Documents required:
Mongolian citizen |
Foreign citizen |
|
|
Minimum balance
|
Contract fee for the each party
|
Up to 500 million MNT or equivalent amount in other currencies
|
0.1%
minimum 10,000 MNT maximum 100,000 MNT |
More than 500 million MNT or equivalent amount in other currencies
|
Will be subject to an agreement
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In case of using escrow account for transferring payment for loan and prepayment of loan, each party shall bear 20,000 MNT for the fee.
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MONGOLIAN TUGRIK/ MNT
Interest on daily balance of current account (annual) |
No interest |
Cash withdrawal from current account |
Free of charge |
Cash deposit into current account |
Free of charge |
Maintenance fee for current account |
Free of charge |
Close a current account |
Free of charge |