“Child Allowance” deposit
Save the monthly child allowance of your children, distributed from Mongolian government to every child below the age of 18 years, with highest interest rate
X
Interest
Currency MNT Minimum balance requirement 100 MNT Interest rate /annual/ 12.50% Term 12 months Penalty rate* 2.40% * 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 /Equivalent/ To close an account Free of charge Cash deposit Free of charge Cash withdrawal - At Golomtbank Branch – 200 MNT /Equivalent/
Non-cash withdrawal E-bank - 100 MNT /Equivalent/
Interbank - 0-5,000,000 MNT – 200 MNT
- Over 5,000,001 MNT, Foreign currency transaction regardless of the amount – 400 MNT
- Completed current account application form
- You can choose the any following ways to fill out the application at your convenience
- Go to the bank in person and fill out the application
- Children’s birth certificate(child over the age of 16 years must bring the valid ID card)
- Children’s representative person: valid ID card (mother or father, legal custodian, authorized representative)
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