Categories
Convertible deposit

Benefits

  • Earn interest and profit from short-term investment (available for 6 months);
  • Protection against currency risk exposure (exchange-rate risk);
  • Allows you to make withdrawals from a deposit account every half-year for a calendar week.
Categories
Convertible deposit

Terms and conditions

Terms Short-term deposit Long-term deposit
Tenor 6 months 12 months
Currency

MNT

USD MNT

USD

Annual interest rate

15.00%

4.50% 16.00%

5.50%

Interest rate upon early termination of contract /annual/

2.4%-4.8%

1.20% 2.4%-4.8%

1.20%

Minimum deposit

200,000,000 MNT or equivalent USD

500,000,000 MNT or equivalent USD

Interest payments

At maturity date

At maturity date

Withdrawal condition

At maturity date

Half-Yearly

/Up to 30% of the deposit balance/

Deposit condition

Impossible

Impossible

Conversion between currencies

Any time during the contract, at principal amount only.

Account opening fee

Free

Savings book

Free

Categories
Convertible deposit

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 operate the account;
  • Additional documents /if necessary/.
Categories
Sweep account service

Benefits

  1. No fees charged for ‘intra-bank’ (within TransBank account) transactions;
  2. Saves your precious time.

 

Categories
Sweep account service

Шимтгэл, хураамж

Available service fees

Fees and charges

Admission fee /annually/

50,000 MNT

Intra-bank transactions fee /transactions made between TransBank accounts/

No fee

Categories
Sweep account service

Eligibility or required documents

  1. A formal request or official letter provided by the customer is required to apply for this service
Categories
Account statements and enquiries

Fees and charges

Available service fees Fees and charges
Account statements /Per 1 sheet/ 100 MNT
Reference letters:
Reference letter in Mongolian 4,000 MNT
Reference letter in English
Providing dedicated reference letters at the customer’s request 15,000 MNT
Providing reference letters for new accounts, opened less than 14 days since opening an account or for an additional new account co-holder 30,000 MNT
Additional copy of the reference letter /per copy/ 1,000 MNT
Reference letters regarding loan accounts or loans 30,000 MNT
Recover income, expenses and non-cash receipts from program, if lost 300 MNT
Making hard copy of documents and enquiries from bank’s archive /per page/ 3,000 MNT /within 1 year/
5,000 MNT /within 1-3 years/
10,000 MNT /above 3 years/
Correction transaction from caused by customer error 500 MNT
Daily statements No fee
Savings book 1,000 MNT
Issue bank cash cheque /Only for corporate and business account customers/
Per cheque 200 MNT
Bank cheque book /with 25 pages/ 4,000 MNT
Authorized Signature Form No fee
Cash withdrawals and income form
Account open request form
Account balance form of payment
Categories
Safe deposit box service

Benefits

  1. The most convenient and safe method for keeping your items;
  2. Protected from all types of external influences;
  3. Only the owner of the box has the right to open and to know what’s inside;
  4. Own as many boxes you want;
  5. Boxes are also available to be entrusted to one or more other owners at your discretion.
Categories
Safe deposit box service

Fees and charges for the boxes

Varieties of box size selection

/length*width*height/

Period for using ‘Deposit box’

1-15 days

16-30 days 31-90 days

91 or above

Daily fee

1

56*30*52 cm 700 MNT 650 MNT 550 MNT

500 MNT

2

56*30*22 cm 500 MNT 400 MNT 350 MNT

300 MNT

3

56*30*11 cm 450 MNT 350 MNT 300 MNT

250 MNT

Categories
Safe deposit box service

Eligibility or required documents

  1. A formal request or official letter provided by the company is required to apply for this service.
Categories
Standing order

Benefits

 

  1. Time saving;
  2. The service is free;
  3. Transfer funds to your deposit account regularly;
  4. The timing and amount of the transaction can be adjusted as per the customer’s requirements.

 

Categories
Standing order

Fees and charges

This service does not charge any admission fee or transaction fee.

Categories
Standing order

Requirements

  1. Have an account already opened by your organization
Categories
Home

Бүтээгдэхүүний нөхцөл

 

Үйлчилгээний төрөл

Үйлчилгээний нөхцөл

Дансны валют

Төгрөг

Хугацаа

3 сар

6 сар

Жилийн хүү

6.00%

7.00%

Хугацаанаас нь өмнө цуцлахад төлөх хүү

2.00% /жилийн хүү/

Доод үлдэгдэл

1,000,000,000 төгрөгтэй тэнцэх ам.доллар

Хүү олгох давтамж

Хугацааны эцэст

Данс нээх

Хураамжгүй

Хадгаламжийн дэвтэр

Үнэгүй

Хадгаламж барьцаалсан зээлийн нөхцөл

Хэмжээ: хадгаламжийн 90 хүртэл хувь;

Хүү: хадгаламжийн хүү + 6.00%;

Categories
Corporate payment card

Benefits

  • Company management or a particular employee can hold the card.
  • Operating cash flow management effectively;
  • Secured with the latest EMV chip technology
  • Paywave technology that allows contactless payment