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No limitation on deposit and withdrawal transactions;
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Open a deposit account in MNT, USD, EUR, CNY, and JPY
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Easily manage your account with our online banking services.
Category: Deposit
TransBank offers you the most flexible demand deposit account service in 5 major currencies with the highest interest rate in the market. Deposit and withdrawal transactions can be predetermined by the contract, enabling you to grow your savings and earn high interest income.
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Terms and conditions
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Terms and conditions of demand accounts
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Currency
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MNT | USD | EUR | CNY | JPY | |
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Announced interest rate /annually/
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Up to 99,999,999 MNT /Deposit balance/
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8.0% |
1.5% | 1.2% | 1.2% | 1.2% |
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From 100,000,000 to 499,999,999 MNT /Deposit balance/
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9.0% |
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More than 500,000,000 MNT /Deposit balance/ |
10.0% |
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Real interest /annual/
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Up to 99,999,999 MNT /Deposit balance/
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8.3% | 1.51% | 1.21% | 1.21% | 1.21% |
| From 100,000,000 to 499,999,999 MNT /Deposit balance/ | 9.381% | |||||
| More than 500,000,000 MNT /Deposit balance/ |
10.471% |
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Interest payment
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Monthly
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Minimum balance of savings account
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5,000 MNT
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5 USD | 5 EUR | 50 CNY |
500 JPY |
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| Notes:
– It is a product that allows you to earn interest on your money by debit and credit at any time by opening a demand account. |
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Categories
Other fees
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Eligibility or required documents
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Customer application form; /download here/
- For Mongolian citizens: Citizens ID card;
- For Foreign citizens: Passport and certificate of alien registration