To Visa/Mastercard
MNT. Cards are issued by Khan Bank, Golomt Bank, TDB, and a number of other Mongolian banks. Commission from 0.9%. Transfer time - clarify with the manager
- Details: recipient's card number
- Khan Bank Mongolia
- Golomt Bank
- TDB
MongoliaMNTMongolian Tugrik
The Mongolian tugrik (MNT) accepts SWIFT + account number at Khan Bank, Golomt Bank, or TDB. Russians transfer MNT to Mongolia to families, partners, and students without restrictions - Mongolia has not imposed sanctions against Russia. Rubles are accepted in border areas unofficially, but for bank transfers you need MNT or USD.
The route, the receiving bank and the payout amount are agreed before payment.
Mongolia maintains close trade and economic ties with Russia, and in border areas, including Darkhan and Erdenet, Russian rubles may be unofficially used in certain transactions and exchange operations. An additional factor in financial ties is the "Eastern Union" project — a planned gas pipeline through Mongolia to China.
For an international transfer, you need the bank's SWIFT/BIC, the recipient's account number, and full name. IBAN is not used in Mongolia. The country's largest banks are Khan Bank, Golomt Bank, and Trade and Development Bank (TDB); they work with international SWIFT transfers, but the ability to accept a specific payment from Russia depends on the bank, correspondent bank, and compliance checks. The national currency is the Mongolian tugrik (MNT), whose exchange rate may partly depend on the commodity market situation, primarily copper and coal prices — Mongolia's key export goods. Mongolia has not joined Western sanctions packages against Russia and follows a multi-vector policy between Russia, China, and the "third neighbor" concept, but international transfers still undergo standard AML/KYC checks.
Bank transfers typically use MNT or USD. Rubles may be found in cash transactions in border areas and certain shops in Ulaanbaatar, but are not the standard currency for bank deposits. ATM24's commission is from 0.9%. The transfer time is several business days and will be clarified when you submit your request.
MNT. Cards are issued by Khan Bank, Golomt Bank, TDB, and a number of other Mongolian banks. Commission from 0.9%. Transfer time - clarify with the manager
MNT. Standard for Mongolia: SWIFT + account number (Khan Bank, Golomt Bank, TDB). The IBAN ISO 13616 registry does not include Mongolia. Banks: Khan Bank, Golomt Bank, Trade and Development Bank (TDB). SWIFT codes: ask the recipient or an ATM24 manager. Commission from 0.9%
MNT in cash - a working option for a recipient without a bank account. USD is also widely accepted in Mongolia. Receipt in tugrik (MNT) or USD by agreement. Commission from 0.9%. Pickup points - ask an ATM24 manager
Mongolia - no IBAN and no sanctions. SWIFT + account number at Khan Bank or Golomt Bank - the standard route. Rubles are accepted in border areas, but for bank transfers you need MNT or USD. Confirm the transfer route with an ATM24 manager.
We accept RUB, USD, EUR and USDT — we pay out in MNT
RUB MNT
37.75per 1 RUB
10 000 ₽ = 377 466 MNTUSD MNT
3,384.1per 1 USD
100 $ = 338 410 MNTEUR MNT
3,836.23per 1 EUR
100 € = 383 623 MNTUSDT MNT
3,384.1per 1 USDT
100 USDT = 338 410 MNT| You send | Payout in MNT |
|---|---|
| 100 USDT | 338 410 MNT |
| 300 USDT | 1 015 230 MNT |
| 500 USDT | 1 692 049 MNT |
| 1 000 USDT | 3 384 099 MNT |
| 5 000 USDT | 16 920 494 MNT |
Where recipients usually get the money in Mongolia
Khan Bank Mongolia — a universal bank with retail and corporate services. Recipients may use an account, card, branch, or mobile banking.
Type: Private (one of the largest); Accepts transfers from Russia: Yes (SWIFT - clarify with manager)
Type: Private (specialization: trade finance); Accepts transfers from Russia: Yes (SWIFT - clarify with manager)
Xac Bank — a bank serving personal customers and small businesses. Its services typically include accounts, cards, branches, and digital banking.
State Bank of Mongolia — a local bank with standard account and cash services. Transfer availability depends on the details, currency, and bank rules.
National currency
The official currency is the Mongolian tugrik (MNT). USD is effectively used as a reserve currency for large international transactions and settlements.
Card systems
Visa and Mastercard are widely accepted in Ulaanbaatar and major cities. UnionPay is present due to trade turnover with China. Khan Bank and Trade Development Bank (TDB) are the largest banks with international card infrastructure. Contactless Apple Pay and Google Pay are supported through bank mobile applications.
Payment applications
SocialPay from Golomt Bank - Mongolia's first digital wallet with QR payment support. Khan Bank and TDB offer full-featured mobile banking applications for transfers and payments. Happy Pay MN - TDB's application for payments and international operations.
Interbank transfers
Mongolia is not included in the IBAN ISO 13616 registry. For transfers, SWIFT + recipient's account number is used. SWIFT/BIC code, account number, and recipient's full name are used for transfers.
Financial regulator
Bank of Mongolia (Mongolbank) - the central bank and financial regulator of the country.
Features for ATM24
Since 2022, trade ties with Russia have been maintained, including in energy. Mongolia borders Russia; the ruble is unofficially accepted in border areas.
With an ATM24 transfer the recipient gives their own bank and details, so the money lands directly on the account.
Three steps from request to payout
Fill in the form or write to us on WhatsApp or Telegram — a manager will check the available route
We check the recipient details and confirm the route, rate, fee and payout amount
Once paid, the transfer goes out along the agreed route — we report the status in the messenger
We verify the exact details when agreeing the available route before payment.
Facts, not promises
You see the rate, the fee and the payout amount before you send the money.
The route, rate, fee and payout amount are agreed before payment.
Only timing stated for an available method is shown. The terms are confirmed before payment.
Reference cities with payout locations. Availability of a specific location is confirmed in the request.
Confirm the city before payment
Only methods present in both the country description and the current route are shown.
Real stories from real people
Needed cash, quickly and without pitfalls! Manager Sofa, thank you!
Read full reviewExchanged cashless rubles for cash baht at an ATM, everything went great, manager Emil explained everything and carried out the deal! I recommend 👍
Read full reviewManager Emil helped a lot, everything’s cool, they delivered the money to the house, the courier waited at the entrance until we finished with the transfers
Read full reviewYandex
Hello. I want to share positive emotions about working with this company. These are real professionals at their craft. I had difficulties exchanging money, manager Anna rescued me, helped exchange everything, consulted and monitored the whole process. I was very pleased with how they do their job. Great company, very customer-oriented. I recommend to everyone, you will be satisfied. They are 100% masters of their craft. Bravo.🫶
Read full reviewEverything is clear, a very good rate, Yes, it took some time, unlike bybit it’s not 5 minutes, in total about 30-40 [minutes], but your card won’t be blocked by the bank. Thanks!
Read full reviewMade an exchange on 12.12.23, thanks to my personal manager Alisa. I recommend. Everything was clear 👍🏽👍🏽👍🏽
Read full reviewWe agree the rate and the payout method before payment — pick where the money goes.
Country not found
Mongolia - a neighbor of Russia without sanctions, with the tugrik (MNT) and without IBAN. Below are answers to common questions about currency and transfers.
For a transfer to Mongolia in MNT, ATM24 builds the order around the recipient's payout method on the Mongolia MNT payout route. The sender sees the route, fee from 0.9%, expected timing from 15 minutes, and final amount before payment; if details change, the calculation is updated. Bank-route examples for Mongolia: Khan Bank, Golomt Bank, Trade and Development Bank of Mongolia, State Bank, and XacBank.
A card or bank-account payout in Mongolia in MNT is possible only when the selected route supports it. ATM24 verifies whether the recipient's card, account number, and name match the Mongolia MNT payout route. The manager confirms the selected bank, such as Khan Bank or Trade and Development Bank of Mongolia, before payment because card and account rules may differ. Bank-route examples for Mongolia: Khan Bank, Golomt Bank, Trade and Development Bank of Mongolia, State Bank, and XacBank.
ATM24 can check whether an MNT transfer to Mongolia may go through Khan Bank, Golomt Bank, Trade and Development Bank of Mongolia, State Bank, and XacBank. The receiving bank must match the recipient details and accept the selected payout route. The manager confirms the bank, account or card format, and final amount before payment.
For Mongolia, ATM24 does not use one universal recipient form for every MNT transfer. The details are checked by route: Khan Bank, Golomt Bank, Trade and Development Bank of Mongolia, State Bank, and XacBank, card payout, account payout. Name, account/card data, and payout currency must match the selected option. Bank-route examples for Mongolia: Khan Bank, Golomt Bank, Trade and Development Bank of Mongolia, State Bank, and XacBank.
An MNT transfer to Mongolia can start from 15 minutes after ATM24 confirms the recipient route. Timing depends on amount, recipient details, and Mongolia MNT payout route, Khan Bank, Golomt Bank, Trade and Development Bank of Mongolia, card route, account route, and separate checks for Khan Bank and Trade and Development Bank of Mongolia. The expected payout window is shown before payment. Bank-route examples for Mongolia: Khan Bank, Golomt Bank, Trade and Development Bank of Mongolia, State Bank, and XacBank.
An MNT transfer to Mongolia through ATM24 has a fee starting from 0.9%, but the useful number is the final amount after the route is checked. ATM24 confirms the Mongolia MNT payout route, bank such as Trade and Development Bank of Mongolia, exchange conditions, sender's payment method, and payout amount. Any fee charged by the sender's card issuer or bank should be checked separately. Bank-route examples for Mongolia: Khan Bank, Golomt Bank, Trade and Development Bank of Mongolia, State Bank, and XacBank.
Payment for an MNT transfer to Mongolia can be arranged through an available sender method after ATM24 checks the receiving route. The check includes the Mongolia MNT payout route, bank such as Trade and Development Bank of Mongolia, fee from 0.9%, and exchange conditions. USDT network cost or card-issuer charges are confirmed separately. Bank-route examples for Mongolia: Khan Bank, Golomt Bank, Trade and Development Bank of Mongolia, State Bank, and XacBank.
The minimum transfer amount to Mongolia in MNT through ATM24 starts from 100 USD or the equivalent. The maximum amount is confirmed before payment and depends on the Mongolia MNT payout route, sender payment method, bank, recipient details, and possible document requirements. If the recipient changes Khan Bank to another bank or switches from account to card, the limit should be checked again. Bank-route examples for Mongolia: Khan Bank, Golomt Bank, Trade and Development Bank of Mongolia, State Bank, and XacBank.
For a large MNT transfer to Mongolia, ATM24 reviews documents around Mongolia MNT payout route, Khan Bank, Golomt Bank, recipient-name match, route limit, payment purpose, source-of-funds review, and separate checks for Khan Bank and Trade and Development Bank of Mongolia. The request may require sender ID, source-of-funds details, recipient bank data, and payment purpose. The manager confirms the exact list before payment. Bank-route examples for Mongolia: Khan Bank, Golomt Bank, Trade and Development Bank of Mongolia, State Bank, and XacBank.
If you send 1000 USD to Mongolia, the recipient amount in MNT is not a generic market-rate number: 3,384,098.72 MNT. The calculation uses the payout route, bank such as Trade and Development Bank of Mongolia, fee from 0.9%, and exchange conditions. ATM24 confirms the final amount before the sender pays. Bank-route examples for Mongolia: Khan Bank, Golomt Bank, Trade and Development Bank of Mongolia, State Bank, and XacBank.
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