Euromoney, one of the most prestigious award in global banking and finance, has honored Trade and Development Bank with the “Mongolia’s Best Transaction Bank 2025” award under its renowned Best Transaction Bank program. This recognition highlights TDB’s excellence in payment services, reliability, technological advancement, and customer-centric approach at an international level.
Leading Solutions in Transaction Banking
TDB offers Mongolia’s most comprehensive foreign payment services with:
Access to 17 currencies through 89 nostro accounts
Execution of nearly 31.8% of Mongolia’s foreign payments via SWIFT and 97% of money transfers through MoneyGram
These achievements reflect TDB’s strong global network, operational reliability, and customer-focused service.
A New Era of Digital Payments – Apple Pay. Google Pay and Happy Pay
Euromoney emphasized TDB’s innovative initiatives, including:
Apple Pay – Introduced in December 2024 as Mongolia’s first NFC-based payment solution, enabling iPhone users to make secure, fast transactions using Face ID or Touch ID. This marked a major leap in data protection and fraud prevention. By October 2025, 50% of TDB’s iPhone customers actively use Apple Pay, demonstrating strong demand for digital services. Moreever, TDB officially launched on November 18, 2025, offering Android users a secure and convenient payment experience.
Happy Pay – Rolled out in April 2025, this next-generation digital wallet allows customers to manage accounts and cards, access exclusive merchant discounts, and complete everyday payments three times faster. Features include QR-based payments and split billing, setting a new standard for Mongolia’s payment ecosystem.
TDB remains committed to shaping the future of digital banking and fulfilling its promise to elevate Mongolia’s presence on the global financial stage.
TRADE AND DEVELOPMENT BANK OF MONGOLIA