Starting April 1, 2025, all commercial banks, as well as government and private financial institutions operating in Mongolia, will switch to the International Bank Account Number (IBAN) standard by international standards. Please note that all customers must use only the IBAN account number for interbank transactions. However, for transactions between TDB accounts, it is not necessary to use an IBAN account number.
IBAN (International Bank Account Number) is a 20-digit customer account number generated according to the ISO13616-1,2 standard that can be used for interbank and international transactions.
Advantages of using IBAN account numbers:
- Easy to check whether the account number is correct.
- Immediately identify which bank account it is.
- Transaction returns due to incorrect accounts will be reduced.
Please check your IBAN account at TDB through the following channels:
- TDB Online Internet Banking /app version/
- TDB Online Internet Banking /web version/
- Bank website: You can check your TDB and other commercial banks’ IBAN account numbers via the link https://www.tdbm.mn/mn/iban-lavlagaa.
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