Corporate

Available in 9 different currencies

Choose your preferred account number

No account opening fee

Terms and conditions
ConditionsMNTUSDCNYEUROKRWJPYGBRRUBHKD
Minimum balance20,000201002020,0002,00020500100
Interest (annual)0.00% 
Monthly fee2,000Currency equivalent to 1 USD 
Open accountNo fee 
Close account*By cash 5,000 mnt By non-cash 3,000 mntIn other currency equivalent to MNT 

 


Fees and commissions
TYPESERVICECURRENCY
MNTUSDCNYEURKRWJPYGBPRUBHKD
Income transactionCash transactionNo feeNo fee (1-20 USD bill 1.5%)No fee1.50%No fee2.00%Non-cash transaction 
Non-cash transactionNo fee
Withdrawal transactionWithdrawal transaction2000.4%0.4%0.3%0.4%0.3%0.4%1.50%Non-cash transaction 
Interbank transaction200 MNT for up to 5,000,000 MNT transactionsIn other currency equivalent to 0.5 USD
Interbank transaction500 MNT for above 5,000,001 MNT transactions
Transaction within the Bogd bankTo your account(online bank )No fee
To other account(online bank )100 MNTIn other currency equivalent to MNT 100
Account statementsStatements 
5,000 MNT
If the account was opened within the last 14 days or if the account co-owner was added40,000 MNT
If additional information was added due to the customer requestStandard statement fee + 15,000 MNT
Account statement (Per sheet)100 MNT

*USD bills that is outdated or in poor condition will not be accepted for processing. 

Required documents
  • Formal request to open an account;
  • Copy of State Registration Certificate /Notarized/;
  • Copy of charter of the company /Notarized/;
  • Authorized signature card of applicant /Notarized/;
  • Copy of ID card of the authorized person to dispose with an account;
Current account Current account with hierarchical rate ESCROW account Temporary current account
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