Demand deposit

Interest rate

Demand deposit / MNT

Minimum balance	Monthly interest	Annual interest
Minimum balance	Nominal	Nominal	*Effective
Up to 30,000,000₮	0.30%	3.6%	3.66%
More than 30,000,000₮	0.55%	6.6%	6.8%

The effective rate shows the actual growth of your savings after 1 year.

Fees:
Open an account: No fee	Non-cash deposit transaction: No fee	Cash deposit: No fee	Account fee (monthly): 200 MNT
Saving book's fee: 1,000₮	Minimum balance: 5,000₮	Close an account: 3,000₮

Fees:

Open an account:
No fee

Non-cash deposit transaction:
No fee

Cash deposit:
No fee

*Account fee (monthly):

200 MNT*

Saving book's fee:
1,000₮

Minimum balance:
5,000₮

Close an account:
3,000₮

Non-Cash transactions: A fee of 0.5% (min USD 0.01) is charged when spending non-cash deposited currency in cash.
No fee for internal MNT transfers within the TDB accounts, unless made per the customer's payment order.
No fees for transactions between your own accounts.

*In case the account balance is insufficient, a fee will be imposed for not maintaining the required minimum balance.

Demand deposit / USD

Annual interest
Nominal	*Effective
1.0%	1.005%

The effective rate shows the actual growth of your savings after 1 year.

Fees:
Open an account: No fee	Cash withdrawal: No fee	Cash and Non-cash deposit: No fee	Account fee (monthly): 200 MNT
Saving book's fee: 1,000₮	Minimum balance: 5$	Close an account: 3,000 MNT (equivalent amount USD)	Transfer between TDB accounts: 200₮ (equivalent amount usd)

Fees:

Open an account:
No fee

Cash withdrawal:
No fee

Cash and Non-cash deposit:
No fee

*Account fee (monthly):

200 MNT*

Saving book's fee:
1,000₮

Minimum balance:
5$

Close an account:
3,000 MNT (equivalent amount USD)

Transfer between TDB accounts:
200₮ (equivalent amount usd)

Non-Cash transactions: A fee of 0.5% (min USD 0.01) is charged when spending non-cash deposited currency in cash.
No fee for internal USD transfers within the TDB accounts, unless made per the customer's payment order.
No fees for transactions between your own accounts.

*In case the account balance is insufficient, a fee will be imposed for not maintaining the required minimum balance.

Demand deposit / EUR

Annual interest
Nominal	*Effective
1.0%	1.005%

The effective rate shows the actual growth of your savings after 1 year.

Fees:
Open an account: No fee	Cash withdrawal: No fee	Cash and Non-cash deposit: No fee	Account fee (monthly): 200 MNT
Saving book's fee: 1,000₮	Minimum balance: 5€	Close an account: 3,000 MNT (equivalent amount EUR)	Transfer between TDB accounts: 200₮ (equivalent amount usd)

Fees:

Open an account:
No fee

Cash withdrawal:
No fee

Cash and Non-cash deposit:
No fee

*Account fee (monthly):

200 MNT*

Saving book's fee:
1,000₮

Minimum balance:
5€

Close an account:
3,000 MNT (equivalent amount EUR)

Transfer between TDB accounts:
200₮ (equivalent amount usd)

Non-Cash transactions: A fee of 0.5% (min USD 0.01) is charged when spending non-cash deposited currency in cash.
No fee for internal EUR transfers within the TDB accounts, unless made per the customer's payment order.
No fees for transactions between your own accounts.

*In case the account balance is insufficient, a fee will be imposed for not maintaining the required minimum balance.

Demand deposit / YUAN

Annual interest
Nominal	*Effective
1.0%	1.005%

The effective rate shows the actual growth of your savings after 1 year.

Fees:
Open an account: No fee	Cash withdrawal: No fee	Cash and Non-cash deposit: No fee	Account fee (monthly): 200 MNT
Saving book's fee: 1,000₮	Minimum balance: 50 CNY	Close an account: 3,000 MNT (equivalent amount CNY)	Transfer between TDB accounts: 200₮ (equivalent amount usd)

Fees:

Open an account:
No fee

Cash withdrawal:
No fee

Cash and Non-cash deposit:
No fee

*Account fee (monthly):

200 MNT*

Saving book's fee:
1,000₮

Minimum balance:
50 CNY

Close an account:
3,000 MNT (equivalent amount CNY)

Transfer between TDB accounts:
200₮ (equivalent amount usd)

Non-Cash transactions: A fee of 0.5% (min USD 0.01) is charged when spending non-cash deposited currency in cash.
No fee for internal CNY transfers within the TDB accounts, unless made per the customer's payment order.
No fees for transactions between your own accounts.

*In case the account balance is insufficient, a fee will be imposed for not maintaining the required minimum balance.

Demand deposit / JPY

Annual interest
Nominal	*Effective
1.0%	1.005%

The effective rate shows the actual growth of your savings after 1 year.

Fees:
Open an account: No fee	Cash withdrawal: No fee	Cash and Non-cash deposit: No fee	Account fee (monthly): 200 MNT
Saving book's fee: 1,000₮	Minimum balance: 1,000 JPY	Close an account: 3,000 MNT (equivalent amount JPY)	Transfer between TDB accounts: 200₮ (equivalent amount usd)

Fees:

Open an account:
No fee

Cash withdrawal:
No fee

Cash and Non-cash deposit:
No fee

*Account fee (monthly):

200 MNT*

Saving book's fee:
1,000₮

Minimum balance:
1,000 JPY

Close an account:
3,000 MNT (equivalent amount JPY)

Transfer between TDB accounts:
200₮ (equivalent amount usd)

Non-Cash transactions: A fee of 0.5% (min USD 0.01) is charged when spending non-cash deposited currency in cash.
No fee for internal JPY transfers within the TDB accounts, unless made per the customer's payment order.
No fees for transactions between your own accounts.

*In case the account balance is insufficient, a fee will be imposed for not maintaining the required minimum balance.

Required document

Mongolian citizen

Passport or National ID Card
If the customer's original documents registered with the TDB are unavailable, the ID card obtained at the kiosk can be used as a reference.

Foreign citizen:

Passport
Residence card in Mongolia
- o Not required in case of travel visa
- o Foreign nationals arriving in the context of business are not required if there is a contract or job description confirming the activity

FAQ

You can open a savings account at any branch or settlement center of the Trade Development Bank near you or by using the TDB Online Internet Banking application.

You cannot come to the branch of the Trade and Development Bank in person, and if you do not have TDB Online, you can register for the new TDB Online service through the "Register as a customer" menu on the www.cardcentre.mn website, and after that you can open a savings account through Internet banking.

Our demand deposit account offers monthly interest payments, with no compound interest applied.

Calculator

Би хэдийг хуримтлуулж чадах вэ?

Savings Period

Monthly Contribution