Corporate temporary account

Corporate temporary account

Corporate temporary account is for newly established companies, which are labored to have an account even the company documentation is not complete.
  • Account opening fee No fee
    Minimum residual 4’000 MNT
    Currency MNT, USD, EUR, CNY, JPY, GBP,  CHF, KRW, RUB, AUD, HKD, CAD, SGB
    ​Duration 30 days
    Interest rate 0%
    Monthly fee 1’000 MNT (equal currency)
    Cash income transaction fee
    • AUD, CAD, SGB, HKD –  0.6%,
    • RUB, KRW – 1.5%,
    • CHF – 0.5%, JPY 0.15%,
    • No fee for other currencies
    Non-cash income transaction fee No fee
    Cash or non-cash expenditure transaction Expenditure transaction will be froze during the contract period.
    Account statement
    • 3 000 MNT equal currency
    • 33 000 MNT or equal currency / after 14 days of account opened date/
    Account closing fee 3’000 MNT
    • Verification sheet on company name
    • A decision of founding a new company
    • Citizen ID or Foreign passport of each founder of a new company
    • All founders of a new company shall be personally sign a contract in bank
    • Other materials that bank required

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