From 100,000,000 to 499,999,999 MNT/Deposit balance/

9.0%

More than 500,000,000 MNT/Deposit balance/

10.0%

Effective interest rate

Up to 99,999,999 MNT/Deposit balance/

8.3%

1.51%

1.21%

1.21%

1.21%

From 100,000,000 to 499,999,999 MNT/Deposit balance/

9.381%

More than 500,000,000 MNT/Deposit balance/

10.471%

Interest payment

Minimum balance of savings account

5,000 MNT

5 USD

5 EUR

50 CNY

500 JPY

Notes: It is a product that allows you to earn interest on your money by debit and credit at any time by opening a demand account.

Types of services

Short-term

Long-term

Term of deposit

6 months

12 months

Currency

MNT

USD

MNT

USD

Nominal interest rate

13.00%

3.0%

14.0%

4.0%

Effective interest rate

13.65%

3.04%

14.75%

4.06%

Interest payment on early termination

2.4%-4.8%

1.20%

2.4%-4.8%

1.20%

Minimum balance

200,000,000 MNT and equivalent USD

500,000,000 MNT and equivalent USD

Interest payment conditions

Quarterly

Credit conditions

Quarterly

Debit conditions

Possible. With the approval of the Chief Financial Officer

Conversion

At any time during the contract period, the full amount of the savings will be made.

Account currency

MNT

USD

Term of deposit

Nominal interest rate

Effective interest rate