Author: Tsolmonbayar

Outgoing international wire transfer

Benefits

You can make payments in the 13 most common currencies;
The most favorable interest rate conditions;
Additional services for international wire transfer (MT101, MT940)
You can make international wire transfer from anywhere using our Internet banking services;
Using SWIFT GPI, we can provide our customers with detailed information on the entire transaction process

Prepaid interest deposit

Benefits

Receive interest monthly to your desired account and earn passive income;
Make deposit transactions and add funds to your savings;
The interest rate on offer is higher than what most bank’s in Mongolia offer on the market.

Prepaid interest deposit

Eligibility or required documents

Post author By Tsolmonbayar
Post date May 18, 2022
No Comments on Eligibility or required documents

Application form for legal entities /download here/;
An official letter for opening a new bank account;
Notarized copy of ‘State Registration Certificate’;
Notarized copy of Company’s ‘Charter or Memorandum of Association (MOA);
Notarized signature of applicant /download here/;
Declaration of Beneficial Ownership /download here/;
Copy of ID card of the authorized personnel to dispose with an account;
Additional documents /if necessary/.

Gold deposit (XAU)

Benefits

Covering from all types of theft, fraud and gold price change risks;
Interest rate will be based on international gold prices and expressed in Troy ounces (OZ);
Receive interest payments every quarter;

Gold deposit (XAU)

Eligibility or required documents

Post author By Tsolmonbayar
Post date May 18, 2022
No Comments on Eligibility or required documents

Application form for legal entities /download here/;
An official letter for opening a new bank account on company headed notepaper;
An original copy and a copy of license from the Mongolian Financial Regulatory Commission;
Notarized copy of the ‘State Registration Certificate’;
Notarized copy of the Company’s ‘Charter or Memorandum of Association (MOA);
Notarized signature of the applicant /download here/;
Declaration of Beneficial Ownership /download here/;
Copy of the ID card of the authorized personnel to operate the account;
Additional documents /if necessary/.

Business departments

Давуу тал

Экспорт, импорт худалдааны газар:
Дотоод, гадаадын бараа эргэлтийн өсөлт, бууралт, тээвэр, логистик, төлбөрийн нөхцөлийн олон улсын жишгийг судлан, банкны зээлийн, баталгааны, аккредитив болон инкассын үйлчилгээг танд шуурхай хүргэхээр тус газар нь байгуулагдсан. Мөн бид төсөл хэрэгжүүлэгчдэд зориулан гадаад дотоодын санхүүгийн байгуулага болон хөрөнгө оруулагчидтай хамтран синдикат санхүүжилт хийх, гадаадын санхүүжилттай төсөл, хөтөлбөрийг өөрийн банкаар дамжуулан харилцах данс нээх, санхүүжилт олгох, урьдчилгаа төлбөр олгох зэргээр таны бизнесийн хамгийн ойрын түнш болж ажилладаг.
Үйлдвэр, уул уурхайн газар:
Монгол Улсын эдийн засгийн хөгжилд голлох үүрэг гүйцэтгэх салбарууд болох үйлдвэр, уул уурхай, сэргээгдэх эрчим хүч, хүнд үйлдвэрийн салбарын иргэд, байгууллагуудаа дэмжих, тэдний онцлогт нийцсэн санхүүгийн үйлчилгээг хүргэх нь манай газрын үндсэн зорилго юм.
Мөн бид энэ салбарын техник хэрэгсэл, тоног төхөөрөмж, бараа, материал, түүхий эдийн үнэ, өртөгийн судалгаа, мэдээллийг тогтмол гаргаж, зах зээлийн эрсдлийг тооцоолж, техник хэрэгсэл, тоног төхөөрөмжийн импорт, борлуулалт, түрээсийн үйл ажиллагаатай холбоотой судалгаа, дүн шинжилгээ хийх, төсөл хэрэгжүүлэх зэргээр амжилттай үйл ажиллагаагаа тэлсээр байна.
Шинэ төслийн газар
Зорилтот зах зээлд чиглэсэн судалгаа, шинэ төслийн өртөг зардлын үр ашгийн дүн шинжилгээг хийж тухайн салбарт тэргүүлэх ач холбогдолтой байх төслийг бойжуулахаас гадна бүтээгдэхүүн хөгжүүлэх, сурталчлах, борлуулах үйл ажиллагааг тус газар нь явуулдаг. Мөн хөрөнгө оруулалт шаардлагатай байгаа бизнесийн үйл ажиллагааны төлөвлөгөө боловсруулах, хөрөнгө оруулалтын бүтээгдэхүүн үйлчилгээг харилцагчдадаа санал болгон, хэрэгжүүлдэг.

Incoming international wire transfer

General information to receive payment

Post author By Tsolmonbayar
Post date May 16, 2022
No Comments on General information to receive payment

Click on the currency from the list below, fill in your current account information with the Transport and Development Bank, and please send the information to the remitter to receive payment from abroad.


USD	Receiving payment in US Dollar, please click here
EUR	Receiving payment in Euro, please click here
CNY	Receiving payment in Chinese Yuan, please click here
GBP	Receiving payment in British Pound, please click here
RUB	Receiving payment in Russian Ruble, please click here
JPY	Receiving payment in Japanese Yen, please click here
SGD	Receiving payment in Singapore Dollar, please click here
HKD	Receiving payment in Hong Kong Dollar, please click here
TRY	Receiving payment in Turkish Lira, please click here

Certificate of Deposit (CD)

Benefits

Interest rates are higher than deposit accounts on the market;
CDs are often considered as good as securities;
Allows the owner of the CD to inherit, sell, gift or transfer;
Can be used as collateral for savings-backed loans with a low interest rate.

Certificate of Deposit (CD)

Terms and conditions

Terms	Annual Interest rate
Tenor	MNT	USD
1 month	10.50%	2.20%
3, 6, 9 months	12.50%	4.00%
12 months	13.2%	4.00%
Interest rate upon early termination of contract /annual/	2-4.8%	1.20%
Minimum deposit	100,000,000 MNT and 500,000,000 MNT.	100,000 USD and 500,000 USD.
Interest payments	At the end of the contract
Interest on ‘Repo’ financing	Annual interest rate + 4.00%	No repo financing
Other conditions	No deposit transactions (Has strict rules on adding or making deposit transactions to your CD account)

Certificate of Deposit (CD)

Eligibility or required documents

Post author By Tsolmonbayar
Post date May 16, 2022
No Comments on Eligibility or required documents

Application form for legal entities /download here/;
An official letter for opening a new bank account on company headed notepaper;
An original copy and a copy of license from the Financial Regulatory Commission;
Notarized copy of the Company’s ‘State Registration Certificate’;
Notarized copy of Company’s ‘Charter or Memorandum of Association (MOA);
Notarized signature of applicant /download here/;
Declaration of Beneficial Ownership /download here/;
Copy of ID card of the authorized personnel to dispose with an account;
Additional documents /if necessary/.

Hedge deposit

Benefits

Earn bigger high-yields for short-term
Protection against currency risk exposure (exchange-rate risk)

Hedge deposit

Terms and conditions

Terms	Hedge deposit		Hedge deposit /High balance/
Currency	MNT
Tenor	6 months	12 months	6 months	9 months	12 months
Annual interest rate	6.00%	7.00%	7.50%	8.50%	9.00%
Interest rate upon early termination of contract /annual/	2.00%		3.50%
Minimum deposit	USD equavant to 200,000,000 MNT		MNT equivalent to 1,000,000 USD
Interest rate payments	At maturity date
Withdrawal condition	At maturity date
Deposit condition	Impossible
Account opening fee	Free
Savings book	Free

Hedge deposit

Eligibility or required documents

Post author By Tsolmonbayar
Post date May 16, 2022
No Comments on Eligibility or required documents

Application form for legal entities /download here/;
An official letter for opening a new bank account;
An original copy and a copy of license from the Financial Regulatory Commission;
Notarized copy of the Company’s ‘State Registration Certificate’;
Notarized copy of the Company’s ‘Charter or Memorandum of Association (MOA);
Notarized signature of applicant /download here/;
Declaration of Beneficial Ownership /download here/;
Copy of ID card of the authorized personnel to operate the account;
Additional documents /if necessary/.

Gold deposit terms
Account currency	XAU- GOLD /OZ/
Tenor	1 – 3 months	6 months	9 months	12 months
Annual Interest rate	2.25%	2.5%	2.75%	3.0%
Interest rate upon early termination of contract /annual/	1.0%
Fees for withdrawing cash from savings	1.5%
Minimum deposit	–
Interest payments	Quarterly
Savings book	Free