- Private banking
- Corporate banking
- China cooperation
Ever since the fastest MoneyGram remittance service with the worldwide network has entered the Mongolian market for the first time, Mongolians have been able to send and receive remittances from anywhere in the world.
On June 14, 2018, the TransBank became the 7th member of MoneyGram from Mongolia in order to deliver the service to its customers and signed a Cooperation Agreement. The signing ceremony was held in TDB’s ceremony hall and M.Otgonbayar, Chief Executive Director of TransBank and L.Soronzonbold, Deputy Chief Executive Officer of TDB signed the agreement on behalf of their banks.
Furthermore, on June 18, the ribbon cutting ceremony for MoneyGram service opening was held in the settlement office on the 6th floor of Shangri-La office, and the other events were successfully organized at the Corporate office in Shangri-La office. M.Otgonbayar, Chief Executive Officer of TransBank, Ts.Gantulga, Director of Operations Department, Mr. D. Khurelbaatar, Deputy Chief Executive Officer and Chief Financial Officer, Mr. P. Munkhart, Representative of TDB, participated in the ribbon cutting ceremony.
TransBank customers are able to do inward and outward remittances by using MoneyGram service which has fastest and most reliable service in the world with over 350,000 service points in more than 200 countries, 300 branches of 7 banks in Mongolia, ATMs and online banking service that can be done in 10 minutes without filling out any documents.