Account transaction to foreign countries (via SWIFT interbank financial network)
| Currency |
Transaction limit |
Fees(in MNT) |
OUR |
Guaranteed OUR |
| USD |
Up to 5,000.00 |
15,000 |
+15 USD |
+25 USD |
| 5,000.01 - 100,000.00 |
20,000 |
| Greater than 100,000.01 |
30,000 |
| CNY |
|
|
ABoC bank card |
To other banks |
not available |
| Up to 50,000.00 |
7,500 |
+50 CNY |
+1% (min 50 CNY - max 260 CNY) |
| 50,000.01-100,000.00 |
10,000 |
| Greater than 100,000.01 |
20,000 |
| EUR |
Up to 5,000.00 |
15,000 |
to Germany 10EUR, other 20EUR |
| Greater than 5,000.01 |
25,000 |
| CHF |
No limit |
25,000 |
+20 CHF |
|
| GBP |
+15 GBP |
|
| CAD |
+20 CAD |
|
| AUD |
+15 AUD |
|
| KRW |
Up to 5,000,000.00 |
15,000 |
+20,000 KRW |
|
| Greater than 5,000,000.01 |
25,000 |
|
| RUB |
No limit |
25,000 |
+10 RUB |
|
| SGD |
+20 SGD |
|
|
| JPY |
|
To correspondents |
To other banks |
not available |
| Up to 500,000.00 |
15,000 |
+0.05% (min 2,500 JPY) |
+0.1% (min 5,500 JPY) |
| Greater than 500,000.01 |
25,000 |
| Other |
No limit |
35,000 |
not available |
not available |
| Description |
| 1 - OUR: Condition where Khan Bank correspondent bank does not charge fee from the transfer. Under this condition the bank shall not guarantee the beneficiary that the funds will arrive in full amount. |
| 2 - Secured Баталгаат OUR: Condition where the funds shall arrive in full amount to the beneficiary. |
| 3 - The bank's set fee and the correspondent bank's fee shall be deducted from the reversed remittance amount . |
| 4 - Correspondent bank's fee shall be deducted from the remittance amount if the remittance from other countries does not include 'OUR' condition. |
| 5 - Fee for foreign currency cash withdrawal shall be charged in accordance with the General Terms and Conditions of Fee and Commission for cashing out a cheque in the same currency. |
| To make changes or reversal to foreign remittance3 |
| CNY remittance |
50 CNY |
| EURO remittance |
25 EUR |
| JPY remittance |
7,500 JPY |
| RUB remittance |
300 RUB |
| Other foreign currency |
35 USD |
Inquiry
| CNY transaction |
25 CNY |
| Other foreign currency |
10 USD + correspondent bank fee |
Receiving remittance from overseas4
| Remittance to Khan Bank customer account |
No fee |
| Remittance to other bank's customer account |
10,000 |
| To reverse remittance from foreign banks |
|
| CNY transfer |
10,000 |
| Other foreign currency |
20,000 |
Transferring funds to the current account after the payment arrives at the bank
| USD |
No limit |
1% (min MNT 30,000 -max MNT 300,000) |
| EUR, GBP, CAD |
No limit |
1% (min MNT 40,000 -max MNT 400,000) |
If the funds are returned because the payment check couldn't be cashed out
| USD |
No limit |
30 USD |
| Other |
No limit |
50 USD |
Western Union money transfer to foreign countries
|
Service
|
Fees/commissions
(in MNT)
|
|
Carrying out transfer
|
Subject to WU fees (www.westernunion.com)
|
|
Making correction
|
5,000
|
|
Receiving money
|
No fee
|
|
