Values

  • Easy account opening process;
  • Secure, reliable;
  • Earn interest income on the stable balance;
  • Currency exchange;
  • Monitor your account accurately and efficiently by using online banking service and smart bank service;
  • Free of charge financial advisory service.

Terms and conditions

Service fees & commissions

MNT

USD
EUR
RUB
CNY
JPY
GBP
CHF
KRwCAD
Minimum amount to open an account
20,000
20
20
250
200
2,000
20
20
25,000
30
Minimum balance for interest
5,000,000
5,000
4,500
350,000
35,000
500,000
4,000
5,000
6,000,000
7,000
Interest rate for stable balance
0.00%



Required documents

Company registered in Mongolia
  • State registration certificate /original copy/;
  • Authorized signature form per each account type /to be certified by notary, the template is provided by the bank/;
  • Approval of Governing body that appointed right to manage funds to the 1st and 2nd authorized person’s signatures;
  • Citizenship ID card and photos /3:4/ of 1st and 2nd authorized person.
Foreign company not registered in Mongolia
  • Official letter requesting to open an account;
  • State registration certificate;
  • Charter of the company in copy;
  • Authorized signature form per each account type /to be certified by notary, the form is provided by the bank/;
  • Copy of passport of the authorized person and photo /3:4/;
  • Other required documents.

Special term current account:

The interest rate for current accounts with stable end-balance is negotiable under special term agreement. More information can be obtained from the Relationship managers of the bank. Tel: 7510-5555.

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