Sample image Deposit account

MNT USD EUR CNY
Minimum required balance for account Demand deposit 10,000 10 10 100
Term deposit 20,000 20 20 100
Deposit with equity convertible 10,000,000
Advance interest deposit 5,000,000 5,000
Children’s deposit 50,000 50
Special tiered deposit Individual 100,000,000 100,000 /equivalent to MNT 100 million/
Corporate 500,000,000 500,000
Demand deposit interest rate Per Annum 6.0 % 2.4% 1.32% 1.2 %
Per month 0.5% 0.2% 0.11% 0.1%
Term deposit
3 month Per Annum 9.6% 3.6 % 2.0 % 2.4%
Per month 0.8% 0.3% 0.16% 0.2%
6 month Per Annum 12,0 % 4.8 % 2.2 % 2.6%
Per month 1,0% 0.4% 0.18% 0.21
9 month Per Annum 12,6% 5.4 % 2.4 % 2.8
Per month 1.05% 0.45% 0.20% 0.23
12 month Per Annum 13.8% 6.6% 2.8 % 3.2%
Per month 1.15% 0.55% 0.23% 0.26%
Advance interest deposit
6 month Per Annum 8.4% 3.6%
Per Month 0.7% 0.3%
9 month Per Annum 10.8% 4.8%
Per Month 0.9% 0.4%
Deposit with equity convertible
6 month Per Annum 8.4%
Per month 0,7%
12  month Per Annum 10,8%
Per month 0,9%
Children’s deposit
36 month Per Annum 15.0% 7.2%
Per month 1.25% 0.6%
Other fees and commissions
Interest rate for term breakage* Per Annum 3.6% 2.4% 0.84% 0.6%
Per month 0.3% 0.2% 0.07% 0.05%
Opening an account and issuing and reissuing saving’s book MNT 1430
Foreign currency cash or non cash withdrawal transaction from deposit account MNT 100
0.30% for less than USD 50,000 0,25% for more than USD 50.000
Deposit transaction into deposit account Free of charge
To close deposit account MNT 2,000
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NIBANK HAS OPENED A NEW SETTLEMENT CENTER IN DALANZADGAD, UMNUGOBI

NIBank, the first Mongolian bank to offer commercial and investment banking services simultaneously, opened a settlement center at “Galaxy cinema” center in Dalanzadgad, Umnugobi to deliver full range of better and more accessible financial services to our clients in rural areas.

A NEW SETTLEMENT CENTER HAS BEEN OPENED IN ZAMIIN-UUD, DORNOGOBI

NIBank has opened a settlement center at the border town of Zamiin uud, Dornogobi, the biggest border point between Mongolia and China, on 13 of April, 2011. At this settlement office clients can submit customs taxes and receive other services that our bank offers.

NIBANK PRESENTS A NEW DEPOSIT ACCOUNT SERVICE

NIBank and "National Securities" LLC is presenting a new deposit service. NIBank begins to offer "Deposit with equity convertible interest" starting from 15 May, 2011. The service was created to improve our customers' knowledge about capital market and to encourage and facilitate participation in it. The service is offered to clients opening new deposit accounts as well as for those who already hold a deposit account at NIBank.