Categories
Demand deposit

Eligibility or required documents

  • Customer application form /download here/;
  • An original copy and a copy of the agreement between the parties;
  • Documents required:
    • For Mongolian citizens: Citizen ID card;
    • For Foreign citizens: Passport and certificate of alien registration.
Categories
Convertible deposit

Benefits

  • Earn interest and profit from short-term investment
  • Protection against currency risk exposure (exchange-rate risk)
  • Allows you to make withdrawals from a deposit account every quarter for a calendar week.
Categories
Convertible deposit

Terms and conditions

Terms

 Short-term deposit Long-term deposit
Tenor 6 months

12 months

Currency

 MNT USD MNT USD

Annual interest rate

 15.00% 5.0% 16.00%

6.0%
Interest rate upon early termination of contract /annual/ 2.4%-4.8% 1.20% 2.4%-4.8%

1.20%

Minimum deposit

 200,000,000 MNT or equivalent USD

500,000,000 MNT or equivalent USD

Interest payments

 Quarterly

Withdrawal condition

Quarterly
Deposit condition

Possible

Conversion between currencies

Any time during the contract, at principal amount only.

Foreign currency convertible deposits

CurrencyUSD
Tenor12 months
Annual interest rate4.00%
Interest rate upon early termination of contract /annual/1.20%
Minimum deposit100,000,000 MNT or equivalent USD
Interest paymentsAt the end of the period
Deposit conditionImpossible
Withdrawal conditionAt the end of the period
Convertible currencyMNT*
*Note: If the term of the deposit agreement and the conditions stipulated in the agreement are met, the bank can offer the customer the most favorable exchange rate at the end of the term, which is compatible with the current market conditions
Categories
Convertible deposit

Fees and charges

Other current and saving account fees

Categories
Convertible deposit

Eligibility or required documents

  • Customer application form
  • Documents required:
    • For Mongolian citizens: Citizens ID card;
    • For Foreign citizens: Passport and certificate of alien registration.
Categories
Credit rating

TransBank’s Credit Rating by Moody’s

  • Outlook Stable
  • Issuer Rating B3
  • Counterparty Risk Rating-Fgn Curr B3/NP
  • Counterparty Risk Rating-Dom Curr B2/NP
  • Bank Deposits B3/NP
  • Baseline Credit Assessment B3
Categories
Prepaid interest deposit

Benefits

  • Receive interest monthly to your current account and earn passive income;
  • No restrictions are applied for deposit transactions;
  • The highest Interest rate offered on the market.
Categories
Prepaid interest deposit

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
Prepaid interest deposit

Fees and charges

Other current and saving account fees

Categories
Prepaid interest deposit

Eligibility or required documents

  • Customer application form /download here/;
  • Documents required:
    • For Mongolian citizens: Citizens ID card;
    • For Foreign citizens: Passport and certificate of alien registration.
Categories
“Golden coin” children's saving

Benefits

  • Enjoy the highest interest rate from our bank
  • Open your new savings account with the contract running until your child is 18, with the contract renewed every year to save you precious time
  • You can receive your child allowance directly into your children’s savings account
  • Earn interest annually and it can be credited to different accounts at your discretion
Categories
“Golden coin” children's saving

Terms and conditions

Terms

 MNT USD EUR CNY

JPY

Annual Interest rates

 14.00% 4.00% 3.60% 4.00%

3.30%

Interest rate upon early termination of contract /annual/

 2.0%-4.8% 1.20% 0.60% 0.60%

0.60%

Minimum deposit

 10,000 10 10 100

1,000

Interest payments

Per annum

Account opening fee

Free

Savings book

Free
Tenor

Contract expiry is 12 months and it can be renewed every year, up until your children is up to the age of 18.
Categories
“Golden coin” children's saving

Fees and charges

Other current and saving account fees

Categories
“Golden coin” children's saving

Eligibility or required documents

  • Customer application form /download here/;
  • An original copy of your child’s birth certificate;
  • Documents required for parents or legal guardians of the child:
    • For Mongolian citizens: Citizens ID card;
    • For Foreign citizens: Passport and certificate of alien registration.
Categories
Valuables

Employees:

We will create the most favorable working environment for employees, support them in every possible way, and provide opportunities for their development by implementing a human resources policy that will provide our employees with satisfaction, stability and high productivity.