Interest
Currency | MNT | USD |
Minimum required balance | 10,000 MNT | 10 USD |
Annual interest rate | No interest* |
*As the Law on the Prevention, Control and Reduction of the Socio-Economic Impact of Coronavirus Infection (COVID-19), article 10.4 of the law states that interest will not be paid for any type of demand deposit account during the pandemic, Golomt Bank will not pay interest on any demand deposit accounts, starting from January 29, 2021, until the end of 30 June 2021.
Fees and commissions
To open an account | No fee | |
Savings book fee | No fee | |
Savings book fee if the old one is full | No fee | |
Savings book fee if the customer has lost the savings book | 3,000 MNT /equivalent currency/ | |
To close an account | 3,000 MNT /equivalent currency/ | |
Cash deposit | No fee | |
Non-cash deposit
/fee will be transferred back if the non-cash deposit is withdrawn by non-cash/
|
No fee | Up to 200,000 MNT – 0.25%
More than 200,000 MNT – 0.20% |
Cash withdrawal | At Golomtbank Branch – 200 MNT /Equivalent/ | |
Non-cash withdrawal | E-Bank:
Between banks:
|
Mongolian citizen
Foreign citizen
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