Category: Other fees and charges

Other current and deposit account fees

Other fees

Services		MNT	USD	EUR	CNY	JPY	RUB	KRW	GBP
Cash deposit	Smaller banknotes*	–	2.0%	2.0%	2.0%	8.0%	0.3%	1.5%	–
	Other	–	–	–	–	1.5%			–

Cash withdrawal	Current account and deposit accounts	200	200 MNT + Additional charges mentioned below depending on currency.
			0.5%	0.5%	0.5%	3.0%	0.5%	1.5%	0.5%

Non-cash transactions	Intra-Bank (within same bank accounts) transactions:	100	Foreign currency equivalent to 200 MNT
	Inter-Bank transactions:
	Up to 5,000,000 MNT	200	1,500 MNT
	Over 5,000,001 MNT	500
	Tranfer cash to other bank accounts	1,000

Account opening fee		Free

Account service fee	For active accounts /monthly/	No fee
	Temporary inactive or suspended account fee /monthly/	2,000	Foreign currency equivalent to 2000 MNT
	Demand deposit fee /annually/	1,000	Foreign currency equivalent to 1000 MNT
	Dormant account fee /monthly/	2,000	Foreign currency equivalent to 2000 MNT

Account closure fee		1,000	Foreign currency equivalent to 1000 MNT

*- Smaller banknotes: USD 1, 2, 5, 10, 20, 50 banknotes; CNY 1, 5, 10, 20 banknotes; RUB 10, 50, 100 banknotes.

Inter-bank transactions are made in MNT, USD, EUR, CNY, JPY, RUB, GBP, HKD and SGD currencies.

Fees charged for cash deposits into an account to make any non-cash transactions including foreign exchange, deposit, loan repayment, transfer etc.;
Fees charged for cash withdrawals from an account unless cash deposits made into an account previously;
Smaller banknote fees may apply for using the specific banknotes mentioned above;