- Deposit physical Gold as a bar by a floating valuation of XAU denomination
- Safe and risk-free
- Does not charge any withdrawal or transaction fees
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Terms for gold current account (XAU) |
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Account currency |
XAU- Gold /Oz/ |
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Interest rate /annual/ |
In face of the global pandemic COVID-19, no interest will be paid for any type of current accounts, during the implementation of the “Law on Prevention, Control and Reduction of Social and Economic Impact of Coronavirus”. |
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Minimum balance requirement |
– |
The account does not charge any withdrawal or transaction fees.
- Customer application form /download here/;
- An original copy of the “Trading permit” issued by the The Financial regulatory commission /FRC/;
- Documents required:
- For Mongolian citizens: Citizen ID card.
- For foreign citizens: Certificate of Alien Registration Card and Passport Copy.
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Social responsibility:
By developing a competitive business organization, we will work hard to build the well-being of the environment, the environment and our people.
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Benefits
- Can prevent from the potential multilateral issues, misunderstandings and doubts between the parties and cover risks;
- Reliable and safe transfer of the funds by the bank with the consent of the parties who are subject to the terms of the agreement;
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Terms and conditions
| Terms | MNT | USD | EUR | CNY |
JPY |
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On purchase agreements for property and real estate’s sale: |
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Seller |
20,000 | 10 | 10 | 70 |
1,000 |
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Buyer |
20,000 | 10 | 10 | 70 |
1,000 |
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Other: |
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| Seller | 0.1%
/Up to 100,000 MNТ / |
0.1% /Currency equivalent to 100,000 MNT / |
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Buyer |
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Fees and charges
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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;
- Passport and certificate of alien registration;
- Dear client, we inform you that if you are not able to come to the bank in person to open an account and use the bank’s products and services, you can receive these services through a representative based on a power of attorney. A representative (a person authorized by the client) has the right to act on your behalf within the limits of the powers granted by the power of attorney given by you.
CLICK HERE for a list of documents required;
CLICK HERE for a legal authorization form.
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Benefits
- Available in ten (10) major currencies, including Моngolian Tugriks (MNT), USD, EUR, CNY, JPY, RUB, KRW, GBP, SGD and HKD
- Able to make various domestic and international transactions
- Transfer funds easily or receive payments via our online banking service
- Subscribe for an international or domestic debit cards linked to your account
- Foreign exchange, cash deposits and withdrawals available
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Terms and conditions
| Terms | MNT | USD | EUR | CNY | JPY | RUB | KRW | GBP | SGD | HKD |
| Annual interest rate | 3.0%* | 1.2%* | 1.2%* | 1.2%* | 1.2%* | – | – | – | – | – |
| Monthly service fee | No fee | |||||||||
| Account opening fee | No fee | |||||||||
| Minimum balance requirement | 1,000 | 1 | 1 | 5 | 200 | 50 | 1,000 | 1 | 1 | 3 |
| * denotes the maximum interest rate for the product. | ||||||||||
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Fees and charges
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Eligibility or required documents
- Customer application form /download here/;
- Documents required:
-
-
- For Mongolian citizens: Citizen ID card;
- For Foreign citizens: Passport and certificate of alien registration;
-
- Passport and certificate of alien registration;
- Dear client, we inform you that if you are not able to come to the bank in person to open an account and use the bank’s products and services, you can receive these services through a representative based on a power of attorney. A representative (a person authorized by the client) has the right to act on your behalf within the limits of the powers granted by the power of attorney given by you.
CLICK HERE for a list of documents required;
CLICK HERE for a legal authorization form.