Product terms:

Demand deposit account interest rate /annually/
Without regarding amount MNT USD EUR CNY JPY
Nominal interest rate 7.20% 2.00% 1.20% 1.20% 1.20%
Effective interets rate 7.46% 2.02% 1.21% 1.21% 1.21%
Minimum balance for interest 100,000 MNT 40 USD 35 EUR 300 CNY 4,100 JPY
Minimum balance 10,000 MNT 10 USD 10 EUR 100 CNY 1,000 JPY

Documents required:

  • Mongolian citizen: National registration ID;
  • Foreign citizen: Passport and certificate of alien registration.