DEMAND DEPOSIT ACCOUNT /annual interest/
We offer this demand deposit for your daily needs, where you can deposit and make withdrawals anytime and gain interest on your savings.
Advantages
- Make deposits and withdrawals anytime
- Choose currencies that suit your needs
- Open a new account and manage it over Internet bank or 'Arig online' application
- Have an automated transaction service
- Up to 20 million MNT insured by Deposit Insurance Corporation
- Call our 24/7 call center at 7070-1001 to get information and inquiries about your account
Terms
| Currency | Minimum balance | Annual interest rate |
| MNT | 5,000 MNT | 8.0% |
| USD | 5 USD | 1.5% |
| EUR | 5 EUR | 0.0% |
| CNY | 50 CNY | 1.0% |
Fees and commissions
|
Type |
Service |
Currency | |||
| MNT | USD | EUR | CNY | ||
| Income transaction | Cash, non-cash income | - | |||
| Withdrawal transaction | Cash withdrawal* | - | 0.5% | 0.3% | 0.4% |
| Cash transaction |
Interbank transaction /before 16 pm/ |
1,000 MNT | 1,500 MNT | ||
| Interbank transaction /after 16 pm/ | 1,000 MNT | 3,000 MNT | |||
| Non-cash transaction | Transaction between own accounts | - | |||
| Transaction between Arig bank accounts | 100 MNT | ||||
| Interbank transaction /up to 5 million MNT/ | 200 MNT | 0.5 USD | |||
| Interbank transaction /more than 5 million MNT/ | 400 MNT | 0.5 USD | |||
| Open an account | - | ||||
| Monthly fee for an account | 200 MNT | ||||
| Account statement /per sheet/ | 100 MNT | ||||
| Close an account | 1,000 MNT | ||||
* A commission will be charged if the non-cash income in the account is spent in cash
Click HERE to see the general terms and conditions of the bank's products and services.
Required documents
- Citizen identity card or Passport
- For foreigners in addition Certificate of alien registration
