Corporate credit card
Corporate credit card is issued to management team and employees for their authorized business expenses and allow better management of expense.
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Currency MNT USD Credit limit Up to 200’000’000 MNT Up to 100’000 USD Interest free period Up to 45 days Minimum payment 10% Balance enquiry 2th of following month Payment due date Within 15th of each month Cash withdrawal limit 20% 20% Daily cash withdrawal limit 4’000’000 MNT 2’000 USD Credit interest limit 2% 2% Cash advance interest 3.5% 3.5% Late payment charge 1% 1% Annual fee 35’000 MNT 35 USD Card validity 2 year 2 year - Formal letter (names and ID number of employees who will hold the cards and total credit card amount should be written)
- Board resolution permitted to have corporate credit card
- Card holder’s ID, filled card application
- If the company does not have account in Golomt bank
- Corporate certificate
- License certificate
- Account statement of last 12 months
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