Current account

We offer this "Current account" for your daily needs, where you can deposit and make withdrawals anytime as well as monitor every transaction.

Advantages

  • Make deposits and withdrawals anytime
  • Choose within 8 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 MNT USD EUR CNY RUB JPY KRW GBP
Annual interest

up to 1,000,000 MNT 0.0%

more than 1,000,000 MNT 3.0% 

up to 10,000 USD 0.0% 

more than 10,000 USD 1.0% 

 -  -  -
Minimum balance 5,000 5 5 20 100 500 5,000 5

Fees and commissions

 

Type

 

Service

Currency
MNT USD EUR CNY RUB KRW JPY Other
Income transaction Cash income - - - - 3.0% 3.0% 0.3% -
Withdrawal transaction Cash withdrawal* - 0.5% 0.3% 0.4% 1.5% 1.5% 0.6% 0.6%
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
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