SWEEP Service

This service provides the opportunity to our bank customers to use their income for their business in a timely manner by placing and centralizing their income from sales and service outlets located in various parts of Mongolia in the online sub-branches of Khan Bank on the same day.

Terms

Service fees are determined by the frequency of the SWEEP (daily, weekly and monthly) and the number of accounts that are used for the collection.

Advantages

Compared with other Banks, Khan Bank branches are located in every part of the country and our online network provides the advantage of quick and reliable sweep service.

•    Daily sweep report through e-mail.
•    Most suitable for companies and entities with many branches in UB and in rural aimags.
•    Possibility to monitor, spend and manage the deposit and withdrawal transactions made at their branches.
•    Quick centralization of the daily business income in the required account.
•    Service fee is cheaper than the remittance fee.