In order to make cash and non-cash transactions and to take advantage of other services offered by TDB, you need a current account.
Benefits:
To Apply:
Which documents to bring to apply for corporate current account?
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 |
20,000 MNT |
|
|
Interest on daily balance of current account (annual) |
10 million MNT – up to 100 million MNT 1.2% 100 million MNT or above 2.0% |
|
|
Cash withdrawal from account |
Free of charge |
|
|
Cash deposit into account |
Free of charge |
|
| 100 MNT (Cash deposit to account of Tax, Social security and other Government institutions) | ||
| 300 MNT (Payment of car diagnostics and State stamp duty) | ||
|
Bill payments |
1000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT(monthly) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT |
|
*For customers who have built financially stable relationship with the bank, the interest rate charged on the current account can be increased up to 3.0% under permission of head of relevant department and unit.
UNITED STATES DOLLAR / USD
|
Open a current account |
Free of charge |
|
|
Minimum balance requirement |
20 USD |
|
|
Interest on daily balance of current account (annual) |
1% |
Account balance 10 thousand USD or over |
|
Cash withdrawal from account |
0.3% (min 0.01 USD) |
|
|
Cash deposit into account |
Free of charge |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT (equivalent amount in USD) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT (equivalent amount in USD) |
EUROPIAN / EUR
|
Open a current account |
Free of charge |
|
|
Minimum balance requirement |
20 EUR |
|
|
Interest on daily balance of current account (annual) |
No interest |
|
|
Cash withdrawal from account |
0.3% |
|
|
Cash deposit into account |
Free of charge |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT(equivalent amount in EUR) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT(equivalent amount in EUR) |
|
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 |
0.3% |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT (equivalent amount in CHF) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT (equivalent amount in CHF) |
|
POUND STERLING / GBP
|
Open a current account |
Free of charge |
|
|
Minimum balance requirement |
20 GBP |
|
|
Interest on daily balance of current account (annual) |
No interest |
|
|
Cash withdrawal from account |
0.3% |
|
|
Cash deposit into account |
Free of charge |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT (equivalent amount in GBP) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT (equivalent amount in GBP) |
|
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% |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT (equivalent amount in RUB) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT (equivalent amount in RUB) |
|
SOUTH KOREAN WON / KRW
|
Open a current account |
Free of charge |
|
|
Minimum balance requirement |
20,000 KRW |
|
|
Interest on daily balance of current account (annual) |
No interest |
|
|
Cash withdrawal from account |
0.3% (min 0.001 KRW) |
|
|
Cash deposit into account |
3.5% |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT (equivalent amount in KRW) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT (equivalent amount in KRW) |
|
CHINESE YUAN / CNY
|
Open a current account |
Free of charge |
|
|
Minimum balance requirement |
100 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 |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT (equivalent amount in CNY) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT (equivalent amount in CNY) |
|
|
Transfer within TDB account |
0.5 US Dollar (equivalent amount in CNY) |
|
JAPANESE YEN / JPY
|
Open a current account |
Free of charge |
|
|
Minimum balance requirement |
2 000 JPY |
|
|
Interest on daily balance of current account (annual) |
No interest |
|
|
Cash withdrawal from account |
0.3% |
|
|
Cash deposit into account |
0.2% |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT (equivalent amount in JPY) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT (equivalent amount in JPY) |
|
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 |
0.3% |
|
|
Cash deposit into account |
0.3% |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT (equivalent amount in CAD) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT (equivalent amount in CAD) |
|
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 |
0.3% |
|
|
Cash deposit into account |
0.3% |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT (equivalent amount in AUD) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT (equivalent amount in AUD) |
|
NEW ZEALAND 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 |
0.3% |
|
|
Cash deposit into account |
0.3% |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT (equivalent amount in NZD) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT (equivalent amount in NZD) |
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 |
0.3% |
|
|
Cash deposit into account |
0.3% |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT (equivalent amount in HKD) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT (equivalent amount in HKD) |
|
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% |
|
|
Cash deposit into account |
0.4% |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT (equivalent amount in SGD) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT (equivalent amount in SGD) |
|
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 |
3.0% |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT (equivalent amount in SEK) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT (equivalent amount in SEK) |
|
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% |
|
|
Cash deposit into account |
1.0% |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT (equivalent amount in TRY) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT (equivalent amount in TRY) |
|
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% |
|
|
Cash deposit into account |
2.0% |
|
|
Bill payments |
1,000 MNT |
Each transaction |
|
Corporate expenditure checkbook |
4,000 MNT |
|
|
Maintenance fee for current account |
1,000 MNT (equivalent amount in THB) |
Automatically deducted from account |
|
Close a current account |
3,000 MNT (equivalent amount in THB) |
|
TDB is offering a Corporate Saving service to help you earn more by depositing your temporarily excess money into a bank account.
| Term and Interest | Minimum balance | Pre-mature withdrawals (annual) | ||||||||
| 1 month | 2 months | 3 months | 6 months | 9 months | 12 months | 18 months | 24 months | |||
| MNT | 8.20% | 8.70% | 9.70% | 10.70% | 11.20% | 12.50% | 12.70% | 13.00% | MNT 10,000,000 | 2.40% |
| USD | - | - | 1.8% | 2.0% | 2.4% | 3.0% | 3.1% | - | USD 5,000 | 0.5% |
| CNY | - | - | 1.2% | 1.4% | 1.6% | 1.8% | - | - | CNY 30,000 | 0.5% |
| EUR | - | - | 1.20% | 1.40% | 1.50% | 1.70% | - | - | EUR 1,000 | 0.2% |
*The final amount depends on time and terms
** Penalty interests payable on pre-mature withdrawals or payments from time deposit account (annual) – 2.40%
*** For customers who have built financially stable relationship with the bank, up to 3.0 percent/p.a/ can be added to publicly announced interest rate on term deposit that is newly opened or extended with minimum balance of 50 million MNT /50,000 USD/ in Ulaanbaatar or 20 million MNT /20,000 USD/ in rural area under permission of head of relevant department and unit.
The service is available through all branches of TDB.
Nominal amount of certificate:
MNT USD|
20,000,000 MNT |
30,000,000 MNT |
50,000,000 MNT |
100,000,000 MNT |
300,000,000 MNT |
500,000,000 MNT |
1,000,000,000 MNT |
1,500,000,000 MNT |
| Term | 3 months | 6 months | 12 months |
| Annual interest | 9.80% | 10.80% | 12.60% |
* For customers who have built financially stable relationship with the bank, up to 3.0 percent/p.a/ can be added to publicly announced interest rate on term deposit that is newly opened or extended with minimum balance of 50 million MNT /50,000 USD/ in Ulaanbaatar or 20 million MNT /20,000 USD/ in rural area under permission of head of relevant department and unit.
|
20,000 USD |
30,000 USD |
50,000 USD |
100,000 USD |
150,000 USD |
200,000 USD |
| Term | 3 months | 6 months | 12 months |
| Annual interest | 1.90% | 2.10% | 3.10% |
|
Mongolian citizen
|
Foreign citizen
|
Deposit box located in Enkhtaivan branch
|
Size of box: |
Fee per day /MNT/ |
||
|
Length |
Width |
Height |
|
|
60 cm |
29.8 cm |
7.6 cm |
300 |
|
13.9 cm |
400 |
||
|
23.4 cm |
500 |
||
|
35.1 cm |
900 |
||
|
70.6 cm |
1 000 |
||
Address: Sukhbaatar district, Jamiyan gun st - 12, Grand Office
Deposit box located in Central Square branch
| Size of box: |
Fee per day /MNT/ |
||
|
Length |
Width |
Height |
|
|
54 cm |
11 cm |
6.5 cm |
150 |
|
11 сm |
200 |
||
|
24 cm |
6.5 cm |
250 |
|
|
11 cm |
300 |
||
|
26 cm |
40 cm |
700 |
|
Address: Chingeltei District, Sukhbaatars Square, 11
Deposit for the key of safe deposit box 60,000 MNT
Lost key charge 60,000 MNT
Safety warning:
In order to guarantee the absolute security of your and others’ valuables, you are kindly requested not to keep any flammable materials, explosives, etc. in the deposit boxes.
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 |
0.25% |
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 |
|
We offer employer incentive and savings services for your organization, which provide an opportunity to reward valuable and active employees of your organization.
MONGOLIAN TUGRIK / MNT USA DOLLARS / USD|
NO FEE Account opening fee |
NO SAVING BOOK Saving book's fee |
10,000 MNT Minimum balance |
|
NO FEE Cash deposit |
NO FEE Non-cash deposit transaction |
1,000 MNT Account closure fee |
|
|
||
|
|
Duration |
||||
|
|
6 months |
9 months |
12 months |
24 months |
|
|
MNT |
Monthly interest |
0.89% |
0.93% |
1.04% |
1.08% |
|
Annual interest |
10.70% |
11.20% |
12.50% |
13.00% |
|
*For customers who have built financially stable relationship with the bank, up to MNT-2.0 percent/p.a/, other currency-1.0 percent/p.a/ can be added to publicly announced interest rate on 3 to 24 months of term deposit that is newly opened or extended with minimum balance of 50 million MNT /50,000 USD/ in Ulaanbaatar or 20 million MNT /20,000 USD/ in rural area under permission of head of relevant department and unit
|
NO FEE Account opening fee |
NO SAVING BOOK Saving book's fee |
10,000 MNT Minimum balance |
|
NO FEE Cash deposit |
0.5% Cash withdrawal from account NO FEE Non-cash deposit transaction |
1,000 MNT Данс хаах |
|
|
Duration |
||||
|
|
6 months |
9 months |
12 months |
24 months |
|
|
USD |
Monthly interest |
0.17% |
0.20% |
0.25% |
0.27% |
|
Annual interest |
2.00% |
2.40% |
3.00% |
3.20% |
|
*For customers who have built financially stable relationship with the bank, up to MNT-1.5 percent/p.a/, other currency-1.0 percent/p.a/ can be added to publicly announced interest rate on 3 to 24 months of term deposit that is newly opened or extended with minimum balance of 50 million MNT /50,000 USD/ in Ulaanbaatar or 20 million MNT /20,000 USD/ in rural area under permission of head of relevant department and unit
An employee who receives his or her salary through a Trade and Development Bank, has an option to open savings account with the highest interest rate. In order to earn the highest interest rate, employees need to sign up for a monthly automatic transfer payment of 20,000 MNT out of their paycheck into their savings account which would increase their savings regularly.
Interest rate is calculated based on end of day balance in savings accounts.
|
NO FEE Account opening fee |
NO SAVING BOOK Saving book's fee |
NONE Minimum balance |
|
NO FEE Cash deposit |
NO FEE Non-cash deposit transaction |
1,000 MNT Account closure fee |
|
|
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|
|
End of day balance |
Term |
Annual interest |
|
MNT |
0 – 500 000.00 |
12 months |
Saving's interest (annual) 12 months |
|
500 000.01 – 1 000 000.00 |
12 months + 0.1% |
||
|
1 000 000.01 – 2 000 000.00 |
12 months + 0.2% |
||
|
2 000 000.01 – 5 000 000.00 |
12 months + 0.3% |
||
|
5 000 000.01 – 10 000 000.00 |
12 months + 0.4% |
||
|
10 000 000.01 – up |
12 months + 0.5% |
As for some instances, organizations can have a surplus of cash depending on their cashflow, Trade and Development Bank of Mongolia would like to suggest you to deposit the large amount of funds in your current account into a PREPAID INTEREST DEPOSIT account if you wish to earn a high interest rate for a certain period of time while receiving the accumulated interest in advance every month.
However, please kindly note that customers would be unable to deposit additional funds to the account, withdraw funds from the account or terminate the agreement during the term of the agreement.
|
|
Term and Interest |
Minimum balance |
Pre-mature withdrawals (annual) |
|||||
|
3 months |
6 months |
9 months |
12 months |
18 months |
24 months |
|||
|
MNT |
9.40% |
10.40% |
10.80% |
11.60% |
11.70% |
11.80% |
10,000,000 MNT |
2.4% |
|
USD |
1.70% |
1.90% |
2.25% |
2.60% |
- |
5,000 USD |
0.5% |
|
*For customers who have built financially stable relationship with the bank, up to 3.0 percent/p.a/ can be added to publicly announced interest rate on 3 to 24 months of term deposit that is newly opened or extended with minimum balance of 50 million MNT /50,000 USD/ in Ulaanbaatar or 20 million MNT /20,000 USD/ in rural area under permission of head of relevant department and unit
