Current account
We are pleased to offer foreign currency accounts in the following currencies: MNT, USD, CNY, RUB, EUR, GBP, KRW, JPY, AUD, SGD, HKD, NZD, CAD, CHF, TRY, THB with no associated fees.
Service condition
MNT
USD
EUR
CHF
GBP
KRW
CNY
JPY
CAD
AUD
NZD
HKD
SGD
SEK
TRY
THB
MONGOLIAN TUGRIK / MNT
Initial fee for opening a current account | Free of charge |
Minimum balance requirement | 20,000 MNT |
Interest rate on daily balance of current account (annual) | 10 million MNT – up to 100 million MNT 1.2% 100 million MNT or above 2.0% |
Cash withdrawal fee on the account | 300 MNT |
Cash deposit into account | Free of charge |
| 100 MNT (Cash deposit to account of Tax, Social security and other Government institutions) | |
| 300 MNT (Payment of car diagnostics and State stamp duty) | |
Bill payments | 1000 MNT /for each transaction/ |
Corporate expenditure checkbook | 4,000 MNT |
Maintenance fee for current account | 1,000 MNT(monthly) /automatically deducted from account/ |
Fee for closing the current account | 5,000 MNT |
*For customers who have built a financially stable relationship with the bank, the interest rate charged on the current account can be increased up to 3.0% under permission of relevant departments and units.
UNITED STATES DOLLAR / USD
| Open a current account | Free of charge |
| Minimum balance requirement | 20 USD |
| Interest on daily balance of current account (annual) | 1% /account balance 10 thousand USD or over/ |
| Cash withdrawal from account | 0.5% (min 0.01 USD) |
| Cash deposit into account | Free of charge |
| Bill payments | 1,000 MNT /each transaction/ |
| Corporate expenditure checkbook | 4,000 MNT |
| Maintenance fee for current account | 1,000 MNT (equivalent amount in USD) /automatically deducted from account/ |
| Close a current account | 5,000 MNT (equivalent amount in USD) |
EUROPIAN / EUR
| Open a current account | Free of charge |
| Minimum balance requirement | 20 EUR |
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from account | 0.5% (min 0.01 EUR) |
| Cash deposit into account | Free of charge |
| Bill payments | 1,000 MNT /each transaction/ |
| Corporate expenditure checkbook | 4,000 MNT |
| Maintenance fee for current account | 1,000 MNT(equivalent amount in EUR) /automatically deducted from account/ |
| Close a current account | 5,000 MNT(equivalent amount in EUR) |
SWISS FRANC/ CHF
| Open a current account | Free of charge |
| Minimum balance requirement | Not available |
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from account | FREE |
| Cash deposit into account | 0.3% |
| Bill payments | 1,000 MNT /each transaction/ |
| Corporate expenditure checkbook | 4,000 MNT |
| Maintenance fee for current account | 1,000 MNT (equivalent amount in CHF) /automatically deducted from account/ |
| Close a current account | 5,000 MNT (equivalent amount in CHF) |
POUND STERLING / GBP
| Open a current account | Free of charge |
| Minimum balance requirement | 20 GBP |
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from account | 0.5% (min 0.01 GBP) |
| Cash deposit into account | Free of charge |
| Bill payments | 1,000 MNT /each transaction/ |
| Corporate expenditure checkbook | 4,000 MNT |
| Maintenance fee for current account | 1,000 MNT (equivalent amount in GBP) /automatically deducted from account/ |
| Close a current account | 5,000 MNT (equivalent amount in GBP) |
SOUTH KOREAN WON / KRW
| Open a current account | Free of charge |
| Minimum balance requirement | 20,000 KRW |
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from account | 1.0% (min 0.01 KRW) |
| Cash deposit into account | 3.5% |
| Bill payments | 1,000 MNT /each transaction/ |
| Corporate expenditure checkbook | 4,000 MNT |
| Maintenance fee for current account | 1,000 MNT (equivalent amount in KRW) /automatically deducted from account/ |
| Close a current account | 5,000 MNT (equivalent amount in KRW) |
CHINESE YUAN / CNY
| Open a current account | Free of charge |
| Minimum balance requirement | 100 CNY |
| Interest on daily balance of current account (annual) | No Interest |
| Cash withdrawal from account | 0.5% (min 0.01 CNY) |
| Cash deposit into account | Free of charge |
| Bill payments | 1,000 MNT /each transaction/ |
| Corporate expenditure checkbook | 4,000 MNT |
| Maintenance fee for current account | 1,000 MNT (equivalent amount in CNY) /automatically deducted from account/ |
| Close a current account | 5,000 MNT (equivalent amount in CNY) |
| Transfer within TDB account | 0.5 US Dollar (equivalent amount in CNY) |
JAPANESE YEN / JPY
| Open a current account | Free of charge |
| Minimum balance requirement | 2 000 JPY |
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from account | 0.5% (min 0.01 JPY) |
| Cash deposit into account | 0.2% |
| Bill payments | 1,000 MNT /each transaction/ |
| Corporate expenditure checkbook | 4,000 MNT |
| Maintenance fee for current account | 1,000 MNT (equivalent amount in JPY) /automatically deducted from account/ |
| Close a current account | 5,000 MNT (equivalent amount in JPY) |
CANADIAN DOLLAR / CAD
| Open a current account | Free of charge |
| Minimum balance requirement | Not available |
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from account | 0.5% (min 0.01 CAD) |
| Cash deposit into account | 0.3% |
| Bill payments | 1,000 MNT /each transaction/ |
| Corporate expenditure checkbook | 4,000 MNT |
| Maintenance fee for current account | 1,000 MNT (equivalent amount in CAD) /automatically deducted from account/ |
| Close a current account | 5,000 MNT (equivalent amount in CAD) |
AUSTRALIAN DOLLAR / AUD
| Open a current account | Free of charge |
| Minimum balance requirement | Not available |
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from account | 0.5% (min 0.01 AUD) |
| Cash deposit into account | 0.3% |
| Bill payments | 1,000 MNT /each transaction/ |
| Corporate expenditure checkbook | 4,000 MNT |
| Maintenance fee for current account | 1,000 MNT (equivalent amount in AUD) /automatically deducted from account/ |
| Close a current account | 5,000 MNT (equivalent amount in AUD) |
NEW ZEALAND DOLLAR / NZD
| Open a current account | Free of charge |
| Minimum balance requirement | Not available |
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from account | 0.5% (min 0.01 NZD) |
| Cash deposit into account | 0.3% |
| Bill payments | 1,000 MNT /each transaction/ |
| Corporate expenditure checkbook | 4,000 MNT |
| Maintenance fee for current account | 1,000 MNT (equivalent amount in NZD) /automatically deducted from account/ |
| Close a current account | 5,000 MNT (equivalent amount in NZD) |
HONGKONG DOLLAR / HKD
| Open a current account | Free of charge |
| Minimum balance requirement | Not available |
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from account | 0.5% (min 0.01 HKD) |
| Cash deposit into account | 0.3% |
| Bill payments | 1,000 MNT /each transaction/ |
| Corporate expenditure checkbook | 4,000 MNT |
| Maintenance fee for current account | 1,000 MNT (equivalent amount in HKD) /automatically deducted from account/ |
| Close a current account | 5,000 MNT (equivalent amount in HKD) |
SINGAPORE DOLLAR / SGD
| Open a current account | Free of charge |
| Minimum balance requirement | Not available |
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from account | 0.5% (min 0.01 SGD) |
| Cash deposit into account | 0.4% |
| Bill payments | 1,000 MNT /each transaction/ |
| Corporate expenditure checkbook | 4,000 MNT |
| Maintenance fee for current account | 1,000 MNT (equivalent amount in SGD) /automatically deducted from account/ |
| Close a current account | 5,000 MNT (equivalent amount in SGD) |
SWEDISH KRONA / SEK
| Open a current account | Free of charge |
| Minimum balance requirement | Not available |
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from account | FREE |
| Cash deposit into account | 3.0% |
| Bill payments | 1,000 MNT /each transaction/ |
| Corporate expenditure checkbook | 4,000 MNT |
| Maintenance fee for current account | 1,000 MNT (equivalent amount in SEK) /automatically deducted from account/ |
| Close a current account | 5,000 MNT (equivalent amount in SEK) |
TURKISH LIRA / TRY
| Open a current account | Free of charge |
| Minimum balance requirement | Not available |
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from account | 4.0% (min 0.01 TRY) |
| Cash deposit into account | 1.0% |
| Bill payments | 1,000 MNT /each transaction/ |
| Corporate expenditure checkbook | 4,000 MNT |
| Maintenance fee for current account | 1,000 MNT (equivalent amount in TRY) /automatically deducted from account/ |
| Close a current account | 5,000 MNT (equivalent amount in TRY) |
THAILAND BAT / THB
| Open a current account | Free of charge |
| Minimum balance requirement | Not available |
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from account | 1.0% (min 0.01 THB) |
| Cash deposit into account | 2.0% |
| Bill payments | 1,000 MNT /each transaction/ |
| Corporate expenditure checkbook | 4,000 MNT |
| Maintenance fee for current account | 1,000 MNT (equivalent amount in THB) /automatically deducted from account/ |
| Close a current account | 5,000 MNT (equivalent amount in THB) |
Recommended products
It is a debit card that can be used for transactions up to the available balance in the card account for corporate payments.
Trade and Development Bank JSC is offering international remittance service for customers in a fast, safe and efficient way through our correspondence with foreign reputable banks and financial institutions via the ONLINE SWIFT network 24/7.