- Receive interest monthly to your desired account and earn passive income;
- Make deposit transactions and add funds to your savings;
- The interest rate on offer is higher than what most bank’s in Mongolia offer on the market.
Categories
Category: Prepaid interest deposit
If you’re interested in opening your business savings account with a possibility to earn passive income on a monthly basis, we offer our ‘Prepaid interest deposit’ service.
Categories
Terms and conditions
|
Terms |
MNT | USD |
| Tenor |
Annual Interest rates |
|
| 3 – 6 months |
11.30% |
3.80% |
| 7 – 12 months |
12.50% |
3.80% |
| Interest rate upon early termination of contract /annual/ |
2.4%-4.8% |
1.20% |
| Minimum deposit |
1,000,000 MNT |
1,000 USD |
| Interest payments |
Monthly |
|
| Account opening fee |
Free |
|
| Savings book |
Free |
|
Categories
Fees and charges
- Application form for legal entities /download here/;
- An official letter for opening a new bank account;
- Notarized copy of ‘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/.