Exness Expands Local Payment Support for Mongolian Traders
Rankly Editorial
2026-05-25 ยท 3 min min read
Direct MNT Integration Details
Exness has partnered with Golomt Bank and Khan Bank to enable direct MNT deposits. Traders can now transfer funds from their Mongolian bank accounts directly to their Exness trading account without currency conversion.
The integration supports instant deposits during banking hours and processes withdrawals within 1 to 2 business days. This eliminates the forex conversion losses that previously cost traders 2-3% per transaction.
For traders using Golomt Bank's mobile app, the process is seamless: select Exness from the bill payment menu, enter your account number, and confirm the transfer.
How This Saves Money for Mongolian Traders
Previously, Mongolian traders had to convert MNT to USD through their bank, losing 1.5-2.5% on the spread. Then they would deposit USD via wire transfer, incurring another $20-50 in fees.
With direct MNT deposits, the conversion happens at the interbank rate within the broker's system, and there are zero deposit fees. For a trader depositing 3,500,000 MNT monthly, this saves approximately 70,000-100,000 MNT per month.
Exness also offers MNT-denominated account balances, so traders can see their equity in their native currency without constant mental conversion.
