Prepaid interest deposit
The Prepaid interest deposit is a term deposit which allows you to obtain your interest benefits every month on your hand through your Golomt Bank current account.
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Interest
Currency MNT USD Minimum balance requirement 1,000,000 MNT 1,000 USD Interest rate /annual/ 3 months 8.30% 2.00% 6 months 8.90% 2.20% 12 months 11.00% 2.60% Penalty rate* Saved for 0-6 months 2.40% 0.20% Saved for more than 7 months 0.50% * Depending on saved duration, fixed penalty rates are payable on pre-mature withdrawals or account closing.
Fees and commissions
To open an account Free of charge Savings book fee Free of charge Savings book fee if the old one is full Free of charge Savings book fee if the customer has lost the savings book 3,000 MNT To close an account Digital channel: 1,000 MNT /Equivalent/
Branch: 3,000 MNT /Equivalent/Cash deposit - MNT – Free of charge
- USD /1-50 USD bill/ – 0.50%
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Non-cash deposit Free of charge *Publicly announced interests can be increased by up to 4.1% for the customers with stable relationship in case of extension and new account opening, in accordance with decision of the Banking relative units.
- Mongolian citizen: Valid ID card only
- Children under 18: Birth Certificate AND ID card of the child’s legal custodian
- Foreign citizen: Valid passport, Employee reference OR official letter of settlement in Mongolia