- No fees charged for ‘intra-bank’ (within TransBank account) transactions;
- Saving your most precious time.
Available service fees |
Fees and charges |
Admission fee /annually/ |
50,000 MNT |
Intra-bank transactions fee /transactions made between TransBank accounts/ |
No fee |
- A formal request provided by the customer to activate this service.
Fees and charges
Available service fees |
Fees and charges |
||
Account statements /Per 1 sheet/ |
100 MNT |
||
Reference letters: |
|||
Reference letter in Mongolian |
4,000 MNT |
||
Reference letter in English |
|||
Providing dedicates reference letters at the customer’s request |
15,000 MNT |
||
Providing reference letters for accounts are new, opened less than 14 days since opening an account or added new account co-holder |
30,000 MNT |
||
Additional copy of the reference letter /per copy/ |
1,000 MNT |
||
Reference letters regarding loan accounts or loan |
30,000 MNT |
||
Recover income, expenses and non-cash receipts from program, if lost |
300 MNT |
||
Making hard copy of documents and inquiries from bank’s archive /per page/ |
3,000 MNT /within 1 year/ 5,000 MNT /within 1-3 years/ 10,000 MNT /above 3 years/ |
||
Correction transaction from the customer’s fault caused by the customer’s error |
500 MNT |
||
Daily statements |
No fee |
||
Savings book |
No fee |
||
Issue bank cash cheque /Only for corporate and business account customers/ |
|||
Per cheque |
200 MNT |
||
Bank cheque book /with 25 pages/ |
4,000 MNT |
||
Authorized Signature Form |
No fee |
||
Cash withdrawals and income form |
|||
Account open request form |
|||
Account balance form of payment |
- Documents required:
-
-
- For Mongolian citizens: Citizen’s ID card;
- For Foreign citizens: Passport and Certificate of Alien Registration.
-
Benefits
- The most convenient and safe method for keeping your items;
- Protected from all types of external influences;
- Only the owner of the box has rights to open and to know what’s inside;
- Own as many boxes you want;
- Boxes are also available to be entrusted to one or more other owners at your discretion.
Notice: Prohibited items for safety deposit boxes include explosives, chemicals harmful for the environment, flammable and volatile items, weapons and firearms.
№ |
Varieties of box size selection /length*width*height/ |
Period for using ‘Deposit box’ |
|||
1-15 days |
16-30 days | 31-90 days |
91 or above |
||
Daily fee |
|||||
1 |
56*30*52 cm |
700 MNT |
650 MNT | 550 MNT |
500 MNT |
2 |
56*30*22 cm |
500 MNT |
400 MNT | 350 MNT |
300 MNT |
3 |
56*30*11 cm |
450 MNT |
350 MNT | 300 MNT |
250 MNT |
- Customer application form /download here/;
- Documents required:
- For Mongolian citizens: Citizen’s ID card;
- For Foreign citizens: Passport and Certificate of Alien Registration.
- Perfect for those who do not want to lose time coming physically to the bank;
- The service is free;
- Easy for those who are saving;
- The timing and amount of the transaction can be adjusted as per customer request.
This service does not charge any admission fee or transaction fee.
- Customer application form /download here/;
- Documents required:
- For Mongolian citizens: Citizen ID card;
- For Foreign citizens: Passport and certificate of alien registration.
Tserendash Sedvanchig
Tserendash S. graduated from Indiana University in the USA with a bachelor’s degree in Finance in 2009. He furthered his education at the University of Luxembourg, where he earned a master’s degree in Asset management in 2017.
With a professional career of serving as a specialist of Finance and Economic Policy Department from 2009 to 2013 and specialist at the Financial Policy Department of the Ministry of Finance from 2015 to 2017, Director of Corporate Banking Department at State Bank from 2013 to 2015, Head of the department that responsible for preparing the establishment of the Investment Management company and Investment fund of the Development Bank in 2017, Executive Director of DBM Asset Management, a subsidiary of the Development Bank, from 2017 to 2019, Head of Securities Department of the Financial Regulatory Commission from 2020 to 2021, Deputy Director of Business Development of the Development Bank from 2021 to 2022. In 2022, he became the Executive Director and Project Consultant of Burenscore CIB LLC, a position he held until 2023, then served as Deputy Head of the Treasury Department of the Ministry of Finance from February to June 2023.
He has been a member of TransBank’s Board of Directors since December 6, 2023, and was appointed Chairman of the Board effective August 26, 2024.
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