Transbank has been establishing correspondent relationships with esteemed foreign financial institutions in order to support our customers’ cross border trades as well as to efficiently settle the customers’ international payments. Within this framework, we are delighted to announce international remittance SWIFT service promotion starting from April 1st till June 30th, 2020.

The promotion is applicable for the following types of customer payments with the Mongolia’s main trading counterparties’ and fully (100%) exempt from the BANK CHARGES and INTERMEDIARY BANK CHARGES.

  • All remittances in EUR;
  • USD and RUB remittances to Russia;
  • RMB remittances to mainland China;
  • USD remittances to South Korea;

Currently, TransBank offers international remittances services in commonly used currencies such as USD, EUR, RUB, CNY, JPY and GBP for a relatively favorable terms, paired with a comprehensive financial services including FXs and trade financings. The bank has recently established correspondent relations with Commerzbank AG and cooperates with other reputable banks from Germany, China and Russia.

As a customer of Transbank, you can make international payments for FREE without any additional costs. If you have any questions regarding the international payment service, please contact the customer service at (976) 7716-9999.

Thank you for banking with us.