- Make withdrawal and deposit transactions at any time;
- Open your account in 5 major currencies including Mongolian Tugriks (MNT), USD, EUR, CNY and JPY;
- Access and manage your bank account using our online banking service.
Categories
Earn the highest interest income on your demand deposit account. There are five (5) different currencies in which to open your account.
In the face of the global pandemic COVID-19, no interest will be paid for any type of demand deposit accounts, during the implementation of the Law on Prevention, Control and Reduction of Social and Economic Impact of Coronavirus.
Terms | MNT | USD | EUR | CNY | JPY |
Interest rate /annual/ | 8.00-10.0%* | 1.50% | 1.20% | 1.20% | 1.20% |
Effective interest rate /annual/ | 8.30-10.471% | 1.51% | 1.207% | 1.207% | 1.207% |
Interest capitalization | Monthly | ||||
Minimum deposit requirement | 5,000 MNT | 5 USD | 5 EUR | 50 CNY | 500 JPY |
*Incentive interest is granted depending on the balance for MNT deposits.