Prepaid interest deposit
The Compound interest deposit is a term deposit which allows you to grow your savings over the long term by earning and crediting interest on your Golomt Bank account balance.
Interest
Currency MNT Minimum balance requirement 1,000,000 MNT Interest rate /annual/ 12 months 12.1% Effective 12.78% Penalty rate* 2.4% Interest payment frequency Monthly 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 3,000 MNT /Equivalent/ Cash deposit - MNT – Free of charge
- USD /1-50 USD bill/ – 0.50% /
Press HERE for more information/
Non-cash deposit Free of charge Cash withdrawal - MNT – 200MNT
- USD-
0.50% + 200 MNT /UB, Darkhan, Erdenet/
0.60% + 200 MNT /Local/
/Press HERE for more information/
Non-cash withdrawal Golomt branch – 100 MNT /equivalent currency/Up to 5,000,000 MNT - Branch ₮500 +₮2,000*
*Applies to the second and subsequent transaction to the same account after 4:30 PM.
On weekends, charges apply starting from the second transaction made to the same account, regardless of the time.- Digital bank and Kiosk: ₮200
More than 5,000,000.01 MNT
- Branch: ₮500
- Digital bank and Kiosk: ₮400
- 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;
- Documents:
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