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What is sustainable development?

What is sustainable development?

Sustainable development can be defined as development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs.

Sustainable Development Goals – 2030 (SDGs)

The 2030 Agenda for Sustainable Development Goals is a long-term globally shared blueprint for peace and prosperity based on three pillars of society, economy and the environment.

TransBank aims to promote the country’s development based on the Sustainable Development Goals by conducting environmentally and socially friendly activities.

 

TransBank’s Environmental and Social Policy

General provisions

The main purpose of the TransBank’s (hereinafter referred to as the “Bank”) Environmental and Social Policy (hereinafter referred to as the “E&S policy”) is to provide environmental and social protection to the Bank’s activities under the Mongolian Sustainable Finance Association (hereinafter referred to as the “MSFA”). The principles are in compliance to determine the environmental and social risk standards and control system of the bank.

Read the Transport and Development Bank’s Environment and Social Policy.

Categories
Project financing, syndicated lending

Advantages

  • Flexible terms and conditions tailored to the characteristics of the client’s project
  • Long-term financing
  • Offers financing instrument based on client’s business focus and needs
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Prepaid interest deposit

Fees and charges

Other fees and charges

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Gold deposit (XAU)

Fees and charges

Other fees and charges

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Home

Байгууллагын гадаад төлбөр, тооцоо

Дэлгэрэнгүйг энд дарж харна уу

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Home

Иргэдийн гадаад төлбөр, тооцоо

Дэлгэрэнгүйг энд дарж харна уу.

 

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Syndicated loans

Syndicated Loan

A syndicated loan is a loan scheme in which one or more banks and financial institutions jointly provide long-term investments to meet the financial needs of a single customer, and co-provide your financial needs. 

We can provide syndicated loans in cooperation with Mongolian and international banking and financial institutions.

Please contact us at tfd@transbank.mn

Categories
Factoring Service

Factoring Service

Factoring services can be used by both importers and exporters.

We offer you short-term international financing instruments that can increase your sales turnover.

Please contact us at tfd@transbank.mn

Categories
Trade loans

ECA Covered Financing

We offer you long-term loan financing with favorable conditions for the purchase of imported goods and services with a high value for the investment, production and infrastructure development sectors. 

Please contact us at tfd@transbank.mn

Categories
Trade loans

Post Shipment Financing

In order to support our client’s import turnover and enhance their working capital, we are offering short and medium-tenured financing solutions, tailored to the lifecycle of the underlying goods, with competitive rates to finance the import value after the shipment of the goods.

Categories
Trade loans

Pre-Shipment Financing

To support our client’s cross-border trade business and enhance their working capital, we are offering short and medium-tenured financing solutions with competitive rates to both exporters and importers to finance the trade value before the shipment of the underlying goods.

Categories
Collection Service

Key advantages

  • The Importer can defer the payment of the shipped goods using the D/A collection option upon mutual agreement with the counterparty 
  • The Exporter can receive the payment as quickly after shipping the goods and dispatching the documents to the importer
  • The documents provided under the collection service enable greater security of payment to the exporter compared to the open account service. 
  • Less legal risk by adhering to the International Chamber of Commerce Rules.
Categories
Collection Service

Collection service – Process flow

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Categories
Collection Service

Fees and Commission

COLLECTION SERVICE  

Fees and commission

Advising of collection  

USD 10.00

Advising of refusal to make payment or receiving of documents

USD 10.00

Receipt of amendment  to collection instruction

USD 10.00

Release of documents against payment

USD 30.00

Release of documents against acceptance

USD 5.00

Release of documents against other instruction(s)

USD 50.00

Payment against acceptance

USD 25.00

Returning of unpaid documents

USD 10.00

Dispute regarding unpaid draft

USD30.00 + other charge

Release the underlying goods sent to the disposition of bank

USD 20.00

 

Categories
Collection Service

Financial advice

We are keen to work together to provide you with valuable financial advice and bring your business up to international business standards, from the time that you sign a trade agreement until receive your goods as an importer and receive payment for the goods that you sell as an exporter.

Please contact us at tfd@transbank.mn