Terms and conditions of demand accounts |
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Currency |
MNT |
USD |
EUR |
CNY |
JPY |
|
Nominal interest rate |
Up to 99,999,999 MNT/Deposit balance/ |
8.0% |
1.5% |
1.2% |
1.2% |
1.2% |
From 100,000,000 to 499,999,999 MNT/Deposit balance/ |
9.0% |
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More than 500,000,000 MNT/Deposit balance/ |
10.0% |
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Effective interest rate |
Up to 99,999,999 MNT/Deposit balance/ |
8.3% |
1.51% |
1.21% |
1.21% |
1.21% |
From 100,000,000 to 499,999,999 MNT/Deposit balance/ |
9.381% |
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More than 500,000,000 MNT/Deposit balance/ |
10.471% |
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Interest payment |
Monthly
|
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Minimum balance of savings account |
5,000 MNT |
5 USD |
5 EUR |
50 CNY |
500 JPY |
|
Notes: It is a product that allows you to earn interest on your money by debit and credit at any time by opening a demand account. |
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