Categories
Currency-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
Currency-Hedged Deposit

Terms and conditions

Hedged

Conditions

Account currency

MNT

Term of deposit

6 months

12 months

Annual Interest

6.0%

7.0%

Early termination interest rate

2.0% /annual interest/

Minimum balance

1,000,000,000 MNT

Interest payment conditions

At the end of the period

Categories
Currency-Hedged Deposit

Eligibility or required documents

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