|
Type of service
|
Contributions and fees
|
|
Registration fee
|
Free |
|
Transfer within the bank
|
Free |
Categories
Category: Citizens
Categories
Eligibility or required documents
-
Requests for products and services /download here/
- Identity Card
-
If you are a foreign
-
Foreign passport
-
Residence permit in Mongolia
-
Categories
Other fees
| Service | MNT | USD | EUR | CNY | JPY | RUB | KRW | GBP | |
|
Cash debit |
Minor Bills* |
– |
2.0% | 2.0% | 2.0% | 0.3% | 8.0% | 1.5% |
– |
| Other bills |
– |
– | – | – | 0.3% | 5.0% |
– |
||
|
Cash withdrawal |
Current and savings accounts
|
200 MNT |
200 coins + cash exchange rates listed below
|
||||||
|
0.5% |
0.5% | 0.5% | 0.5% | 3.0% | 1.5% |
0.5% |
|||
|
Transfer |
Transfer within the bank
|
100 MNT |
Currency equivalent to 200 MNT
|
||||||
|
Transfer between banks:
|
|||||||||
|
Up to 5,000,000₮
|
200 MNT |
1,500 MNT |
|||||||
| Over 5,000,001₮ |
500 MNT |
||||||||
|
Transfer between banks by ordering cash
|
1,000 MNT |
||||||||
|
Opening an Account
|
Free |
||||||||
|
Accounts Payable Fees
|
Active account /monthly/
|
Free |
|||||||
|
Temporarily inactive and suspended accounts /monthly/
|
2,000 MNT |
Currency equivalent to 2,000 MNT
|
|||||||
|
Demand account /at the end of the year/
|
1,000 MNT |
Currency equivalent to 1,000 MNT |
|||||||
|
Non-active account /monthly/
|
2,000 MNT |
Currency equivalent to 2,000 MNT |
|||||||
|
Close the account
|
1,000 MNT |
Currency equivalent to 1,000 MNT |
|||||||
Categories
Notes
*- Small bills include 1, 2, 5, and 10 bills for USD, 5, 10 bills for EUR, 1, 5, 10, and 20 bills for CNY, and for RUB 10, 50, and 100 bills apply respectively.
Categories
Other bank transfer
Other bank transfers are made in the following currencies: MNT, USD, EUR, CNY, JPY, RUB, GBP.
Categories
Currencies fee
- A fee will be charged in case of small bills and income in the foreign currency account through cash trades and deals;
- A fee will be charged in the case of a small bill for making loan interest and loan principal payments in cash;
- Fees will be charged for spending non-cash loans on foreign currency accounts;
- In the case of earning money in the current account and transferring the money to another customer without cash, the customer who received the money will receive a fee for withdrawing the refund in cash;
- Fees will be charged in case of non-cash trades and transactions made in the currency account and cashed out;
- If the amount of cash expenses exceeds the amount of cash income, commission will be charged on the difference.
-
Customer application form; /download here/
- For Mongolian citizens: Citizens ID card;
- For Foreign citizens: Passport and certificate of alien registration
Categories
Benefits
- High interest return in a shorter period of time;
- Currency exchange rate risk can be hedged as the deposit is converted;
- Take low-interest deposit collateralized loan;
Categories
Terms and conditions
|
Types of services
|
Conditions |
|
|
Account currency
|
MNT | |
| Term of deposit | 6 months |
12 months |
|
Annual Interest
|
6.00% | 7.00% |
| Interest payment on early termination |
2.0% /annual interest/
|
|
|
Minimum balance |
USD equivalent to 200,000,000 MNT
|
|
| Interest payment conditions |
At the end of the period
|
|
|
Open an account
|
No fee
|
|
|
Savings book
|
Free |
|
Categories