There are 16 different currencies that we open accounts for free in our bank
Document required
| Mongolian citizen | Foreign citizen |
|
|
MNT
USD
EUR
CHF
GBP
RUB
KRW
CNY
JPY
CAD
AUD
NZD
HKD
SGD
SEK
TRY
THBMONGOLIAN TUGRIK/ MNT
|
Open a current account |
Free of charge |
|
|
Minimum balance requirement |
No minimum balance requirement |
*In case of connecting Britto U-money classic card, the minimum balance is 5,000 MNT |
|
Interest on daily balance of current account (annual) |
18.1 of the Law on "Banks and Authorized Legal Entities on Cash Deposits, Cash Transfers, and Credit Operations". Interest will not be calculated until the notice is received in accordance with the clause. |
*There is no interest on prepaid card account |
|
Cash withdrawal from account |
300-500 MNT |
The fee for transactions up to 5 million MNT is 300 MNT, and the fee for transactions over 5 million MNT is 500 MNT. |
|
Cash deposit into account |
Free of charge |
|
|
Account Fee (Monthly) |
Free |
|
|
Close a current account |
Free |
Temporarily inactive and suspended accounts - 200 MNT |
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
UNITED STATES DOLLAR/USD
|
Open a current account |
Free of charge |
|
|
Minimum balance requirement |
10 USD |
*There is no minimum balance when connecting a physical card other than Britto U-money classic card |
|
Interest on daily balance of current account (annual) |
18.1 of the Law on "Banks and Authorized Legal Entities on Cash Deposits, Cash Transfers, and Credit Operations". Interest will not be calculated until the notice is received in accordance with the clause. |
*There is no interest on prepaid card account |
|
Cash withdrawal from account |
0.5% (min 0.01 USD) |
|
|
Cash deposit into account |
Free of charge |
|
|
Account Fee (Monthly) |
Active account - no fees |
Temporarily inactive and suspended accounts - 200 MNT |
|
Close a current account |
3000 MNT or its equivalent in that currency |
|
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
EUROPIAN/EUR
|
Open a current account |
Free of charge |
|
|
Minimum balance requirement |
10 EUR |
There is no minimum balance when connecting a physical card other than Britto U-money classic card |
|
Interest on daily balance of current account (annual) |
18.1 of the Law on "Banks and Authorized Legal Entities on Cash Deposits, Cash Transfers, and Credit Operations". Interest will not be calculated until the notice is received in accordance with the clause. |
*There is no interest on prepaid card account |
|
Cash withdrawal from account |
0.4 % (min 0.01 EUR) |
|
|
Cash deposit into account |
Free of charge |
|
|
Account Fee (Monthly) |
Active account - no fees |
Temporarily inactive and suspended accounts - 200 MNT |
|
Close a current account |
3000 MNT or its equivalent in that currency |
|
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT or its equivalent in that currency |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
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 |
0.4% |
|
|
Account Fee (Monthly) |
Active account - no fees |
Temporarily inactive and suspended accounts - 200 MNT |
|
Close a current account |
3000 MNT or its equivalent in that currency |
|
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT or its equivalent in that currency |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
POUND STERLING/GBP
|
Open a current account |
Free of charge |
|
|
Minimum balance requirement |
10 GBP |
|
|
Interest on daily balance of current account (annual) |
No interest |
|
|
Cash withdrawal from account |
0.4 % (min 0.01 GBP) |
|
|
Cash deposit into account |
Free of charge |
|
|
Account Fee (Monthly) |
Active account - no fees |
Temporarily inactive and suspended accounts - 200 MNT |
|
Close a current account |
3000 MNT or its equivalent in that currency |
|
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT or its equivalent in that currency |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
RUSSIAN RUBLE-RUB
|
Open a current account |
Free of charge |
|
Minimum balance requirement |
500 RUB |
|
Interest on daily balance of current account (annual) |
No interest |
|
Cash withdrawal from account |
1.25% |
|
Cash deposit into account |
5.0% |
|
Maintenance fee for current account |
Free |
|
Close a current account |
Free |
SOUTH KOREAN WON / KRW
|
Open a current account |
Free of charge |
|
|
Minimum balance requirement |
10 000 KRW |
|
|
Interest on daily balance of current account (annual) |
No interest |
|
|
Cash withdrawal from account |
0.3 % (min 0.01 KRW) |
|
|
Cash deposit into account |
3.5% |
|
|
Account Fee (Monthly) |
Active account - no fees |
Temporarily inactive and suspended accounts - 200 MNT |
|
Close a current account |
3000 MNT or its equivalent in that currency |
|
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT or its equivalent in that currency |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
CHINESE YUAN / CNY
|
Open a current account |
Free of charge |
|
|
Minimum balance requirement |
50 CNY |
|
|
Interest on daily balance of current account (annual) |
No interest |
|
|
Cash withdrawal from account |
0.4% (min 0.01 CNY) |
|
|
Cash deposit into account |
Free of charge |
|
|
Account Fee (Monthly) |
Active account - no fees |
Temporarily inactive and suspended accounts - 200 MNT |
|
Close a current account |
Free |
|
|
Close a current account |
3000 MNT or its equivalent in that currency |
|
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT or its equivalent in that currency |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
JAPANESE YEN / JPY
|
Open a current account |
Free of charge |
|
|
Minimum balance requirement |
1 000 JPY |
|
|
Interest on daily balance of current account (annual) |
No interest |
|
|
Cash withdrawal from account |
0.4 % (min 0.01 JPY) |
|
|
Cash deposit into account |
0.3% |
|
|
Account Fee (Monthly) |
Active account - no fees |
Temporarily inactive and suspended accounts - 200 MNT |
|
Close a current account |
3000 MNT or its equivalent in that currency |
|
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT or its equivalent in that currency |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
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 |
0.4 % (min 0.01 CAD) |
|
|
Cash deposit into account |
0.4% |
|
|
Account Fee (Monthly) |
Active account - no fees |
Temporarily inactive and suspended accounts - 200 MNT |
|
Close a current account |
3000 MNT or its equivalent in that currency |
|
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT or its equivalent in that currency |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
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 |
0.4 % (min 0.01 AUD) |
|
|
Cash deposit into account |
0.4% |
|
|
Account Fee (Monthly) |
Active account - no fees |
Temporarily inactive and suspended accounts - 200 MNT |
|
Close a current account |
3000 MNT or its equivalent in that currency |
|
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT or its equivalent in that currency |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
NEW ZELAND 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 |
0.4% (min 0.01 NZD) |
|
|
Cash deposit into account |
0.4% |
|
|
Account Fee (Monthly) |
Active account - no fees |
Temporarily inactive and suspended accounts - 200 MNT |
|
Close a current account |
3000 MNT or its equivalent in that currency |
|
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT or its equivalent in that currency |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
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 |
0.4 % (min 0.01 HKD) |
|
|
Cash deposit into account |
0.4% |
|
|
Account Fee (Monthly) |
Active account - no fees |
Temporarily inactive and suspended accounts - 200 MNT |
|
Close a current account |
3000 MNT or its equivalent in that currency |
|
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT or its equivalent in that currency |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
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 |
0.4 % (min 0.01 SGD) |
|
|
Cash deposit into account |
0.4% |
|
|
Account Fee (Monthly) |
Active account - no fees |
Temporarily inactive and suspended accounts - 200 MNT |
|
Close a current account |
3000 MNT or its equivalent in that currency |
|
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT or its equivalent in that currency |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
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 |
0.8% |
|
|
Account Fee (Monthly) |
Active account - no fees |
Temporarily inactive and suspended accounts - 200 MNT |
|
Close a current account |
3000 MNT or its equivalent in that currency |
|
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT or its equivalent in that currency |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
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% |
|
|
Account Fee (Monthly) |
Active account - no fees |
Temporarily inactive and suspended accounts - 200 MNT |
|
Close a current account |
3000 MNT or its equivalent in that currency |
|
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT or its equivalent in that currency |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
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% |
|
|
Account Fee (Monthly) |
Active account - no fees |
Temporarily inactive and suspended accounts - 200 MNT |
|
Close a current account |
3000 MNT or its equivalent in that currency |
|
|
Making non-cash transfer transactions between TDBank accounts |
200 MNT or its equivalent in that currency |
*The above fee applies to branch transactions or only to transactions made according to the internal transfer form provided by the customer. *The above fee does not apply in case of transactions between e-banking and branch accounts in your own name. |
Documents required:
|
Mongolian citizen |
Foreign citizen |
|
|
|
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.
|
|
MNT USD EUR CHF GBP RUB KRW CNY JPY CAD AUD NZD HKD SGD SEK TRYMONGOLIAN 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 |
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 |
0.3% (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 |
|
SWISS FRANC / 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 |
|
POUND STERLING / 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 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 |
1.25% (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 |
|
KOREAN WON / 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 |
|
CHINESE YUAN / 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 |
|
JAPANESE YEN / 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 |
|
CANADIAN DOLLAR / 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 |
|
AUSTRALIAN DOLLAR / 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 |
|
NEW ZEALAND DOLLAR / 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 |
|
HONGKONG DOLLAR / 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 |
|
SINGAPORE DOLLAR / 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 |
|
SWEDISH KRONA / 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 |
|
TURKISH LIRA / 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 |
|
|
Open a current account |
Free of charge |
|
Minimum balancerequirement |
Not available |
|
Interest on daily balance of current account (annual) |
No interest |
|
Cash withdrawal from account |
Free of charge |
|
Cash deposit into account |
Free of charge |
|
Maintenance fee for current account |
Free of charge |
|
Close a current account |
Free of charge |
Take the bonus of herder's encouragement which will be distributed from Mongolian government to domestic producers of sheep's wool households
|
Open a current account |
Free of charge |
|
Minimum balancerequirement |
Not available |
|
Interest on daily balance of current account (annual) |
No interest |
|
Cash withdrawal from account |
Free of charge |
|
Cash deposit into account |
Free of charge |
|
Maintenance fee for current account |
Free of charge |
|
Close a current account |
Free of charge |
