Prepaid interest demand deposit
Calculate the interest earned on savings account monthly
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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MNT /equivalent currency/ Cash deposit No fee Non-cash deposit /fee will be transferred back if the non-cash deposit is withdrawn by non-cash/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: - 100 MNT /equivalent currency/
Between banks:
- Up to 3,000,000 MNT – 300 MNT
- More than 3,000,001 MNT , foreign currency transaction regardless of the amount – 400 MNT
Mongolian citizen
- Valid ID card only
Foreign citizen
- Valid passport
- Employee reference OR official letter of settlement in Mongolia
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