- Available in three major currencies, including MNT, USD, CNY;
- Instantly carry out various types of cash and non-cash transactions;
Author: Batorgil E
Currency |
MNT | USD |
CNY |
Interest rate /annual/ | 3.0% | 1.2% |
1.2% |
Interest payment frequency |
Monthly | ||
Minimum balance | 300,000 MNT | 100 USD |
500 CNY |
- Customer application form (download here);
- Foreign passport;
- Additional documents;
Benefits
- Deposit transactions are allowed anytime;
- The longer the savings period, the higher the interest rate on the balance;
- Earn your interest on every 6 months;
Terms and conditions
Terms |
24 months |
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Annual interest |
Interval
|
up to 1-6 months | up to 7-12 months | up to 13-24 months |
Termination Interest
|
MNT |
10.0% | 12.0% | 13.0% |
2.4% |
|
USD |
3.5% | 4.0% | 5.0% | 0.8% | |
CNY | 2.0% | 2.5% | 3.0% |
0.8% |
|
Minimum balance |
100,000,000 MNT and equivalent currency
|
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Conditions for Reducing Interests
|
Total days of deposit
|
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Interest payment conditions |
Every 6 months |
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Interest payment conditions |
End of the period | ||||
Interest payment conditions |
Possible |
-
Customer application form; /download here/
- Foreign passport;
- Certificate of alien registration
– Term Savings
-
With the approval of the CEO, the interest rate and other terms of the mutual savings in which a financially stable relationship is formed may be flexibly;
-
3-24 month deposits with the approval of the Chief Treasury Officer, you can make 1 expense in any period of time;
- With the approval of the Branch Director and the officer authorized to replace him, you can make an expense up to three times a month.
- Depending on the risk of the US dollar exchange rate, the annual interest rate + 3% will be added to protect against the exchange rate risk.
– Term Savings
-
With the approval of the CEO, the interest rate and other terms of the mutual savings in which a financially stable relationship is formed may be flexibly;
-
3-24 month deposits with the approval of the Chief Treasury Officer, you can make 1 expense in any period of time;
- With the approval of the Branch Director and the officer authorized to replace him, you can make an expense up to three times a month.
- Depending on the risk of the US dollar exchange rate, the annual interest rate + 3% will be added to protect against the exchange rate risk.
Smart savings service
Conditions |
||||
Sevice 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.
|
Total daily current account balance up to 5,000 and accumulate in 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 |
Come to the branch of the TransBank with your documents and register with a request for additional services. |
Smart savings service
Conditions |
||||
Sevice 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.
|
Total daily current account balance up to 5,000 and accumulate in 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 |
Come to the branch of the TransBank with your documents and register with a request for additional services. |