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Gold-Term Savings Account Terms and Conditions |
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| Account opening currency |
XAU- Gold |
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|
Deposit term |
1 – 3 months | 6 months | 9 months | 12 months |
| Annual Interest | 2.25% | 2.5% | 2.75% |
3.0% |
|
Interest payment on early termination |
1.0% | |||
| Fees for withdrawing cash from savings |
1.5% |
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|
Minimum balance |
– | |||
| Interest payment conditions |
Quarterly |
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| Terms | MNT | USD | EUR | CNY | JPY | RUB | KRW | GBP | SGD | HKD |
| Annual interest rate | 3.0%* | 1.2%* | 1.2%* | 1.2%* | 1.2%* | – | – | – | – | – |
| Account opening fee | No fee | |||||||||
| Monthly service fee | No fee | |||||||||
| Minimum balance requirement | 5,000 MNT | 5 USD | 5 EUR | 35 CNY | 500 JPY | 100 RUB | 5,000 KRW | 5 GBP | 5 SGD | 3 HKD |
| Account closure fee | 5,000 MNT | Foreign currency equivalent to 5,000 MNT | ||||||||
| Description:
– An account for the organization’s payments. |
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| – * is the maximum rate of the interest rate on the product | ||||||||||