- High interest rates in the short term;
-
Conversion and storage without exchange rate risk;
-
You can obtain a low-interest loan secured by your savings.
Categories
Category: Currency Hedged Deposit
We help hedge your organization’s exchange rate risk by offering a secured deposit solution. You can sell your US dollars at the prevailing exchange rate and open a savings account in MNT instantly. Convert and save without exchange rate risk and enjoy high returns with our protected deposit product.
Categories
Terms and conditions
Hedged |
Conditions |
|
Account currency |
MNT |
|
Term of deposit |
6 months |
12 months |
Annual Interest |
6.0% |
7.0% |
Interest payment on early termination |
2.0% /annual interest/ |
|
Minimum balance |
1,000,000,000 MNT |
|
Interest payment conditions |
At the end of the period |
|
- Customer application form; /download here/
- Official letter /Request to open an account/
- A copy of 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;