Certificates of deposit
Golomt Bank’s Certificates of Deposit offers to earn highest interest rate and possible to demise, sell and present.
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Interest
Certificate term MNT USD Interest rate /Annually/ 3 months 9.30% 2.10% 6 months 9.90% 2.30% 12 months 12.20% 3.30% 18 months 12.20% 3.30% Penalty rate* Saved for 0-6 months 2.40% 0.20% Saved for more than 7 months 0.50% * Depending on saved duration, fixed penalty rates are payable on pre-mature withdrawals or account closing.
Fees and commissions
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 MNT 3000 /Equivalent/ 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 *Publicly announced interests can be increased by up to 4.5% for the customers with stable relationship in case of extension and new certificate of deposit opening, in accordance with decision of the Banking relative units.
The following documents must be enclosed along with the application form:
- Identification card (for citizens of Mongolia)
- Birth certificate AND legal custodian ID card (for children under 18)
- Valid passport, Employment letter or official letter of settlement in Mongolia (for foreign citizens)