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Account opening |
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Customers who plan to participate in the Mongolian stock market need to open an account at the “Central Depository and Clearing House”. Altan San Securities will do this for you on your behalf. We will need the following documents from you:
1. The attached account opening application form . Please email this to us at
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For Individuals: For Legal Entities: The signature forms and other relevant documentation need to be mailed through courier such as Fedex or DHL to the following address:
Altan San Securities LLC Temple Residence, Jamyan Gun Street 12, Ulaanbaatar, Mongolia Phone: +976-11-311558 Once we receive your application form with the attached documents, we will open your account at the “Central Depository and Clearing House”. Your account number will be sent to you shortly thereafter. Our standard commissions are 3%. 40% of commissions we receive from clients go directly to the Mongolian stock exchange and other entities. |
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Adding funds to your account |
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There are 2 ways that funds can be added to your account.
Cash
- Visit “Altan San’s office and bring us your cash. We will deposit this on your behalf into your account at the “Clearing House and Central Depository”
- Do it yourself; visit the “Clearing House and Central Depository” and pay cash at their cashier for deposit into your account
Via wire transfer
Wire funds directly into your account by giving your bank the following wiring instructions: | Intermediary Bank | :HSBC Bank USA, N.A. | | Swift BIC | :MRMDUS33 | | ABA | :021001088 | | Beneficiary Bank | :Golomt Bank, Mongolia | | Swift BIC | :GLMTMNUB | | Beneficiary | :Account Number 1102017223 | | Name | :Mongolian Securities Clearing House and Central Depository Co., Ltd. | | Address | :Ulaanbaatar, Mongolia | | For further credit | :John E. Smith (your account number, ask us for details) | |
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Checking your account |
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To check your account: - Clients can contact the “Central Depository and Clearing House” directly at 00976-70120460, 00976-70114672 and get their account information.
- Clients can also get account confirmation through our company. Confirmation of trades and trade instructions can be sent by email or fax per customer’s request.
Altan San Securities will also send out monthly updates on your account/portfolio by email. Account reports may also be produced by request from a customer. |
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Withdrawing money from your account |
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Please fill out the attached form and we will withdraw funds for you on your behalf. We will also need your instructions as to where to send the funds.
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