/ Nov 06, 2008

TDB opened a new nostro account in Sweden

TDB is proud to announce, for the first time ever in Mongolia, the opening of a new nostro account with the Nordea Bank AB of Sweden, thus facilitating Swedish Krona (SEK) settlement between the two countries. The bank has so far established correspondent relations with more than 80 banks in the world and has 24 accounts held with foreign banks in 14 different convertible currencies. Having efficiently established the broadest international relationship, TDB is able now to offer to its customers’ international settlement and currency exchange in SEK fast and accurately at lowest cost.
With this new opening of an account in Sweden, TDB confirms its position in the Mongolian banking sector as an “International face of Mongolia”.

Country Corrospondent bank SWIFT code Currency Nostro account

Fees and commissions

Outgoing international remittance
  • SEK
  • 0.05%
    /min 10 USD, max 30 USD/
  • If Swedish Krona payment returns back because of wrong uncompleted information provided by user the fees will be charged from the total amount.
  • Cash deposit to Commercial bank's current account
  • SEK
  • 1 %
    Amendments and cancellations of payment orders upon customer's requests
  • SEK
  • 150 USD

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