Categories
“Hedged” Deposit

Benefits

  • High interest return in a shorter period of time;
  • Currency exchange rate risk can be hedged as the deposit is converted;
  • Take low-interest deposit collateralized loan;
Categories
“Hedged” Deposit

Terms and conditions

Hedged

Conditions
Account currency

MNT

Term of deposit

6 months 12 months
Annual Interest 6.00%

7.00%

Interest payment on early termination

2.0% /annual interest/
Minimum balance

USD equivalent to 200,000,000 MNT

Interest payment conditions

At the end of the period

 

Categories
Flexible term deposit

Benefits

  • The highest interest rate;
  • You can make income and expenses transaction whenever you want;
  • Receive deposit interest on every month;
  • You can manage your account by the Transbank application;
Categories
Flexible term deposit

Terms and conditions

Flexible term deposit

Conditions
Currency MNT USD

JPY

Terms

3 months
Interest /annual/
0 – 99,999,999 MNT and equivalent currency
8.0% 2.0%

1.5%

100,000,000 – 499,999,999 MNT and equivalent currency
9.0% 2.25%

1.75%

More than 500,000,000 MNT or equivalent currency
10.0% 2.5% 2.0%
Minimum balance
10,000 MNT 10 USD

1,000 JPY

Interest payment
Monthly
Withdrawal

Possible

Income

Possible

Categories
Flexible term deposit

Eligibility or required documents

  • Customer application form; /download here/
  • Official letter; /Request to open an account/
  • A copy the registration certificate issued by the State Registration authorities;
  • Company charter;
  • Authorized signature, stamp /must be authorized by notary/; /download here/
  • Authorized person’s documents such as identification card;
Categories
Exchange rate risk sharing deposit

Benefits

  • Have the right to make quarterly expenses from the savings account;
  • Interest on deposits is available quarterly;
  • The customer is protected from possible exchange rate risks;
Categories
Exchange rate risk sharing deposit

Terms and conditions

Account type

Conditions
Account currency

MNT

Term of deposit

12 months
Announced interest rate /annually/

The current 12 month savings interest rate

Total interest /annual/

Announced interest rate /annually/ + Interest rate hedge
Minimum balance

500,000,000 MNT

Interest payment on early termination

2.4%-4.8%
Interest payment conditions

Every 3 months

Credit transactions

Every 3 months
Debit transactions

Possible

Categories
Gold term deposits

Benefits

  • Your physical gold is protected from potential risks such as theft, fraud, or exchange rate fluctuations.
  • Interest is capitalized in international benchmark XAU units on your gold deposits;
  • No fees are charged on withdrawal and transaction;
Categories
Gold term deposits

Terms and conditions

Gold-Term Savings Account Terms and Conditions

Account opening currency

XAU- Gold

Deposit term

1 – 3 months 6 months 9 months 12 months
Annual Interest 2.25% 2.5% 2.75%

3.0%

Interest payment on early termination

1.0%
Fees for withdrawing cash from savings

1.5%

Minimum balance

Interest payment conditions

Quarterly

Categories
Convertible term deposit

Benefits

  • High interest return in comparativily shorter period of time;
  • Hedging against exchange rate risk;
  • Earn your interest on quarterly basis;
  • Withdrawals are allowed for 7 calendar days in each quarter;