Category: Term Deposit

Transbank offers you to open a deposit product with the right to receive interest and make expenses at the end of the term.

Categories
Term Deposit

Benefits

  • High interest rates in the short term;
  • Deposit transactions are allowed anytime;
Categories
Term Deposit

Terms and conditions

Term

 6 months 12 months
Currency MNT USD MNT

USD

Interest /annual/

 11.0% 4.0% 14.0% 4.0%
Interest payment on early termination 2.4% 1.2% 2.4%

1.2%

Interest payment on early termination

 10,000 төгрөг 10 ам.доллар 10,000 төгрөг 10 ам.доллар
Interest payment conditions

End of the period

Debit transaction conditions

 Possible
Credit transaction conditions

End of the period
Categories
Term Deposit

Eligibility or required documents

  • Customer application form; /download here/
  • Official letter; /Request to open an account/
  • A copy 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;
Categories
Regular term deposit

Benefits

  • Competitive interest rates;
  • No restrictions for deposit transactions;
  • Use as collateral for deposit-backed loans with a low interest rate;
  • Earn your interest income quarterly for term deposits with 12 to 24 month maturities;
  • Access and manage your account by using our online banking service
Categories
Regular term deposit

Terms and condition

Terms MNT USD EUR CNY JPY
Duration Annual interest rate
1 month up to 10.50% 2.20% 1.20% 1.20% 1.20%
2 months up to 10.50% 2.50% 1.20% 1.20% 1.20%
3 – 6 months 11.00% 4.00% 3.60% 4.00% 3.30%
7 – 9 months 11.50% 4.00% 3.60% 4.00% 3.30%
10 – 11 months 12.00% 4.00% 3.60% 4.00% 3.30%
12 months 14.00% 4.00% 3.60% 4.00% 3.30%
13 – 18 months 14.00% 5.00% 3.60% 4.00% 3.30%
19 – 24 months 14.00% 5.50% – – –
Upon early termination 2.4%-4.8% 1.2% 0.6% 0.6% 0.6%
Minimum balance requirement 10,000 MNT 10 USD 10 EUR 100 CNY 1,000 JPY
Interest payment conditions
  • Savings with a maturity of 1 to 11 months;
  • 12-24 month deposits will be given quarterly interest;
Withdrawal conditions
  • At the end of every 3 months for 12-month deposits;
  • For savings with a maturity of 13 to 24 months, you will be entitled to spend 1 time in a 7-day calendar period at the end of every 6 months.
Categories
Regular term deposit

Eligibility or required documents

  • Customer application form; /download here/
  • Official letter; /Request to open an account/
  • A copy 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;