Escrow account
Open a joint account for settlement with the consent of the seller and the buyer.
Choose escrow account service to be risk-free when buying or selling movable and immovable property and valuables.
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / 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% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / 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 |
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / USD
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% (min 0.01 EUR) 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 |
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / CHF
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | Free of charge 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 |
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / GBP
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% (min 0.01 GBP) 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 |
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / RUB
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 1.25% (min 0.01 RUB) 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 |
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / KRW
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% (min 0.01 KRW) 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 |
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / CNY
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.4% (min 0.01 CNY) 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 |
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / JPY
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% (min 0.01 JPY) 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 |
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / CAD
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% (min 0.01 CAD) 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 |
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / AUD
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% (min 0.01 AUD) 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 |
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / NZD
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% (min 0.01 NZD) 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 |
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / HKD
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% (min 0.01 HKD) 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 |
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / SGD
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 0.3% (min 0.01 SGD) 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 |
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / SEK
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | Free of charge 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 |
Minimum balance | Contract fee for the each party |
Up to 500 million MNT or equivalent amount in other currencies | 0.1% minimum 10,000 MNT maximum 100,000 MNT |
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. . |
Other conditions will be the same as the current account conditions, only in case of non-cash payments, the cash consumption fee will be added.
Escrow account / TRY
Interest on daily balance of current account (annual) | No interest |
Cash withdrawal from current account | 4.0% (min 0.01 TRY) 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 |
Mongolian citizen:
- Valid National Identity Card or valid Foreign Passport
- In case the original documents of the customer registered with the TDB are not available, the reference of the ID card obtained from the kiosk can be used as a reference.
- Agreement between the parties
Foreign citizen:
- Valid foreign passport
- Residence permit in Mongolia
- Not required for travel visas
- It is not necessary if there is a contract or job description confirming the activity of a foreigner who has arrived in the context of business
- Agreement between the parties
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