RemitFinder helps you compare international money transfer services when remitting money from Mongolia. Whether you are sending money to support family, pay bills abroad, or manage international expenses, comparing providers can help you save on exchange rates and fees.
On this page, you can explore where you can send money out of Mongolia, see which providers support each destination, and compare rates, transfer speed, payout options, and limits.
Not sure where to start? Browse all sending countries on our send money from hub.
Where Can You Send Money From Mongolia To?
Below are the destinations you can send Mongolia remittances from, grouped by region for easier browsing.
The below regions of the world are sorted alphabetically, and the countries within these regions are also sorted alphabetically for easier lookup.
Once you have located your destination country, click on it to compare numerous money transfer options for your chosen country combination.
Browse by region:
Africa | Asia | Caribbean | Europe | North America | Oceania | Polar Territories | South AmericaCountries in Africa you can send money to from Mongolia
Here are various countries in Africa that you can send Mongolia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Mongolian Togrog remittances out of Mongolia to your chosen destination in Africa.
Countries in Asia you can send money to from Mongolia
Here are various countries in Asia that you can send Mongolia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Mongolian Togrog remittances out of Mongolia to your chosen destination in Asia.
Countries in Caribbean you can send money to from Mongolia
Here are various countries in Caribbean that you can send Mongolia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Mongolian Togrog remittances out of Mongolia to your chosen destination in Caribbean.
Countries in Europe you can send money to from Mongolia
Here are various countries in Europe that you can send Mongolia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Mongolian Togrog remittances out of Mongolia to your chosen destination in Europe.
Countries in North America you can send money to from Mongolia
Here are various countries in North America that you can send Mongolia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Mongolian Togrog remittances out of Mongolia to your chosen destination in North America.
Countries in Oceania you can send money to from Mongolia
Here are various countries in Oceania that you can send Mongolia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Mongolian Togrog remittances out of Mongolia to your chosen destination in Oceania.
Countries in Polar Territories you can send money to from Mongolia
Here are various countries in Polar Territories that you can send Mongolia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Mongolian Togrog remittances out of Mongolia to your chosen destination in Polar Territories.
Countries in South America you can send money to from Mongolia
Here are various countries in South America that you can send Mongolia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Mongolian Togrog remittances out of Mongolia to your chosen destination in South America.
How can I send money from Mongolia?
Sending money internationally from Mongolia is easy. Simply search for your destination country to send Mongolian Togrog money transfers from Mongolia. RemitFinder compares many money transfer operators for Mongolia remittances to your chosen destination in an easy to understand format.
Can someone from Mongolia send money?
Unless there are any sanctions or political restrictions in place in Mongolia, it should be permissible to send Mongolian Togrog transfers out of the country. In case it is not allowed to send money from Mongolia, transfer companies will not accept remittance requests.
What is the best way to send money from Mongolia?
To find the best options to send MNT from Mongolia, simply compare available providers and pick the one that suits your needs best.
Cannot find your country? All supported destination countries are listed above, grouped by region.
Want to compare instantly? Use the transfer search below.
Simply choose your destination country for money transfers originating out of Mongolia, and change the transfer amount if needed to easily compare numerous money transfer providers for your next international money transfer.
Compare various money transfer operators to send money from Mongolia to your chosen destination easily. Simply choose your destination country above and search and compare options.
Popular Money Transfer Corridors From Mongolia
These are some of the most commonly used international money transfer routes from Mongolia.
Popular corridors
What Is The Currency In Mongolia?
The official currency of Mongolia is important to know when sending or receiving money internationally. Understanding the local currency helps you compare exchange rates, fees, and the final amount your recipient will receive.
Which currency is used in Mongolia?
The official currency of Mongolia is the Mongolian Togrog (ISO code: MNT), and it is commonly represented by "₮".
How is Mongolian Togrog written, and how many decimals does it use?
MNT amounts are typically shown with 2 decimal places.
- MNT 1250.50
- ₮ 1250.50
- MNT 0.25 = 25 möngö
What is the subunit of 1 Mongolian Togrog?
The subunit of Mongolian Togrog is möngö, and 1 MNT is divided into 100 möngö.
Which other countries use the Mongolian Togrog?
Mongolia is the main country that uses the Mongolian Togrog.
When sending money from Mongolia, what currency do providers use?
International transfers from Mongolia are typically funded in Mongolian Togrog and converted into the recipient's local currency before payout. Most providers covering Mongolia quote exchange rates directly in MNT, making the rate you receive a key factor in how much money arrives.
Why do MNT exchange rates vary between providers?
Exchange rates often differ due to FX spreads rather than visible fees, which means two transfers of the same MNT amount from Mongolia can result in different payout values.
What is the best way to compare the true cost of a MNT transfer from Mongolia?
The true cost of Mongolian Togrog transfers sent from Mongolia is best understood by comparing the exchange rate alongside any applicable fees. This helps avoid overpaying and ensures your recipient receives maximum value.
Does comparing Mongolian Togrog exchange rates really make a difference?
Yes. If you send money from Mongolia regularly, comparing Mongolian Togrog exchange rates can make a meaningful difference over time.
Why Compare Money Transfer Services From Mongolia?
The cost and experience of sending money internationally can vary widely depending on where you are sending from. Money transfer services often price the same corridor differently based on local market conditions, which means Mongolian Togrog exchange rates, fees, and transfer options from Mongolia may not match what is offered in other countries.
Fees also depend heavily on how you fund your MNT transfer from Mongolia. Bank transfers, debit cards, and credit cards can carry different costs, limits, and processing times in Mongolia, even when using the same provider.
Coverage is another important factor when sending money from Mongolia. Not all money transfer services support the same destination countries, payout methods, or currencies when transfers are initiated in MNT from Mongolia.
Transfer limits and verification requirements in Mongolia can further affect how much MNT you can send and how quickly your Mongolian Togrog transfer is processed. These limits often vary by provider and funding method and may change once verification is completed.
Comparing money transfer services side by side helps you identify which providers actually work from Mongolia and which offer the best balance of Mongolian Togrog exchange rates, fees, transfer speed, and reliability for your needs.
How Sending Money From Mongolia Works
Sending money from Mongolia typically involves choosing a transfer provider, selecting a funding method, and sending funds in MNT to a recipient abroad. Costs, processing time, and availability can vary based on local banking practices in Mongolia and the destination country.
What funding methods can I use to send MNT from Mongolia?
Most international transfers from Mongolia in MNT are funded using bank transfers, debit cards, or credit cards. Bank-funded transfers are often the most cost-effective option in Mongolia, while card-funded Mongolian Togrog transfers can be faster but may come with higher fees or less favorable exchange rates.
What verification is required to send money from Mongolia?
When sending money from Mongolia, you are usually required to provide basic identity details. Additional verification may apply for higher-value MNT transfers or first-time transfers. These checks help keep Mongolian Togrog transfers secure and compliant with regulations in Mongolia.
Are there limits on how much MNT I can send from Mongolia?
Transfer limits depend on the funding method you use and how frequently you send money from Mongolia. Some methods allow higher MNT limits once verification is complete, while others are restricted to lower amounts regardless of transfer history.
How long do MNT transfers from Mongolia take?
Some Mongolian Togrog transfers from Mongolia are processed on the same day, while others may take longer. Processing time can be affected by banking hours, weekends, and public holidays in Mongolia.
Why can processing times vary when sending money from Mongolia?
Local banking practices in Mongolia, such as cut-off times, business days, and identification requirements, can influence when a Mongolian Togrog transfer is processed and settled.
How can I avoid delays when sending money from Mongolia?
Comparing providers, choosing the right funding method, and understanding local rules in Mongolia can help ensure a smoother MNT transfer with fewer delays or surprises.
Payment Methods Available in Mongolia
The way you fund your money transfer from Mongolia can directly affect cost, speed, and convenience. Available payment methods are influenced by local banking adoption, card usage, and global remittance norms, which means options for sending MNT from Mongolia may differ from what is available elsewhere.
Payment method availability in Mongolia is determined by a combination of:
- Global remittance standards
- Local banking and card penetration prevalent in Mongolia
- Declining or limited use of cash-based funding methods within Mongolia
Below are the most common ways to fund international money transfers from Mongolia.
Bank TransferRecommended
Bank transfers are a common way to fund an international money transfer in Mongolia, especially for larger Mongolian Togrog amounts. They are often priced more competitively than cards, but processing can depend on bank cut-off times, weekends, and local holidays in Mongolia.
Debit / Credit Card
Card payments in Mongolia can be convenient and are often the fastest way to fund a transfer sent in Mongolian Togrog. They may come with higher fees or a less favorable MNT exchange rate than bank transfers, especially on larger amounts.
Payment methods shown above for Mongolia include badges that highlight common characteristics. These indicators are based on typical usage patterns when sending MNT from Mongolia, but actual costs and speeds can vary by provider and destination.
Here are the badges and their definitions that we have used above to present payment methods in Mongolia:
- 🟢 Cheapest: This funding method often has lower fees or more competitive Mongolian Togrog exchange rates.
- ⚡ Fastest: This method typically processes transfers more quickly, especially for smaller amounts.
- ⭐ Most Common: This funding method is widely supported for transfers from Mongolia.
- 🏦 Local Payment Method: This funding method is local to Mongolia and may be cheaper and faster as compared to other methods.
Payment method FAQs for Mongolia
Payment methods available in Mongolia can affect how quickly money is delivered and how much the transfer costs. Understanding the common options helps you choose the most suitable way to send or receive funds.
What payment methods are available in Mongolia?
In Mongolia, common payment options include Bank Transfer and Debit / Credit Card. Availability, fees, and processing times can vary by provider and destination.
What is the recommended payment method in Mongolia?
Bank Transfer is often a solid default because it balances cost, speed, and availability. Your best option may still depend on the amount and provider.
Which payment method is usually the fastest in Mongolia?
Debit / Credit Card is often the fastest option, especially for smaller transfers, though processing times can vary by provider.
What is the most common payment method in Mongolia?
Bank Transfer is widely supported across providers and is a reliable option for many transfers.
Which payment method is best for larger amounts in Mongolia?
Bank Transfer is often best for larger amounts in Mongolia. Often a better fit when sending and receiving bigger amounts, where fees and exchange rate margins matter more. Actual costs and speed still depend on the provider.
Which payment method is best for lower fees in Mongolia?
Bank Transfer is often best for lower fees in Mongolia. Often a good choice if you want to minimize fees and improve overall value. Actual costs and speed still depend on the provider.
Which payment method is best for speed in Mongolia?
Debit / Credit Card is often best for speed in Mongolia. Often useful when you want to send and receive funds quickly. Actual costs and speed still depend on the provider.
Which payment method is best for smaller amounts in Mongolia?
Debit / Credit Card is often best for smaller amounts in Mongolia. Often convenient for smaller transfers, though fees can still vary by provider. Actual costs and speed still depend on the provider.
Which payment method is best for faster checkout in Mongolia?
Debit / Credit Card is often best for faster checkout in Mongolia. Can reduce checkout friction with quicker transaction confirmation. Actual costs and speed still depend on the provider.
Which payment method is best for convenience in Mongolia?
Debit / Credit Card is often best for convenience in Mongolia. Often easier to use with fewer steps to complete payment and receipt of funds. Actual costs and speed still depend on the provider.
Tips For Sending Money From Mongolia
Sending money from Mongolia can be simple and cost-effective if you know what to look for. Below are practical tips to help you get better value, avoid common mistakes, and make the most of your Mongolian Togrog (MNT) transfers.
Compare exchange rates from various providers in Mongolia
Many providers often advertise "low" or even "zero" fees, but make up the difference by offering weaker exchange rates.
When sending money from Mongolia in MNT, always compare the final amount the recipient receives, not just the upfront fee. A slightly higher fee with a stronger exchange rate can often work out cheaper overall.
The exchange rate on an international money transfer sent from Mongolia is one of the most important factors you should pay attention to.
Choose the right payment method for Mongolian Togrog remittances
The way you fund your transfer from Mongolia matters.
Bank transfers are often the most cost-effective for larger MNT amounts, whilst debit or credit cards can be faster, but may come with higher fees or less favorable exchange rates.
Look for local payment methods in Mongolia (if available) as they can offer a good balance of speed and cost.
If you send Mongolian Togrog overseas regularly, experimenting with different payment methods can lead to meaningful savings over time.
Be aware of transfer limits and regulations in Mongolia
Providers operating in Mongolia often apply different limits depending on how you send MNT and whether your account is fully verified. From Mongolia, higher-value transfers may require additional identity checks. Completing KYC (know your customer) and other regulatory requirements early can unlock better limits and reduce delays later.
MNT transfer timing can affect speed and cost
Bank-funded transfers from Mongolia usually follow local banking hours. Transfers initiated late in the day, on weekends, or during public holidays may take longer to process.
If speed matters, check cut-off times and consider faster payment options in Mongolia when available.
Watch out for Mongolian Togrog conversion traps
In rare cases, some card issuers in Mongolia automatically convert MNT into another currency before the transfer is processed, often at poor rates.
To avoid this, send in MNT and let the money transfer provider handle the conversion, as this is usually cheaper and more transparent.
Find the best provider for the destination country
Not all providers offer the same pricing or payout options for every corridor from Mongolia. A service that works well for one destination may be expensive or slow for another.
Always compare providers specifically for your chosen destination to get the best payout for your Mongolian Togrog money transfers.
We also recommend having accounts with several money transfer companies in Mongolia so you can capitalize on better rates and deals from them.
Small differences add up
If you send money from Mongolia regularly, even small improvements in MNT exchange rates or fees can make a big difference over time. Comparing providers before each transfer helps ensure more of your Mongolian Togrog reaches its destination.
At RemitFinder, we make it easy to compare trusted money transfer services side by side, so you can send money from Mongolia knowing you are getting the best available option for your needs.
FAQs About Sending Money From Mongolia
Here are some additional questions that sometimes come up from our readers in Mongolia when it comes to sending money abroad.
Is it legal to send money from Mongolia to another country?
Sending money internationally from Mongolia is generally legal. Licensed money transfer providers operate under local and international regulations, which means transfers in Mongolian Togrog (MNT) must meet standard identity and compliance checks.
That said, global political situations and financial restrictions may be in place for certain countries. Always check before you send MNT from Mongolia.
How can someone from Mongolia send me money?
If you wish to receive money from Mongolia, have the sender search for a suitable provider that supports Mongolian Togrog transfers. Once they choose a suitable money transfer operator in Mongolia, they will need your bank or related information to send you the funds.
Do I need a bank account to send money from Mongolia?
Not always. Many providers allow you to send money from Mongolia using bank transfers, debit cards, or sometimes cash, depending on what is commonly supported locally.
Also, lookout for local payment options in Mongolia that can be cheaper and faster.
Overall payment method availability in Mongolia can vary by provider, transfer amount, and destination country.
Are there limits on how much I can send from Mongolia?
Yes. Transfer limits from Mongolia depend on the provider, the payment method you use, and whether your account is fully verified. Bank-funded transfers in MNT usually allow higher limits than card-based or cash-funded transfers.
How to send money internationally from Mongolia?
To send MNT from Mongolia, simply located your destination country above, or directly search for your chosen corridor. RemitFinder will show you a comparison table with various providers in Mongolia for your chosen destination.
Once you locate the provider of your choice, use their service to send money from Mongolia.
How can I reduce the cost of sending money from Mongolia?
The most effective way to lower the cost of Mongolian Togrog transfers is to compare providers before you send.
Exchange rates, fees, and payout methods can vary significantly when sending Mongolian Togrog from Mongolia, even for the same destination. Comparing options helps ensure more of your MNT reaches the recipient.
Which app is best to send money from Mongolia?
Depending on your chosen destination to send MNT from Mongolia, there may be several providers available. To easily compare them, use RemitFinder’s online comparison engine and pick the best provider for your Mongolia remittances.