| Amount | Cut-off time |
|---|---|---|
| Low value transaction | Less and equal to MNT 5,000,000.00 | Real time-24/7 |
| High value transaction | More than MNT 5,000,000.01 | Business days between 09:00 a.m-16:00 p.m |
Service fee:
MNT cash transfer to Treasury Fund | MNT 1,000 | |
MNT cash transfer to domestic banks ( max MNT 3,000,000.00 ) | MNT 2,000 | |
MNT non-cash transfer to domestic banks | Less and equal to MNT 5,000,000.00 | MNT 200 |
More than MNT 5,000,000.01 | MNT 400 | |
Non-cash transfer currency to domestic banks | MNT 3,000 and its equal to currency | |
Resending a returned transaction due to incorrect details will incur the same fee as above. | ||
Important:
- Low value interbank transaction cannot be transferred to card number.
- High value interbank transactions made after 4:00 PM will be transferred on next business day.
- Please make sure that all the payment instruction is correct before transferring interbank transaction.
- Please make sure that you select the correct beneficiary bank when using electronic banking service.
- As payments for goods, works and services are being conducted in only the national currency /tugrik/, in accordance with the law on “Conducting Settlements in National Currency”, we would like to kindly advise our customers to visit branches of the Bank for conducting interbank foreign currency settlements that are not restricted by the law.
- Please note if transactions that used currency conversion is returned by the receiving bank due to discrepancies in beneficiary account information or for any other reason, the funds will be converted back using the exchange rate announced by the Bank on the day of return and credited into the sender’s account.
- Any additional costs resulting from incorrect information will be the responsibility of the sender.
- Transferring transactions inter banks using the recipient's IBAN account number is possible.