Escrow account
We recommend opening an escrow account for a secure, risk-free experience when buying or trading real estate assets, movable assets or other valuable things.
MNT
USD
EUR
CHF
GBP
RUB
KRW
CNY
JPY
CAD
AUD
NZD
HKD
SGD
SEK
TRY
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 |
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% |
More than 500 million MNT or equivalent amount in other currencies | Will be subject to an agreement |
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. | |
UNITED STATES DOLLAR / USD
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from current account | 0.2% /only by non-cash transfer into the escrow account/ |
| Cash deposit into current account | Free of charge |
| Maintenance fee for current account | Free of charge |
| Close a current account | Free of charge |
EURO / EUR
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from current account | 0.25% /only by non-cash transfer into the escrow account/ |
| Cash deposit into current account | Free of charge |
| Maintenance fee for current account | Free of charge |
| Close a current account | Free of charge |
SWISS FRANC / CHF
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% /only by non-cash transfer into the escrow account/ |
Cash deposit into current account | Free of charge |
Maintenance fee for current account | Free of charge |
Close a current account | Free of charge |
POUND STERLING / GBP
| Interest on daily balance of current account (annual) | No interest |
| Cash withdrawal from current account | 0.6% /only by non-cash transfer into the escrow account/ |
| Cash deposit into current account | Free of charges |
| Maintenance fee for current account | Free of charges |
| Close a current account | Free of charges |
RUSSIAN RUBLE - RUB
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 1.5% /only by non-cash transfer into the escrow account/ |
Cash deposit into current account | 1.5% |
Maintenance fee for current account | Free of charge |
Close a current account | Free of charge |
KOREAN WON / KRW
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.1% /only by non-cash transfer into the escrow account/ |
Cash deposit into current account | 1.5% |
Maintenance fee for current account | Free of charge |
Close a current account | Free of charge |
CHINESE YUAN / CNY
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.1% /only by non-cash transfer into the escrow account/ |
Cash deposit into current account | Free of charge |
Maintenance fee for current account | Free of charge |
Close a current account | Free of charge |
JAPANESE YEN / JPY
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% /only by non-cash transfer into the escrow account/ |
Cash deposit into current account | Free of charge |
Maintenance fee for current account | Free of charge |
Close a current account | Free of charge |
CANADIAN DOLLAR / CAD
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% /only by non-cash transfer into the escrow account/ |
Cash deposit into current account | Free of charge |
Maintenance fee for current account | Free of charge |
Close a current account | Free of charge |
AUSTRALIAN DOLLAR / AUD
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% /only by non-cash transfer into the escrow account/ |
Cash deposit into current account | Free of charge |
Maintenance fee for current account | Free of charge |
Close a current account | Free of charge |
NEW ZEALAND DOLLAR / NZD
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% /only by non-cash transfer into the escrow account/ |
Cash deposit into current account | Free of charge |
Maintenance fee for current account | Free of charge |
Close a current account | Free of charge |
HONGKONG DOLLAR / HKD
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% /only by non-cash transfer into the escrow account/ |
Cash deposit into current account | Free of charge |
Maintenance fee for current account | Free of charge |
Close a current account | Free of charge |
SINGAPORE DOLLAR / SGD
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% /only by non-cash transfer into the escrow account/ |
Cash deposit into current account | Free of charge |
Maintenance fee for current account | Free of charge |
Close a current account | Free of charge |
SWEDISH KRONA / SEK
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% /only by non-cash transfer into the escrow account/ |
Cash deposit into current account | Free of charge |
Maintenance fee for current account | Free of charge |
Close a current account | Free of charge |
TURKISH LIRA / TRY
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 3.0% /only by non-cash transfer into the escrow account/ |
Cash deposit into current account | Free of charge |
Maintenance fee for current account | Free of charge |
Close a current account | Free of charge |
Recommended products
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.
