Demand savings /Monthly interest/
Demand deposit account has the most variety of currencies, is able to make deposits and withdrawals, and pays interest monthly.
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Interest
Interest Up to 49,999,999 million MNT Over 50 million MNT Interest rate 4.40% 6.40% *Publicly announced interests can be increased by up to 3.0% for the customers with stable relationship in accordance with decision of the Banking relative units.
Fees and commissions
To open new account Free of charge Savings book fee Free of charge Savings book fee if the old one is full Free of charge Savings book replacement fee 3,000 MNT /Equivalent/ To close an account Digital channel: 1,000 MNT /Equivalent/
Branch: 3,000 MNT /Equivalent/Cash deposit Free of charge Non cash deposit Free of charge Cash withdrawal 200 MNT
Noncash withdrawal E-bank – 100 MNT /Equivalent/ Interbank
- 0-5,000,000 MNT – 200 MNT
- Over 5,000,001 MNT – 400 MNT
- Documents:
- Mongolian citizens: Valid ID card only;
- Children under 18: Birth Certificate AND ID card of the child’s legal custodian;
- Foreign citizens: Valid passport, Employee reference letter OR official letter of settlement in Mongolia;
- Minimum opening deposit /as stated in Terms&Conditions table/;
- 1 passport size picture
- Documents:
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