Saving
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.
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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.
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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
Partners