Category: Corporate Banking

Benefits

Terms	Annual Interest rate
Tenor	MNT	USD
1 month	10.50%	2.20%
3, 6, 9 months	12.50%	4.00%
12 months	13.2%	4.00%
Interest rate upon early termination of contract /annual/	2-4.8%	1.20%
Minimum deposit	100,000,000 MNT and 500,000,000 MNT.	100,000 USD and 500,000 USD.
Interest payments	At the end of the contract
Interest on ‘Repo’ financing	Annual interest rate + 4.00%	No repo financing
Other conditions	No deposit transactions (Has strict rules on adding or making deposit transactions to your CD account)

Application form for legal entities /download here/;
An official letter for opening a new bank account on company headed notepaper;
An original copy and a copy of license from the Financial Regulatory Commission;
Notarized copy of the Company’s ‘State Registration Certificate’;
Notarized copy of Company’s ‘Charter or Memorandum of Association (MOA);
Notarized signature of applicant /download here/;
Declaration of Beneficial Ownership /download here/;
Copy of ID card of the authorized personnel to dispose with an account;
Additional documents /if necessary/.

Terms	Hedge deposit		Hedge deposit /High balance/
Currency	MNT
Tenor	6 months	12 months	6 months	9 months	12 months
Annual interest rate	6.00%	7.00%	7.50%	8.50%	9.00%
Interest rate upon early termination of contract /annual/	2.00%		3.50%
Minimum deposit	USD equavant to 200,000,000 MNT		MNT equivalent to 1,000,000 USD
Interest rate payments	At maturity date
Withdrawal condition	At maturity date
Deposit condition	Impossible
Account opening fee	Free
Savings book	Free

Application form for legal entities /download here/;
An official letter for opening a new bank account;
An original copy and a copy of license from the Financial Regulatory Commission;
Notarized copy of the Company’s ‘State Registration Certificate’;
Notarized copy of the Company’s ‘Charter or Memorandum of Association (MOA);
Notarized signature of applicant /download here/;
Declaration of Beneficial Ownership /download here/;
Copy of ID card of the authorized personnel to operate the account;
Additional documents /if necessary/.

Earn interest and profit from short-term investment (available for 6 months);
Protection against currency risk exposure (exchange-rate risk);
Allows you to make withdrawals from a deposit account every half-year for a calendar week.

Terms	Short-term deposit		Long-term deposit
Tenor	6 months		12 months
Currency	MNT	USD	MNT	USD
Annual interest rate	15.00%	4.50%	16.00%	5.50%
Interest rate upon early termination of contract /annual/	2.4%-4.8%	1.20%	2.4%-4.8%	1.20%
Minimum deposit	200,000,000 MNT or equivalent USD		500,000,000 MNT or equivalent USD
Interest payments	At maturity date		At maturity date
Withdrawal condition	At maturity date		Half-Yearly /Up to 30% of the deposit balance/
Deposit condition	Impossible		Impossible
Conversion between currencies	Any time during the contract, at principal amount only.
Account opening fee	Free
Savings book	Free

Available service fees	Fees and charges
Admission fee /annually/	50,000 MNT
Intra-bank transactions fee /transactions made between TransBank accounts/	No fee

A formal request or official letter provided by the customer is required to apply for this service