News

Internet and Smart banking daily transaction limits have increased!

Internet and Smart banking daily transaction limits have increased!
2019.9.28

Dear Valuable Customers!

We are delighted to announce that Golomt bank’s digital channel’s daily transaction limit has increased in order to improve our customer’s experience and convenience.

MAJOR CHANGES:

  1. Internet banking daily transaction limit has increased up to 500 million MNT. Please contact with branch if you want to increase the limit.
  2. Smart banking or iOS and Android mobile application`s daily transaction limit has increased from 5 million to 20 million MNT.
  3. The following transactions have no restrictions on daily transaction limits.
  • Between own accounts,
  • Loan payment,
  • Utility payment,
  • Custom payment,
  • Tax payment, Fine

Transaction limit options:

Daily transaction limit /MNT/

Transaction`s confirmation

Internet banking

Smart banking2

Total limit1

1.

-

-

 

-

2.

20 million

20 million

40 million

Confirmation password

3.

50 million

20 million

70 million

E-Token

4.

100 million

20 million

120 million

E-Token

5.

200 million

20 million

220 million

E-Token

6.

300 million

20 million

320 million

E-Token

7.

400 million

20 million

420 million

E-Token

8.

500 million

20 million

520 million

E-Token

  1. Internet banking and Smart banking transaction limit will be considered as separate.
  2. Corporates can make transactions via only Internet banking and use E-token.

Mobile banking /USSD/ daily transaction limit has increased from 2 million to 10 million MNT.

Transaction`s confirmation

  • Currently, customers are not required to enter confirmation password when making transactions via Smart banking. However, according to the new limits, if the single transaction is above MNT 3 million must enter confirmation password/E-Token.
  • If you do not know or have forgotten your confirmation or transaction password, you can create a new password right away using the “Forgot password?” option before logging into your Internet banking window.

New limit changes:

  1. All customer`s Smart banking daily transaction limit will be increased automatically.
  2. Internet banking:
  • Below 20 million MNT limit will be increased to 20 million MNT automatically.
  • Above 20 million MNT limit will not be changed.
  1. For corporate limit, no automatic changes will be occurred.

Fees and charges: Concerning the daily transaction limit increase, no additional fees or charges will be applied.

For more information, please dial on 1800-1646.