Trust

Trust service shall mean an arrangement whereby a trustee temporarily controls, uses, and manages the assets of a beneficiary on the basis of an agreement with the beneficiary, with the purpose of preserving the value of the assets and earning a profit. The trustee may also hold and save the assets in USD, EUR in accordance with the terms of the agreement.

 


Requirement
  • Eligibility: The user must be registered with the Ard App and be at least 18 years of age.
  • Minimum Balance:
  •      MNT 10,000
  •      USD 200 or
  •      EUR 1,000 depending on the selected currency.
  • Maximum Amount: No upper limit is imposed on the deposit amount.
  • Joint Ownership: Savings accounts may be held jointly with another person.
  • Term Options: The saving term can range from 6 to 24 months.
  • Payout Options: Interest or returns may be received:
  •     Monthly,
  •     Quarterly, or
  •     At the end of the term, as per the selected agreement.

Cupcake

Cupcake is a 12-month savings service for small amounts of ₮100, ₮1,000, ₮5,000, and ₮10,000 for each transaction.



Requirement
Sign up for Ard App

Target saving

Target Saving is a structured savings service that allows you to define a savings goal and timeline. Whether you're saving for a special purchase, an emergency fund, or future investments, this plan provides a disciplined way to reach your financial objectives. The target savings plan is a savings service that allows you to choose your own maturity period of up to 24 months.



Requirement
  • Savings Objectives: Users may define savings goals according to their individual financial needs.
  • Flexible Duration: The saving period is selectable by the user, allowing for short- or long-term planning.
  • Interest Earnings: Offers higher returns compared to conventional savings accounts.
  • Eligibility Criteria: Available to individuals aged 18 years and older with an active Ard App account.
  • Minimum Requirement: The minimum deposit amount is MNT10,000.
  • No Upper Limits: There are no restrictions on the number of savings accounts or the maximum deposit amount.
  • Partners