There are 16 different currencies that we open accounts for free in our bank
Document required
| Mongolian citizen | Foreign citizen |
|
|
MNT
USD
EUR
CHF
GBP
RUB
KRW
CNY
JPY
CAD
AUD
NZD
HKD
SGD
SEK
TRY
THBMONGOLIAN TUGRIK/ MNT
|
Open a current account |
Free of charge |
|
|
Minimum balance requirement |
No minimum balance requirement |
*If the account is linked to international debit card, the minimum balance is 10.000 MNT |
|
Interest on daily balance of current account (annual) |
In face of the global pandemic COVID-19, no interest will be charged until December 31, 2020 during the implementation of the Law on Prevention, Control and Reduction of Social and Economic Impact of Coronavirus Plague. |
*There is no interest on prepaid card account |
|
Cash withdrawal from account |
200 MNT |
|
|
Cash deposit into account |
Free of charge |
|
|
Maintenance fee for current account |
Free |
|
|
Close a current account |
Free |
|
