You can promptly transfer your interbank transaction through Trade and Development bank’s any branch and Electronic banking service.
|
Amount |
Cut-off time |
|
|
High value transaction |
More than 5,000,000 MNT |
Business days between 09:00 a.m-16:00 p.m |
|
Low value transaction |
Less and equal to 5,000,000 MNT |
Real time-24/7 |
Service fee:
|
MNT cash transfer to Treasury Fund |
1,000 MNT |
|
|
MNT cash transfer to domestic banks ( max 3,000,000 MNT) |
2,000 MNT |
|
|
MNT non-cash transfer to domestic banks |
Less and equal to 5,000,000 MNT |
200 MNT |
|
More than 5,000,000 MNT |
400 MNT |
|
|
Non-cash transfer currency to domestic banks |
3,000 MNT and its equal to currency |
|
|
Retransfer the returned transaction due to incorrect details will be charged again with above fee. |
||
Important:
Easy way to make savings
Trade and Development Bank started to provide RECURRING PAYMENT service since 2005 to help customer to save money by using simple and fast transaction.
If you registered this service, we will make transaction for your requested date (day, month, quarter) and amount by automatically.
You can choose recurring payment service for your need.
Requirement:
Government ID
Fee and commission:
|
Register |
No fee |
|
|
Cancel |
No fee |
|
|
Transaction fee (for each) |
to Term deposit |
No fee |
|
Other account |
100 MNT or equal with 100 MNT |
|
HOW TO MAKE HAVING A SAVINGS?
To save-50,000 MNT every month
Savings account annual interest rate -14%
|
After |
Your saving (MNT) |
Bank interest (MNT) |
Total amount in your account (MNT) |
|
1 year |
600,000 |
38,500 |
638,500 |
|
5 years |
3,000,000 |
1,220,551 |
4,220,551 |
|
10 years |
6,000,000 |
6,346,862 |
12,346,862 |
How much will you get after 18 years, if you open a CHILDREN SAVINGS ACCOUNT for your children’s future and take this service?
Annual interest rate - 14.2%
to put every month into the account – 20,000 MNT
4,320,000 MNT (your deposit) + 13,526,864 MNT (bank interest) = 17,846,864 MNT (total amount after 18 years)
Sweep transfer service is one account to another account sweep the balance every day or every week (every half month and every month) as customer request.You can use this service, if you have own business and having an account for centralize your revenue and want to save the revenue to savings account.
Advantage:
You need to come and give a request to the bank one time for taking this sweep service. Once it is registered and it will automatically transferred every day or every week (every month) as your request.
Fees and commission:
|
Service |
Fee (MNT) |
|
Registration |
No |
|
Cancelation |
No |
|
Amendment |
No |
|
Transaction fee |
|
|
100 tugrug, or the equivalent in foreign currency |
|
200 tugrug, or the equivalent in foreign currency |
