Categories
Term Deposit Savings

Terms and conditions

Terms

MNT

USD

EUR

CNY

JPY

Duration

Annual interest rate

1 month

10.50%

2.20%

1.20%

1.20%

1.20%

2 months

10.50%

2.50%

1.20%

1.20%

1.20%

3 – 6 months

11.00%

4.00%

3.60%

4.00%

3.30%

7 – 9 months

11.50%

4.00%

3.60%

4.00%

3.30%

10 – 11 months

12.00%

4.00%

3.60%

4.00%

3.30%

12 months

14.00%

4.00%

3.60%

4.00%

3.30%

13 – 18 months

14.00%

5.00%

3.60%

4.00%

3.30%

19 – 24 months

14.00%

5.50%

Open early termination

2.4%-4.8%

1.2%

0.6%

0.6%

0.6%

Minimum balance requirement

10,000 MNT

10 USD

10 EUR

100 CNY

1,000 JPY

Interest payment conditions

  • Savings with a maturity of 1 to 11 months;

  • 12-24 month deposits will be given quarterly interest;

Withdrawal conditions

  • At the end of every 3 months for 12-month deposits;

  • For savings with a maturity of 13 to 24 months, you will be entitled to spend 1 time in a 7-day calendar period at the end of every 6 months.

  • With the approval of the Cheif  Treasury Officer, you may make 1 withdraw at any time.

Savings book

Free

  • With the approval of the CEO publicly announced interest rate can be increased by up to 4% for the customers who have built stable relationship with the bank.
Categories
Term Deposit Savings

Other fees

Other fees for current and savings account

Categories
Term Deposit Savings

Eligibility or required documents

  • Customer application form; /download here/
  • For Mongolian citizens: Citizens ID card;
  • For Foreign citizens: Passport and certificate of alien registration
Categories
Citizens

Your reliable and trusted financial partner

We provide a comprehensive suite of financial solutions to fulfill the financial aspirations of our customers.