MongoliaMNTMongolian Tugrik

Money Transfer to Mongolia

  • We lock the rate before payment
  • More than 100 transfers every day
  • Support at every stage of the transfer
3,384.1 MNTper 1 USDT+0.1% over 24hCalculation refreshed today at 06:481 USDT = 3,384.1 MNTOfficial rate; the final rate in the request may differ.
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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.

Transfers to Mongolia from Russia: MNT without IBAN via SWIFT to accounts at Khan Bank and other banks

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.

Bank details and available routes

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.

Transfer currency, fees and timing

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 to account via SWIFT, card, or cash: three transfer options without IBAN

Pick the way that suits the recipient — we agree the route and the details before payment

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

To bank account (SWIFT)

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%

  • Khan Bank Mongolia
  • Golomt Bank
  • TDB

Cash MNT

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

  • Ulaanbaatar
  • Erdenet
  • Ulaan Baatar

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.

Rates and cost of a transfer to Mongolia

We accept RUB, USD, EUR and USDT — we pay out in MNT

Reference rate for today

  • RUB MNT

    37.75per 1 RUB

    10 000 ₽ = 377 466 MNT
  • USD MNT

    3,384.1per 1 USD

    100 $ = 338 410 MNT
  • EUR MNT

    3,836.23per 1 EUR

    100 € = 383 623 MNT
  • USDT MNT

    3,384.1per 1 USDT

    100 USDT = 338 410 MNT

What the recipient gets — at 1 USDT = 3,384.1 MNT

You sendPayout in MNT
100 USDT338 410 MNT
300 USDT1 015 230 MNT
500 USDT1 692 049 MNT
1 000 USDT3 384 099 MNT
5 000 USDT16 920 494 MNT
Reference values update automatically. The final fee and rate are locked in the request before payment.

Banks and payment infrastructure — Mongolia

Where recipients usually get the money in Mongolia

  • Khan Bank Mongolia

    Khan Bank Mongolia — a universal bank with retail and corporate services. Recipients may use an account, card, branch, or mobile banking.

  • Golomt Bank

    Type: Private (one of the largest); Accepts transfers from Russia: Yes (SWIFT - clarify with manager)

  • TDB

    Type: Private (specialization: trade finance); Accepts transfers from Russia: Yes (SWIFT - clarify with manager)

  • Xac Bank

    Xac Bank — a bank serving personal customers and small businesses. Its services typically include accounts, cards, branches, and digital banking.

  • State Bank of Mongolia

    State Bank of Mongolia — a local bank with standard account and cash services. Transfer availability depends on the details, currency, and bank rules.

How payments work in Mongolia

  • 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.

How the transfer works to Mongolia

Three steps from request to payout

  1. Step

    Send a request

    Fill in the form or write to us on WhatsApp or Telegram — a manager will check the available route

  2. Step

    Agree the route

    We check the recipient details and confirm the route, rate, fee and payout amount

  3. Step

    Pay for the transfer

    Once paid, the transfer goes out along the agreed route — we report the status in the messenger

What to prepare for the transfer

To Visa/Mastercard

  • Details: recipient's card number

To bank account (SWIFT)

  • SWIFT codes: ask the recipient or an ATM24 manager

We verify the exact details when agreeing the available route before payment.

Why people choose ATM24

Facts, not promises

No surprises on the rate

You see the rate, the fee and the payout amount before you send the money.

Request to MongoliaLocked in
Rate
1 USDT = 3,384.1 MNT
Payout method
Bank transfer
Payout currency
MNT
The rate and the amount are locked when the request is confirmed and do not change afterwards.

Terms are known before payment

The route, rate, fee and payout amount are agreed before payment.

  • Route
  • Rate
  • Payout amount

The timing is known upfront

Only timing stated for an available method is shown. The terms are confirmed before payment.

  1. Bank transfer

Cash payout

Reference cities with payout locations. Availability of a specific location is confirmed in the request.

  • Ulaanbaatar
  • Erdenet
  • Ulaan Baatar

Confirm the city before payment

Available payout options

Only methods present in both the country description and the current route are shown.

You send
  • RUB
  • USD
  • EUR
  • USDT
MNT
They receive
  • Bank transfer
  • Cash
  • MoneyGram
  • Western Union

Customer reviews

Real stories from real people

Дмитрий Першин

Google

Needed cash, quickly and without pitfalls! Manager Sofa, thank you!

Read full review

Сергей Савельев

Google

Exchanged cashless rubles for cash baht at an ATM, everything went great, manager Emil explained everything and carried out the deal! I recommend 👍

Read full review

Виолетта Леонова

Trustpilot

Everything good. They work fast

Read full review

Георгий Чепуркин

Google

Manager 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 review

Transfers to other countries

We agree the rate and the payout method before payment — pick where the money goes.

Questions about Mongolia: MNT, tugrik, and whether you can use rubles in Mongolia

Mongolia - a neighbor of Russia without sanctions, with the tugrik (MNT) and without IBAN. Below are answers to common questions about currency and transfers.

How can I send money to Mongolia with payout in MNT through ATM24?

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.

Can the recipient receive a transfer on a card or bank account in Mongolia in MNT?

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.

Which banks can receive a transfer to Mongolia in MNT?

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.

What recipient details are needed to send money to Mongolia in MNT?

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.

How long does a money transfer to Mongolia in MNT take?

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.

What is the fee for sending money to Mongolia with payout in MNT?

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.

Can I pay by international card, bank transfer, or USDT while the recipient receives MNT in Mongolia?

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.

What is the minimum and maximum transfer amount to Mongolia in MNT?

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.

What documents are needed for a large transfer to Mongolia in MNT?

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.

How much will the recipient get in MNT if I send 1000 USD to Mongolia?

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.

Could not find an answer to your question?

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