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Where should I setup a bank account in Mongolia?

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We asked expats in Mongolia what banks they use and there advice about banking. They advised...

"Expats considering retiring in Mongolia should be aware that the country has a harsh climate, with temperatures ranging from -40°C in the winter to +40°C in the summer. It is important to be prepared for the cold weather and to have the necessary clothing and supplies. Expats should also be aware that Mongolia is a cash-based society, and it is important to have access to cash when needed. Additionally, expats should research the healthcare system in Mongolia and make sure they have access to quality medical care. Finally, expats should be aware of the language barrier and consider taking language classes to help them communicate with locals," commented one expat who made the move to Mongolia.

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Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.

Allianz CareAllianz Care

Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.
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Other Questions:

Where should I setup a bank account in Mongolia?

If you live in Mongolia, newcomers to Mongolia would love to hear your answer to this question.

If your answer relates to a specific city or town in Mongolia, please include the name of the city/town below:


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Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
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Allianz CareAllianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

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