We offer our term deposit service in Mongolian Tugriks (MNT) and USD, with high interest rate on the market today.
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Category: Term deposit
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Advantages
- Enjoy the highest interest rate from our bank
- Access and manage your bank term deposit account using online banking services.
- No restrictions are applied for deposit transactions
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Terms and conditions
| Terms | MNT | USD |
| Tenors | Annual interest rates | |
| 6 months | 11.00% | 4.00% |
| 12 months | 14.00% | 4.00% |
| Interest rate upon early termination of contract /annual/ | 2.40% | 1.20% |
| Minimum deposit requirement | 10,000 MNT | 10 USD |
| Interest rate payments | At maturity date | |
| Withdrawal condition | At maturity date | |
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Fees and charges
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Eligibility or required documents
- Application form for legal entities
- An official letter for opening a new bank account
- An original copy and a copy of license from the Mongolian Financial Regulatory Commission
- 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/