|Up to USD 5,000||20,000 MNT||USD 30||0.1% from the remitted amount
Minimum USD 50
|USD 5,000.01 – 100,000||30,000 MNT|
|More than USD 100,000.01||40,000 MNT|
|Chinese yuan||Up to CNY 50,000||5,000 MNT||CNY 100||–|
|CNY 50,000.01-100,000||10,000 MNT|
|More than CNY 100,000.01||20,000 MNT||CNY 200|
|Euro||Up to EUR 5,000||15,000 MNT||
|EUR 5,000.01-100,000||25,000 MNT|
|More than EUR 100,000.01||35,000 MNT|
|Japanese yen***||15,000 MNT||To correspondent banks:
To other banks:
|British pound||15,000 MNT||GBP 15||–|
|Switzerland franc***||15,000 MNT||CHF 15|
|Korean won***||15,000 MNT||KRW 20 000|
|Russian ruble***||15,000 MNT||No fees|
|Australian dollar***||15,000 MNT||AUD 30|
|Canadian dollar***||15,000 MNT||CAD 20|
|Hong Kong dollar***||25,000 MNT||HKD 200|
|Singapore dollar***||25,000 MNT||SGD 30|
|New Zealand dollar***||25,000 MNT||NZD 30|
|Turkish lira***||20,000 MNT||TRY 250|
*OUR: The remitter is responsible for the first intermediary bank charges only.
**G-OUR:The remitter is responsible for all intermediary bank charges.
***Additional fee shall be charged to the transfer of cash deposit by following currencies.
|AUD, CAD, SGD, HKD, NZD||0.60%|
|Other currencies||Free of charge|
You can receive international payments to your Golomt bank’s current, savings, and card accounts, in the following 14 currencies:
USD – CNY – EUR – JPY – KRW – RUB – GBP – CHF – AUD – CAD – SGD – HKD – PLN – TRY
We suggest you to receive your international payment with the similar currency as your current or savings account, to avoid exchange rate risk.
In order to avoid any delay of your transaction, please ensure to instruct your ordering customer to provide correct and full detailed information.
When receiving an international payment, following fees are charged.
Golomt bank SWIFT code: GLMTMNUB
|Cash withdrawals or depositing into Savings accounts||USD||0.30%|
|To current and card accounts||Free of charge|
|Inbound payment cancellation||
|1||How many days does it take for a foreign transfer to be credited to the beneficiary’s account?||Foreign remittances are sent in 1-3 working days through the correspondent bank or the transmitting bank. Depending on the recipient’s bank, it is transferred to the customer’s account in different periods.|
|2||Is it possible to make foreign transfers on weekends?||Please note that weekend transactions are transferred the next business day. Clients can make transactions through the following channels. It includes:
|3||What is IBAN number?||IBAN stands for International Bank Account Number and contains important information such as the customer’s bank, country and account number. Bank accounts in a total of 73 European countries have switched to IBAN, and transactions to these countries require the recipient’s account to be an IBAN.|
|4||Is it possible to track the status of foreign remittances?||Clients can monitor the status of foreign transfers through Internet banking or by showing their transaction receipt at nearest branch of Golomt bank.|
|5||In what cases are foreign remittance take too long to transfer into beneficiary’s account?||The following factors are responsible for the late arrival of your foreign transfer to the beneficiary. It includes:
|6||Can a foreigner transfer money to a foreign country?||Every registered client of Golomt Bank can transfer money to foreign countries.|
|7||Are there any considerations when transacting to a foreign country?||Please note the following depending on the country of remittance.
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