Save your valuable time with the TransBank application. You can conveniently access all types of banking services anytime and anywhere.
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Benefits
- Additional services supporting dark mode;
- Login using fingerprint or Face ID;
- Easy execution of all types of payments;
- No annual or enrollment fees;
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Features
| Account | • View current and savings account information and statement |
| • View loan account details and make repayments | |
| • Open new current or savings accounts | |
| • Configure account permissions and change status | |
| • Obtain a bank reference letter | |
| Transaction | • Transfer funds between your own accounts |
| • Transfer funds between TransBank accounts | |
| • Make interbank transactions | |
| • Make secure international remittances | |
| • Make loan and credit card payments | |
| • Set up and manage recurring payments | |
| • Ticket request | |
| • Corporate Gateway | |
| Payment | • Pay utility bills conveniently from your accounts |
| • Make fast and secure payments using Qpay | |
| • Public service payments | |
| Loan | • View loan balance and repayment schedule |
| • Apply for deposit backed loans | |
| Card | • Order new payment cards |
| • Change card status (active, inactive) | |
| • Change card E-PIN code | |
| • Change current account of your card | |
| • View card statement | |
| Other services | • Update your registered phone number and an e-mail address |
| • Change your username and password |
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Conditions
| SERVICE TYPE | RETAIL | CORPORATE | ||
| Intra-Bank transaction fee | MNT | OTHER CURRENCY | MNT | OTHER CURRENCY |
| 100MNT | Equivalent to 200 MNT in foreign currency | 100MNT | Equivalent to 200 MNT in foreign currency | |
| Interbank transaction fee | Low amount – 200MNT | Equivalent to 1500 MNT in foreign currency | Low amount – 200MNT | Equivalent to 1500 MNT in foreign currency |
| High amount – 500MNT | High amount – 500MNT | |||
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Required documents
You can register for Internet banking by visiting the nearest TransBank branch with a valid ID card, filling out a costumer application form, and signing the required agreement.
Individual:
- ID card or foreign passport
Corporate:
- ID card or foreign passport of authorized signatories (original or notarized copy);
- Official request letter.
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Access our 24/7 internet banking services conveniently from your desktop, tablet, mobile phone, or directly through our website. Manage your personal finances effortlessly, anytime and anywhere, tailored to your preferences.
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Benefits
- Save time and money;
- Secure and reliable;
- Easy to use;
- Access products and services without visiting a branch;
- No annual fees or setup charges;
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Conditions
| Service type | Individual | Corporate | ||
| Intra-Bank transaction fee | MNT | Other | MNT | Other |
| 100 MNT | Equivalent to 200 MNT | 100 MNT | Equivalent to 200 MNT | |
| Interbank transaction fee | 200 MNT (low valued) | Equivalent to 1500 MNT | 200 MNT (low valued) | Equivalent to 1500 MNT |
| 500 MNT (high valued) | 500 MNT (high valued) | |||
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Required documents
You can register for Internet banking by visiting the nearest TransBank branch with a valid ID card, filling out a customer application form, and signing the required agreement.
Individual:
- ID card or foreign passport
Chief financial officer and the finance units manage the following activities within the framework of financial accounting and control:
- Oversee the financial reporting process, develop accounting policies in accordance with the legislations and IFRS, monitor their implementation, prevent and reduce potential risks;
- Prepare and fairly present the bank’s financial statements in accordance with IFRS, facilitate external auditors with appropriate and sufficient evidence for auditing the financial reports, and provide financial information to all stakeholders;
- Efficiently manage the budgeting and financial management activities, ensure the continuity of management information system, provide timely data and information to the management in support of timely decision making.
TransBank complies with relevant Mongolian laws, rules, regulations and guidelines for financial accounting and auditing, and implements the Bank’s internal accounting documents in its day-to-day operations in accordance with International Financial Reporting Standards (IFRS).
INTERNAL CONTROL FRAMEWORK
Internal Audit Division of TransBank carries out the Bank’s internal auditing activities and reports directly to the Board of Directors.
The Financial policy and control division is responsible for defining the Bank’s accounting policies in accordance with relevant standards, laws and regulations, while monitoring their implementation. In overseeing the financial reporting processes, the Division implements remote and on-site control over the operation of the core banking system and branches, towards ensuring accuracy, continuity, reliability of financial statements, and efficiency of the internal financial controls in prevention and reduction of potential risks.