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Terms |
24 months |
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| Nominal interest rate | 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% | |
| Effective interest rate | MNT | 10.25% | 12.36% | 13.42% | 2.4% |
| USD | 3.53% | 4.04% | 5.06% | 0.8% | |
| CNY | 2.01% | 2.52% | 3.02% | 0.8% | |
| Minimum balance | 100,000,000 MNT and equivalent currency | ||||
| Conditions for Reducing Interests | Total days of deposit | ||||
| Interest payment conditions | Every 6 months | ||||
| Interest payment conditions | End of the period | ||||
| Interest payment conditions | Possible | ||||
Author: Batorgil E
- Customer application form (download here);
- Foreign passport;
- Additional documents;
Categories
Terms and conditions
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Card |
Co-Branded metal debit card (VISA) |
|
| Gold |
Platinum |
|
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Card period |
5 years | |
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Admission fee
|
0 MNT |
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Annual fee
|
900,000 MNT | 1,800,000 MNT |
| Minimum balance |
300,000 MNT, 100 USD, 500 CNY |
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Currency |
MNT, USD, CNY | |
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Reorder Fee
|
1,500,000 MNT |
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- Customer application form (download here);
- Foreign passport;
- Additional documents;
Categories
Benefits
- Available in three major currencies, including MNT, USD, CNY;
- Instantly carry out various types of cash and non-cash transactions;
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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;
– Term Deposit
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For clients with a stable financial relationship or of strategic importance, the interest rate and other terms of the deposit may be adjusted with the approval of the CEO
– Term Deposit
- For clients with a stable financial relationship or of strategic importance, the interest rate and other terms of the deposit may be adjusted with the approval of the CEO
Categories
Smart savings service
Conditions |
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Service types |
Accumulation of Responses |
Accumulation of each income |
Daily accumulation |
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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 |
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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. |
At the end of each day (00:00), the current account balance is rounded down to the nearest 5,000 MNT, and the difference is transferred to the savings account. |
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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. |
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Service fee |
0 MNT |
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Registration |
Customers can register by visiting any TransBank branch with valid identification |
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