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Trust Service

After fulfilling the Financial Regulatory Committee's requirements in Decemeber 31, 2010, Netcapital has obtained a license to offer trust services to clients wishing to grow their money with us.  As regulations for Non-Bank Financial Institutions (NBFIs) are much higher than commercial banks, it is actually lower risk to have savings with Netcapital at higher interest rates than elsewhere, due to the fact that Netcapital can only offer savings accounts up to 80% of the total owners equity.

Under Mongolian law, savings accounts from NBFIs may not be actively advertised, thus our regular customers do not take part in this scheme and we currently only offer 1 year fixed trust services. More details available upon request.