- Customer application form
- Documents required:
- For Mongolian citizens: Citizens ID card;
- For Foreign citizens: Passport and certificate of alien registration.
Category: Personal Banking
Benefits
- Receive interest monthly to your current account and earn passive income;
- No restrictions are applied for deposit transactions;
- The highest Interest rate offered on the market.
Terms and conditions
Terms |
MNT | USD |
Tenor |
Annual Interest rates |
|
3 – 6 months |
11.30% |
3.80% |
7 – 12 months |
12.50% |
3.80% |
Interest rate upon early termination of contract /annual/ |
2.4%-4.8% |
1.20% |
Minimum deposit |
1,000,000 MNT |
1,000 USD |
Interest payments |
Monthly |
|
Account opening fee |
Free |
|
Savings book |
Free |
Fees and charges
- Customer application form /download here/;
- Documents required:
- For Mongolian citizens: Citizens ID card;
- For Foreign citizens: Passport and certificate of alien registration.
Benefits
- Enjoy the highest interest rate from our bank
- Open your new savings account with the contract running until your child is 18, with the contract renewed every year to save you precious time
- You can receive your child allowance directly into your children’s savings account
- Earn interest annually and it can be credited to different accounts at your discretion
Terms |
MNT | USD | EUR | CNY |
JPY |
Annual Interest rates |
14.00% | 4.00% | 3.60% | 4.00% |
3.30% |
Interest rate upon early termination of contract /annual/ |
2.0%-4.8% | 1.20% | 0.60% | 0.60% |
0.60% |
Minimum deposit |
10,000 | 10 | 10 | 100 |
1,000 |
Interest payments |
Per annum |
||||
Account opening fee |
Free |
||||
Savings book |
Free |
||||
Tenor |
Contract expiry is 12 months and it can be renewed every year, up until your children is up to the age of 18. |
Fees and charges
- Customer application form /download here/;
- An original copy of your child’s birth certificate;
- Documents required for parents or legal guardians of the child:
- For Mongolian citizens: Citizens ID card;
- For Foreign citizens: Passport and certificate of alien registration.
Benefits
- Deposit physical Gold as a bar by a floating valuation of XAU denomination
- Safe and risk-free
- Does not charge any withdrawal or transaction fees
Terms for gold current account (XAU) |
|
Account currency |
XAU- Gold /Oz/ |
Interest rate /annual/ |
In face of the global pandemic COVID-19, no interest will be paid for any type of current accounts, during the implementation of the “Law on Prevention, Control and Reduction of Social and Economic Impact of Coronavirus”. |
Minimum balance requirement |
– |
The account does not charge any withdrawal or transaction fees.
- Customer application form /download here/;
- An original copy of the “Trading permit” issued by the The Financial regulatory commission /FRC/;
- Documents required:
- For Mongolian citizens: Citizen ID card.
- For foreign citizens: Certificate of Alien Registration Card and Passport Copy.
Benefits
- Can prevent from the potential multilateral issues, misunderstandings and doubts between the parties and cover risks;
- Reliable and safe transfer of the funds by the bank with the consent of the parties who are subject to the terms of the agreement;
Terms and conditions
Terms | MNT | USD | EUR | CNY |
JPY |
On purchase agreements for property and real estate’s sale: |
|||||
Seller |
20,000 | 10 | 10 | 70 |
1,000 |
Buyer |
20,000 | 10 | 10 | 70 |
1,000 |
Other: |
|||||
Seller | 0.1%
/Up to 100,000 MNТ / |
0.1% /Currency equivalent to 100,000 MNT / |
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Buyer |