Using foreign bank cards

Russian UnionPay cards issued by Russian banks (e.g., ATB, Rosselkhozbank) are accepted in Mongolia. However, acceptance is not universal; while major stores and some gas stations may process them, smaller establishments might not. It is advisable for travelers to carry cash as a backup.

In Mongolia, payment methods can be challenging for tourists. While some Russian cards like RosAgroBank (RSB) may work at specific terminals (e.g., in Hasc and Haan banks found at Petrovis and Tespetroleum stations), acceptance is not guaranteed. Carrying cash (Mongolian Tugrik) is essential. Exchanging rubles or Chinese Yuan might be difficult, especially in smaller towns. For Yuan, inquire about bank acceptance in regions like Khuvsgul. Consider using the e-barimt app for potential VAT refunds on purchases, which requires a Mongolian SIM card and registration as a taxpayer. Always have backup payment methods.

Payment by Russian RosAgroBank (RSB) card in Mongolia is accepted at terminals associated with HasBank and HascBank, often found at Petrovis and Tespetroleum gas stations. However, card acceptance can be inconsistent. It is recommended to verify terminal compatibility and always carry sufficient cash as a backup payment method.

Rosselkhozbank (RSB) cards are functional for payments in various establishments in Mongolia, including hotels and supermarkets in Altai and Arvaikheer. However, they may not be accepted at Petrovis gas stations. Withdrawals using RSB UnionPay cards from Khan Bank ATMs can sometimes be declined, potentially due to cash shortages, especially during holidays.

As of August 2024, Russian bank cards may not be widely accepted for payments in Ulaanbaatar. It is advisable to confirm acceptance or have alternative payment methods available.

UnionPay cards (Russian-issued) have limited acceptance in Mongolia. They work more reliably in Ulaanbaatar and primarily at Khaan Bank ATMs for cash withdrawals. Acceptance in retail depends on the acquirer bank of the terminal. Always carry local cash (MNT) as a backup, especially outside major cities.

Banks may block cards for suspicious transactions. This can happen with both large purchases and transfers. Some users have experienced card blocks or funds being returned without explanation. Maintaining an open credit line in a home bank might not always prevent a block if the bank deems transactions suspicious.

Credit card payments are accepted in Khovd, Mongolia. Specifically, a Rosselkhozbank card was successfully used at a large supermarket affiliated with Khan Bank, offering a better exchange rate compared to cash exchange.

Russian Visa and Mastercard are largely unusable in Mongolia. UnionPay cards from Rosselkhozbank are reported to work, contrary to some rumors. For other Russian cards, carrying cash or arranging peer-to-peer exchanges (transferring rubles to a Russian card for Tughriks) is advised.