Bank for Mongolian users
Khan Bank is a free finance application and is the official companion app for the banking institution of the same name. New and current account holders will be able to manage their finances anytime and anywhere straight from their mobile devices through a clean and intuitive UI.
Together with Golomt Bank and XacBank, Khan Bank caters to the needs of residents of Mongolia, offering a wide array of financial services that they can avail of online. They can also add their accounts with other banks to make it easier to manage everything from a single place.
Easy online banking
Khan Bank is the official companion app that basically lets you enable online banking for easier account management and convenient payment transactions. Conduct money transfers with fellow account holders or from other banks, as well as settle payments—online or offline—using QR codes or your mobile number. You also get a breakdown of all your transactions for your reference and review.
Apart from that, this banking app provides information on nearby branches in your area in case you need to conduct business in person. There's also a nice feature called Smart News to receive relevant and trending news, both locally and in countries abroad. You can even check information on the current exchange rates if you deal with multiple currencies for work or business.
Going back to personal accounts, you have access to various management tools that let you order a new card, change your E-PIN, and more. There is also an option to apply for a loan in case you're in need of quick cash. Unfortunately, there are plenty of users who are experiencing persistent login issues and password errors, which need attention as soon as possible.
Inconsistent reliability
When it comes to features and options, the official Khan Bank app has plenty to offer new and current users alike. It's intuitive to use, looks clean, and allows for multiple account management. Sadly, it's not very reliable given its issues with logging in. Hopefully, they get sorted out as fast as possible. Use it as is, but expect inconsistencies.
