1. General

Clients who wish to participate and trade on the Mongolian Stock Exchange (MSE) must open an account at the Mongolian Securities Clearing House and Central Depository (MSCH&CD) through a broker dealer company, (BDC) such as Frontier Securities. The following is the procedure for opening an account through Frontier Securities.

2. How to open an account

To open the account through Frontier Securities, you need to provide us with the following:

A. For Individuals:

  1. Download application form here to open an account at MSCH&CD.
  2. Email a copy of your passport to This email address is being protected from spambots. You need JavaScript enabled to view it.
  3. Account opening fee - 40,000 MNT

 Please send hard copy of completed application form to our office address.

B. For Legal Entities:

  1. Download application form here to open an account at MSCH&CD.
  2. A nortarized copy of the company state registration certificate 
  3. A signature of the responsible person to be attested by the notary public. Click here to download.
  4. A copy of the responsible person’s passport to be attested by a notary public
  5. Company official letter to MSCH&CD
  6. Account opening fee - 40,000 MNT

Please send completed application form and supporting documents to our office address.

 

Account opening fee can be deposited or wired to the following bank account:

Bank name : Khan Bbank
Bank Address: Seoul Street-25, Ulaanbaatar, Mongolia
SWIFT CODE: AGMOMNUB

Account Number [USD]: 5038004733

Account Number [MNT]: 5038004722

3. Funding your account

Once your account has been opened at the MSCH&CD, you will have to prefund your account with the MSCH&CD before you can trade on the MSE.

Remit the required amount to MSCH&CD’s account.
The funds can be deposited, or wired, to MSCH&CD’s accounts at the banks below.
In case of wire transfer, please include a comment stating the purpose of the transfer.

Beneficiary Name: MSCH&CD

Bank Name: State Bank

Account Number: 3413000658

SWIFT Code: STBMMNUB

 4. Checking your account

Please use any of the following method to check your account:

  1. Request account information by contacting us at This email address is being protected from spambots. You need JavaScript enabled to view it., or calling 976-7011-9999, or by facsimile at 976-7011-1991.
  2. Contact SCHCD directly at 976-70112741 and request account information
  3. Sign up for internet account service with the SCHCD. For internet application and fee structure, please click here.

5. Trade Fees

Our standard commission fee is only 1%. This is an all-inclusive fee that includes the commission fees charged by the MSE and SCHCD. Please note minimum commission amount is 100USD.

6. Trading Hours

Trading orders can be given by email (accompanied by scanned signature) to This email address is being protected from spambots. You need JavaScript enabled to view it. or by fax to +976-7011-1991. Trading Hours of MSE is from 10:00 am to 01:00 pm, Monday through Friday. Trades will be executed on the same day when order is received before 10:00am local time on trading days.

7. Money Withdrawal

Money withdrawal request can be made by seding us signed copy of withdrawal form via fax or email. Please download money withdrawal form from here.

8. Inquiry

For any further information, please contact us at This email address is being protected from spambots. You need JavaScript enabled to view it.

Beneficiary Name: MSCH&CD

Bank Name: State Bank
Account Number: 3413000658

SWIFT Code: STBMMNUB