
If you prefer to safely deposit a certain amount of your company's funds in a savings account while maintaining the option to spend the earned interest, this is the solution for you. Interest is accrued on a daily basis and the income is added to the account each month.
Feature
- Currency – MNT, USD;
- No account opening and keeping fee;
- No additional deposit nor withdrawals are allowed during contract period;
- Method to calculate interest rate - general;
- Option to receive interest earnings into other account.
Advantages:
- Benefits from loan interest rate discount;
- Competitive interest rates;
- Option to collect interest earnings into any account;
- Option to receive account information by an email;
- In sudden case of funding needs option to apply for favorable interest rate loan covered by deposit without terminating time deposit account;
- Ability to manage accounts 24 hour a day.
Interest rates and fees:
currency | MINIMUM BALANCE REQUIREMENT | annual interest rate | ||||
---|---|---|---|---|---|---|
6 MONTHS | 9 MONTHS | 12 MONTHS | 18 MONTHS | 24 MONTHS | ||
MNT | 2,000,000 | 9.6% | 10.2% | 11.0% | 11.0% | 12.0% |
USD | 2,000 | 1.40% | 1.60% | 1.80% | - | - |
transaction fees and commissions
services | transactions | amount of fees (currencies) | |
---|---|---|---|
mnt | usd | ||
Income transaction | Non-cash income | No fee | |
Cash income | No fee |
account fees and commissions
fees and commissions | currencies |
---|---|
mnt | |
Opening an account | No fee |
Required documents:
- Customer application form /download bank form here/;
- An official request to open an account;
- Official notarized copy of State Registration Certificate;
- Notarized signature of applicant /download bank form/;
- Copy of charter of the company;
- Copy of ID card of the authorized person to dispose with an account.
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