Categories
Category: Citizens
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Customer application form; /download here/
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For Mongolian citizens: Citizens ID card;
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For Foreign citizens: Passport and Residence permit in Mongolia;
Categories
Benefits
- Earn monthly interest on your deposits; ensuring a steady source of income;
- Additional deposits can be made at any time;
- Benefit from a higher than market average interest rate;
Categories
Terms and conditions
Account currency |
MNT |
USD |
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Term of deposit |
Nominal interest rate |
Effective interest rate |
Nominal interest rate |
Effective interest rate |
3 – 6 months |
11.3% |
11.9% |
3.8% |
3.87% |
7 – 12 months |
12.5% |
13.24% |
3.8% |
3.87% |
Interest payment on early termination |
2.4% |
0.6% |
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Minimum balance |
1,000,000 MNT |
1,000 USD |
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Interest payment conditions |
Every month |
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Dear Customer, by depositing the interest you received into your savings account on the same day, you will have the opportunity to earn a return based on the “Effective Interest Rate”. If the interest is not re-deposited into your savings account, your returns will be calculated based on the Nominal Interest Rate.
Categories
Other fees
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Customer application form; /download here/
- For Mongolian citizens: Citizen’s ID card;
- For Foreign citizens: Passport and Residence permit in Mongolia;
Categories
Benefits
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Benefit from the highest deposit interest rates offered by the bank;
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Open a deposit account for children under 18 years of age, with the flexibility to extend it annually;
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Directly receive government child allowance into the account;
Types of services |
Conditions |
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Account currency |
MNT |
USD |
EUR |
CNY |
JPY |
Annual Interest |
It is the same as the ordinary 12 month deposit rate at the time. |
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Interest payment on early termination |
2.4% |
0.6% |
0.6% |
0.6% |
0.6% |
Minimum balance |
10,000 MNT |
10 USD |
10 EUR |
100 CNY |
1,000 JPY |
Interest payment conditions |
Every year |
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Savings book |
Free |
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Categories
Other fees
- Customer application form /download here/
- Birth certificate of the child opening a savings account
- Identity card of the parents