Categories
“Golden coin” children's saving

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
Categories
“Golden coin” children's saving

Terms and conditions

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.

Categories
“Golden coin” children's saving

Fees and charges

Other current and saving account fees

Categories
“Golden coin” children's saving

Eligibility or required documents

  • 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.