- High interest return in a shorter period of time;
- Currency exchange rate risk can be hedged as the deposit is converted;
- Take low-interest deposit collateralized loan;
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Author: Batbayar
Categories
Terms and conditions
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Types of services
|
Conditions |
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Account currency
|
MNT | |
| Term of deposit | 6 months |
12 months |
|
Annual Interest
|
6.00% | 7.00% |
| Interest payment on early termination |
2.0% /annual interest/
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|
|
Minimum balance |
USD equivalent to 200,000,000 MNT
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|
| Interest payment conditions |
At the end of the period
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|
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Open an account
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No fee
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|
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Savings book
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Free |
|
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Other fees
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Eligibility or required documents
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Customer application form; /download here/
- For Mongolian citizens: Citizens ID card;
- For Foreign citizens: Passport and certificate of alien registration;
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Benefits
- Benefit from a higher than market average interest rate;
- Use your Certificate of Deposit as securities product in the capital market;
- Certificate of Deposit can be transferred, gifted or inherited;
- Take low-interest Certificate of Deposit collateralized loan;
Categories
Terms and conditions
Type of service |
Conditions |
|
|
Account currency
|
MNT | USD |
|
Term of deposit |
Annual Interest
|
|
| 1 month | 10.5% |
2.2% |
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3, 6 and 9 months
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12.5% | 4.0% |
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12 months
|
13.2% |
4.0% |
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Deposit amount
|
100,000,000 MNT
500,000,000 MNT
|
100,000 USD
500,000 USD
|
|
Interest payment on early termination |
2.4%-4.8% |
1.2% |
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Interest payment conditions |
At the end of the period |
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Repo Financing Rate
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Savings Certificate Interest + 4.00%
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Repo financing will not be provided
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| Other |
Debit does not
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Open an account
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No fee
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Categories
Other fees
-
Customer application form; /download here/
- For Mongolian citizens: Citizens ID card;
- For Foreign citizens: Passport and certificate of alien registration;
Categories
Benefits
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Your physical gold is protected from potential risks such as theft, fraud, or exchange rate fluctuations;
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Interest is capitalized in international benchmark XAU units on your gold deposits;
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No fees are charged on withdrawal and transaction;
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Terms and conditions
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Gold-Term Savings Account Terms and Conditions
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||||
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Account opening currency
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XAU- Gold
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|||
| Deposit term | 1 – 3 months | 6 months | 9 months |
12 months |
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Annual Interest
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2.25% | 2.5% | 2.75% |
3.0% |
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Interest payment on early termination |
1.0% | |||
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Minimum balance |
– |
|||
| Interest payment conditions |
Quarterly |
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Open an account
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Free | |||