Corporate

Earn up to 3.0% interest per annum

Choose your preferred account number

No account opening fee

Terms and conditions
CurrencyMNTUSD
Minimum balance20,00020
Interest (annual)Up to 5 million MNT-0%, 5 million MNT< 50 million MNT-2.6%, More than 50 million MNT-3.0%Up to 10,000 USD-0%, 10,000 USD<50,000 USD-1.0%, More than 50,000 USD-1.2%
Monthly maintenance fee2,000 MNTCurrency 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
TYPE SERVICE CURRENCY
MNT USD CNY EUR KRW JPY GBP RUB HKD
Income transaction Cash transaction No fee No fee
(1-20 USD
bill 1.5%)		 No fee 1.50% No fee 2.00% Non-cash
transaction 
Non-cash
transaction		 No fee
Withdrawal transaction Withdrawal transaction 200 0.4% 0.4% 0.3% 0.4% 0.3% 0.4% 1.50% Non-cash transaction 
Interbank transaction 200 MNT
for up to
5,000,000 MNT
transactions		 In other currency equivalent to 0.5 USD Non available
(Only
international
payments)
Interbank transaction 500 MNT
for above
5,000,001 MNT
transactions
Transaction within the Bogd bank To your account(online bank ) No fee
To other account(online bank ) 100 MNT In other currency equivalent to MNT 100
Account statements Statements  
5,000 MNT
If the account was opened within the last 14 days or if the account co-owner was added 40,000 MNT
If additional information was added due to the customer request Standard 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*USD bills that is outdated or in poor condition will not be accepted for processing.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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