Transfer money to Xac Bank in Mongolia

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Xac Bank, founded in 2001, stands out as a progressive financial institution in Mongolia. It offers diverse services including microfinance, SME banking, and retail banking. Xac Bank is particularly recognized for its focus on sustainable and socially responsible banking, supporting small businesses and entrepreneurs. The bank’s innovative approach to microfinance has made a significant impact on financial inclusion, particularly among underserved communities in Mongolia.

Pyypl facilitates sending money online to Mongolia with ease, directly from your phone.

Feature
Description
Established
2001
Services
Microfinance, SME banking, retail banking
Focus
Sustainable and socially responsible banking
Impact
Significant role in financial inclusion, especially in underserved communities

What is Pyypl?

Established in the UAE in 2017, Pyypl (pronounced "people") is a pioneering FinTech firm committed to advancing financial inclusion through innovative technology. Pyypl's advanced technology offers easy, secure, and cost-effective access to essential financial services via a smartphone. Our flagship offering is a universally accepted prepaid Visa card accessible to everyone that requires no bank account, minimum salary, balance, or post-dated checks, and eliminates the need to visit a bank. Users can obtain their Visa card in just two minutes through our fully digital app, which allows for shopping and payments wherever Visa is accepted.

Users can also send money to over 45 countries through the Pyypl app. Any fees or exchange rates are also completely transparent and displayed up front. At Pyypl, we understand the importance of getting the most out of your money. That's why we offer excellent exchange rates compared to traditional banks. This means more bang for your buck so that your family or business associates receive the full benefit of your funds.

Regulated by the ADGM Financial Services Regulatory Authority, Pyypl is a trusted name in secure financial management. With us, you can be confident that your finances are in safe hands.

How to Send Money to Xac Bank with Pyypl

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1. Download the app

Get the app on the Apple or Play Store and sign up in a few easy steps.

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2. Top up

Easily load your account using a debit card, bank account, or mobile money.

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3. Initiate Transfer

Tap on Send Money, choose International Transfer, and select Mongolia. Select Bank Account as the mode of transfer.

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4. Specify the Amount

Enter the amount you wish to send in AED.  The app will show you the conversion rate.

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5. Enter Details

Enter the beneficiary’s account details, including full name, bank name, account number, and IBAN

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6. Confirm and Send

Review the details, and with just a click, your money is on its way to the recipient. We’ll notify you once the transaction is complete, it usually takes just a few minutes.

Why Choose Pyypl

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Instant Transfers

No appointments or waiting in line.  

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No hidden fees for the receiver

What you see is what you get. No hidden fees, no surprises.

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24/7 Support

Our dedicated customer support is always on hand to assist you with any queries.

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Excellent exchange rates

Low and transparent exchange rates.

Save time and money
Get Pyypl and start sending money in minutes.
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