Category: Citizens

Categories
Deposit certificate

Terms and conditions

Type of service

Conditions
Account currency
 MNT USD

Term of deposit
Annual Interest
1 month 10.5%

2.2%
3, 6 and 9 months
 12.5% 4.0%
12 months
 13.2%

4.0%
Deposit amount
100,000,000 MNT
500,000,000 MNT
100,000 USD
500,000 USD

Interest payment on early termination

 2.4%-4.8%

1.2%

Interest payment conditions

At the end of the period
Repo Financing Rate
Savings Certificate Interest + 4.00%
Repo financing will not be provided
Other
Additional deposits not allowed
Open an account
No fee
Categories
Deposit certificate

Other fees

Other fees for current and savings account

Categories
Deposit certificate

Eligibility or required documents

  • Customer application form; /download here/
  • For Mongolian citizens: Citizen’s ID card;
  • For Foreign citizens: Passport and Residence permit in Mongolia;
Categories
Gold Deposit Account

Benefits

  • Your physical gold is protected from potential risks such as theft, fraud, or exchange rate fluctuations;
  • Interest is capitalized in international benchmark XAU units on your gold deposits;
  • No fees are charged on withdrawal and transaction;
Categories
Gold Deposit Account

Terms and conditions

Gold-Term Savings Account Terms and Conditions

Account opening currency

XAU- Gold

Deposit term

1 – 3 months

6 months

9 months

12 months

Annual Interest

2.25%

2.5%

2.75%

3.0%

Interest payment on early termination

1.0%

Fees for withdrawing cash from savings

1.5%

Minimum balance

4 ounces of gold

Interest payment conditions

Quarterly
Categories
Gold Deposit Account

Other fees

Other fees for current and savings account

Categories
Gold Deposit Account

Eligibility or required documents

  • Customer application form; /download here/
  • For Mongolian citizens: Citizen’s ID card;
  • A copy of the license issued by the Financial Regulatory Commission /with the original/
Categories
Demand Deposit

Benefits

  • No limitation on deposit and withdrawal transactions;
  • Open a deposit account in MNT, USD, EUR, CNY, and JPY
  • Easily manage your account with our online banking services.
Categories
Demand Deposit

Terms and conditions

Terms and conditions of demand accounts

Currency

MNT

USD

EUR

CNY

JPY

Nominal interest rate

Up to 99,999,999 MNT/Deposit balance/

8.0%

1.5%

1.2%

1.2%

1.2%

From 100,000,000 to 499,999,999 MNT/Deposit balance/

9.0%

More than 500,000,000 MNT/Deposit balance/

10.0%

Effective interest rate

Up to 99,999,999 MNT/Deposit balance/

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%

Interest payment
Monthly

Minimum balance of savings account

5,000 MNT

5 USD

5 EUR

50 CNY

500 JPY

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.

Categories
Demand Deposit

Other fees

Other fees for current and savings account