Khan Bank
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Khan Bank Interest Rates

Khan Bank Overview

Khan Bank Interest RatesKhan Bank is a large bank in Mongolia that has origins from State Bank of Mongolia. It has 500 branches throughout the country with its head office in Ulaanbaatar.... read more

Khan Bank Discussion

  • Q: What is the requirement for a foreign investor in opening a USD or CAD term deposit at your bank?

    Reply Octavia from Canada

Khan Bank Discussion Activity

  • Khan Bank 1 Year Term Deposit - Deposits
    Q: Hello if I deposit $100.000 Australian dollars into your bank account what saving interest rate would I receive in that year what penalties would I encounter if I took out after a year would I get better interest accumulated in two years would it be better if I deposited for5 year and what would the return on that amount of Monie would I receive looking forward to hear back cheers

    Reply Nicholas from Melbourne, Australia
  • Khan Bank 1 Year Term Deposit - Deposits
    Q: How does a U.S. citizen living in the United States arrange to deposit $1,000 in a Khan Bank 1 year term deposit, yielding 15.10%?

    Reply Brien from Herndon, United States
    • R: 15.10% is for MNT (Mongolian local currency). For USD, 1year deposit gives 6% interest. For foreigners, capital gain tax is 20%.

      Reply Bold
    • R: Hi Brien, You will not get 15.10% on USD, that rate is for tugrug (local currency). The USD rate is 2.4%.

      Reply Sarnai
      • R: tHE CAPITAL GAIN TAX FOR FOREINGERS IS ALWAYS 20 PERCENT?

        Reply Pieter
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