1800-1881 mn

Faster international remittance

State bank has introduced new transfer service cooperating with TuranAlem Bank of Kazakhstan which enables our customers to send and receive money with lowest rate without opening any accounts in bank.

Benefits and features of Faster transfer:
For the first time in Mongolia, only State Bank has introduced a new transfer service which connects Kazakhstan and Mongolian bank. With this special service, you are able to transfer your money fast and safe.
Customers are able to transfer their money with same rate as in Kazakhstan to other countries connected to FASTER service such as Russia, Azerbaijin, Belarus, Georgia etc which is stated in contract. "Faster" service is much cheaper comparing to MoneyGram and Western Union transfers. From any State Bank branches, within only 1 minute, you are able to send and receive your transfer.

Fees and commissions of Faster transfer:

Transfer amount Fee/USD/ Transfer amount Fee /USD/
0.01- 50.00 1 1,500.01 – 1,750.00 35
50.01-100.00 2 1,750.01- 2,000.00 40
100.01- 200.00 4 2,000.01 – 3,000.00 55
200.01- 300.00 6 3,000.01 – 4,000.00 75
300.01- 400.00 8 4,000.01 – 5,000.00 95
400.01- 500.00 10 5,000.01 – 6,000.00 110
500.01- 750.00 15 6,000.01 – 7,000.00 130
750.01- 1,000.00 20 7,000.01 – 8,000.00 150
1,000.01- 1,250.00 25 8,000.01 – 9,000.00 170
1,250.01- 1,500.00 30 9,000.01 – 10,000.00 180

 

Terms and Conditions

Service Fee
Amendments in transfer USD 1.00
Reverse the transfer We cannot provide the fee for transfer

Note: No fees for beneficiary to receive international remittance through Faster

Other possible countries besides Kazakhstan

  • Russia
  • Armenia
  • Azerbaijin
  • Belarus
  • Georgia
  • Ukraine
  • Uzbekistan
  • Kirgizistan
  • Tajikistan

You are able to make inter-country incoming and outgoing transfers between Mongolia and Kazakhstan within minutes with lowest rate from any State Bank branches and settlement centres.

For further information, please contact us at:
Customer information center: 1800-1881
Email address: contact@statebank.mn
Fax: 330595


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