The Trade and Development Bank (TDB) of Mongolia was awarded the title of "Best Bank for Remittances Mongolia 2023" by the World Economic Magazine

In 2019, Mongolia was placed on the Financial Action Task Force (FATF) grey list, which resulted in Mongolian commercial banks being excluded from the international US dollar payment system. However, the Trade and Development Bank (TDB) of Mongolia became the first bank in the country to establish a partnership with the top US clearing bank, the Bank of New York Mellon, and successfully opened a nostro account.

In recognition of the achievement of reconnecting Mongolia to the global US dollar payment system, the World Economic Magazine awarded the Trade and Development Bank (TDB) the title of "Best Bank for Remittances Mongolia.