Interest
Currency | MNT
/interest rate annual/
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USD
/interest rate annual/ |
CNY
/interest rate annual/ |
EUR
/interest rate annual/ |
JPY
/interest rate annual/ |
GBP
/interest rate annual/ |
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Minimum balance requirement | 10,000 MNT | 10 USD | 50 CNY | 10 EUR | 1000 JPY | 5 GBP | ||
1 month | 8.00% | – | – | – | – | – | ||
2 month | 8.50% | – | – | – | – | – | ||
3 month | 9.50% | 2.00% | 1.10% | 1.20% | – | 0% | ||
6 month | 10.50% | 2.20% | 1.30% | 1.40% | – | – | ||
9 month | 11.00% | 2.60% | 1.50% | – | – | – | ||
12 month | 12.40% | 3.20% | 1.70% | – | 1.80% | – | ||
18 month | 12.50% | 3.20% | – | – | – | – | ||
24 month | 12.80% | 3.20% | – | – | – | – | ||
Penalty rate* | ||||||||
Saved for 0-6 months | 2.40% | 0.20% | 0.20% | 0-3 month 0.01% | 0.01% | 0.01%** | ||
4-6 month 0.30% | ||||||||
Saved for more than 7 months | 2.40% | 0.50% | 0.40% | – | 0.03% | – |
*Publicly announced interests can be increased by up to *3.5% *for the customers with stable relationship in case of extension and new account opening, in accordance with decision of the Banking relative units.
Fees and commissions *Depending on saved duration, fixed penalty rates are payable on pre-mature withdrawals or account closing.
To open new account | Free of charge | |
Savings book fee | Free of charge | |
Savings book fee if the old one is full | Free of charge | |
Savings book replacement fee | 3000 MNT /Equivalent/ | |
To close an account |
Digital channel: 1,000 MNT /Equivalent/
Branch: 3,000 MNT /Equivalent/ |
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Cash deposit |
MNT, USD – Free of charge |
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Non cash deposit | MNT | Free of charge |
USD |
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CNY |
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Other currency |
Press here | |
Cash transaction /MNT/ |
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Noncash transfer |
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