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Нэвтрэх
Corporate
Terms and conditions
ConditionsMNTUSDCNYEUROKRWJPYGBRRUBHKD
Minimum balance20,000201002020,0002,00020500100
Term30 days
Interest (annual)0.00%
Monthly fee2,000Currency equivalent to 1 USD-
Open accountNo fee
Close accountBy cash 5,000 MNT By non-cash 3,000 MNTIn other currency equivalent to MNT
OtherNo deposit and withdrawals in 30 days

Fees and commissions
TYPESERVICECURRENCY
MNTUSDCNYEURKRWJPYGBPRUBHKDTRY
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 USDNon available (Only international payments)
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*USD bills that is outdated or in poor condition will not be accepted for processing.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
  • Legal entities name confirmation sheet
  • Legal entities decision to establish
  • Electronic ID for founders of legal entities
  • Bogd Bank’s customer registration application form. Click HERE to download
  • Bogd Bank’s product and service request form. Click HERE to download
Current account Current account with hierarchical rate ESCROW account Temporary current account
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