- In May 2020, we served as a co-underwriter for the initial public offering (IPO) of Bodi Insurance JSC.
- In December 2022, we served as a co-underwriter for the over-the-counter issuance of bonds by Tavan Bogd Finance NBFI.
Author: Nasantsatsral B
Trans Bank operates in accordance with the Law on Banks and the Law on Insurance Intermediaries. Pursuant to Resolution No. 346 issued by the Financial Regulatory Commission on December 4, 2019, the bank has been granted a special license to engage in the business of bancassurance, thereby becoming a recognized professional participant in the insurance industry. In compliance with the relevant statutory provisions, regulations, and directives, Trans Bank provides comprehensive insurance services through its branches and affiliated units, delivering high-quality services to its clients.
Advantages of Bancassurance:
By utilizing Trans Bank as your intermediary for insurance services, you will not incur additional commission fees or charges.
Moreover, you will be able to access insurance offering with more favorable premiums and enhanced coverage, compared to the terms typically offered directly by insurance companies to the public.
The list of employees who have participated in the “Bancassurance Broker Certification Training” organized in collaboration with the Financial Regulatory Commission and relevant professional associations, and have successfully passed the certification examination, is available.
|
Branch name |
Position | Name | License date |
Address |
|
Naran Branch |
Branch director | ENKHBAT.G | 2020 | 1ST, 2ND floor, Naran Mall Department Store, Seoul St-35, 3rd khoroo, Sukhbaatar District, Ulaanbaatar, Mongolia |
| Munkh tower branch | Branch director | ARIUNTUGS.E | 2023 | 1st floor, Munkh Tower, Chinggis Avenue Street, 1st Khoroo, Khan-Uul District, Ulaanbaatar, Mongolia |
| Relationship manager | ENKHZUL.G | 2024 | ||
| Central Tower Branch | Branch director | BOLORMAA.Z | 2020 | 4th floor, Central Tower, Sukhbaatar square-2, 8th Khoroo, Sukhbaatar District, Ulaanbaatar, Mongolia |
| Cedar Branch | Branch director | AZJARGAL.S | 2024 | 1st floor, Cedar City Residence Town, 4th Khoroo, Khan-Uul District, Ulaanbaatar, Mongolia |
| Sakura Branch | Senior customer service officer | TSERMAA.B | 2024 | 1st floor, Sakura Building Center, Ikh Mongol St, 26th Khoroo, Bayanzurkh District, Ulaanbaatar, Mongolia |
| Shangri-la Branch | Senior branch manager | AMAR.O | 2024 | 6th floor, Shangri-La Office, 19A Olympic St, 1st Khoroo, Sukhbaatar District, Ulaanbaatar, Mongolia |
| Zuun durvun zam branch | Senior customer service officer | TUVSHINZAYA.P | 2024 | Монгол улс, Улаанбаатар хот, Баянзүрх дүүрэг, 15-р хороо, 13-р хороолол, Наран шоп худалдааны төвийн 2-р байр, 1-р давхар |
| Premium branch | Senior branch manager | BAYARMAA.G | 2023 | 2nd floor, Premium Palace, Ikh Toiruu St, 5th Khoroo, Chingeltei District, Ulaanbaatar, Mongolia |
| River garden branch | Branch director | OYUNCHULUUN.I | 2024 |
1st floor, Building 308, River Garden Town, Ikh Mongol St, 11th Khoroo, Khan-Uul District, Ulaanbaatar, Mongolia |
For further information related to insurance brokerage, you may visit your nearest Trans Bank branch or contact our Customer Service Center at 1800-9999.
INSURANCE COMPANIES WE PARTNER WITH
| AMAR INSURANCE LLC | ![]() |
| BODI INSURANCE JSC | ![]() |
| MONGOL INSURANCE JSC | ![]() |
| MANDAL INSURANCE JSC | ![]() |
| TENGER INSURANCE JSC | ![]() |
| KHAN INSURANCE LLC | ![]() |
| MIG INSURANCE LLC | ![]() |
| INSURCO INSURANCE LLC | ![]() |
In the event that an insurance claim arises, the following procedures should be undertaken:
- Primarily, take measures to mitigate further damage and reduce any additional risks.
- Contact the insurance company’s emergency hotline to receive immediate instructions and guidance.
- Secure photographic or video evidence of the incident.
- Gather and submit all required documentation as per the terms of the insurance contract for the reimbursement or compensation process.
| Insurance company name | Emergency Number |
| AMAR INSURANCE LLC | 1800-2111 |
| BODI INSURANCE JSC | 7505-4800 |
| MONGOL INSURANCE JSC | 1800-1990 |
| MANDAL INSURANCE JSC | 7575-2000 |
| TENGER INSURANCE JSC | 1800-1889 |
| KHAN INSURANCE LLC | 7000-0808 |
| MIG INSURANCE LLC | 7575-6000 |
| INSURCO INSURANCE LLC | 7711-1313 |
CONTACT INFORMATION FOR RELEVANT PROFESSIONAL ORGANIZATIONS:
- Fire Fighting Department – 101
- Police – 102
- Emergency Medical Services – 103
- Emergency Services – 105
- Traffic Department – 1900-1234
- Association of Mandatory Insurers – 7010 1177, 7012 1177
(For matters relating to drivers who have not obtained compulsory insurance or where the insurance contract has expired.)
Advantages
- Transfer and receive money through more than 350,000 service points in more than 200 countries around the world;
- Lowest fees compare to similar services;
- Transactions sent from Mongolia to other countries and from other countries to Mongolia are processed very quickly, in just 10 minutes;
- You do not need to have a bank account to use MoneyGram.
|
Amount |
Fee |
| 0-100 USD |
8 USD |
|
100.01-250.00 USD |
12 USD |
| 250.01-500.00 USD |
20 USD |
|
500.01-750.00 USD |
30 USD |
| 750.01-1,000.00 USD |
40 USD |
|
1,000.01-1,250.00 USD |
55 USD |
| 1,250.01-1,500.00 USD |
70 USD |
|
1,500.01-2,000.00 USD |
90 USD |
| 2,000.01-2,500.00 USD |
100 USD |
|
2,500.01-3,000.00 USD |
110 USD |
| 3,000.01-3,500.00 USD |
120 USD |
|
3,500.01-4,000.00 USD |
130 USD |
| 4,000.01-5,000.00 USD |
150 USD |
|
5,000.01-5,500.00 USD |
180 USD |
| 5,500.01-6,000.00 USD |
200 USD |
|
6,000.01-6,500.00 USD |
220 USD |
| 6,500.01-7,000.00 USD |
240 USD |
|
7,000.01-7,500.00 USD |
250 USD |
| 7,500.01-10,000.00 USD |
300 USD |
Required information when coming in to the branch to make a transaction:
- ID card
- Recipients full name
- Money to transfer and service fee
After the transaction is successful, notify the following to the recipient:
- An 8-digit service number will be provided by the Bank. You must disclose the number only to the recipient.
List of Correspondent Banks
| BANK | CURRENCY | ACCOUNT NUMBER | SWIFT CODE | LOCATION | |
|
THE BANK OF NEW YORK MELLON | USD | 8901797057 | IRVTUS3N | NEW YORK, USA |
![]() |
OVERSEA-CHINESE BANKING CORPORATION /OCBC/ | USD | 503-558751-301 | OCBCSGSG | SINGAPORE |
| SGD | 717-370571-001 | ||||
| HKD | 503-295065-201 | ||||
![]() |
DBS BANK | SGD | 037-003681-0 | DBSSSGSG | SINGAPORE |
![]() |
SUMITOMO MITSUI BANKING CORPORATION | JPY | 5402 | SMBCJPJT | TOKYO, JAPAN |
![]() |
KEB HANA BANK | USD | 0963THR003000018 | KOEXKRSE | SEOUL, KOREA |
![]() |
COMMERZBANK AG | EUR | 400878504000EUR | COBADEFF | FRANKFURT, GERMANY |
| GBP | 400878504000GBP | ||||
![]() |
BAYERISCHE LANDESBANK | EUR | 6370716 | BYLADEMM | MUNICH, GERMANY |
![]() |
PT BANK NEGARA INDONESIA | USD | 766022285 | BNINIDJA | JAKARTA, INDONESIA |
![]() |
BANK OF CHINA | USD | 150889705214 | BKCHCNBJ880 | HOHHOT, CHINA |
| CNY | 155689709276 | ||||
![]() |
CHINA CONSTRUCTION BANK | CNY | 15001658408052502829 | PCBCCNBJNME | ERLIAN, CHINA |
![]() |
AGRICULTURAL BANK OF CHINA | CNY | 05999901040000327 | ABOCCNBJ050 | HOHHOT, CHINA |
![]() |
BANK OF INNER MONGOLIA | USD | 115914236010000466 | HSSYCNBH010 | ERLIAN, CHINA |
| CNY | 115901236010000573 | ||||
|
|
ZHEJIANG CHOUZHOU COMMERCIAL BANK | USD | 15601142320800002742 | CZCBCN2X | HANGZHOU, CHINA |
| EUR | 15601382320800001875 | ||||
| CNY | 15601012320890002740 | ||||
![]() |
AKBANK | TRY | TR300004600999888000000090 | AKBKTRIS | ISTANBUL, TURKEY |
|
INTERNATIONAL BANK FOR ECONOMIC COOPERATION | EUR | 30111978300000001734 | IBECRUMM | MOSCOW, RUSSIA |
| USD | 30111840700000001734 | ||||
| RUB | 30111810400000001734 | ||||
| CNY | 30111156100051001734 |




















