Golomt Bank review
Updated September 28, 2026 · DebitCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Golomt Bank is a debit card from a bank based in Mongolia, suited to people who want a multi-currency card and Visa payments without leaving a single market. The currency conversion fee of 1.5% is the trade-off to weigh, since travellers who convert often pay more than the fee-free rivals.
Key facts
- Best for
- A multi-currency Visa debit card for everyday spending, with conversion costs understood before you travel.
- Currency conversion fee
- 1.5% (Source, checked September 26, 2026)
- Card type
- Debit (Source, checked September 26, 2026)
- Card network
- Visa (Source, checked September 26, 2026)
- Currencies
- 2 (Source, checked September 26, 2026)
- Legal entity
- Golomt Bank (Source, checked September 26, 2026)
- Headquarters
- Mongolia (Source, checked September 26, 2026)
- Support channels
- Email, Phone, Help-centre (Source, checked September 26, 2026)
- Features
- Multi-currency, Travel
- Official website
- golomtbank.com
Credit cards
Apps and profiles
- Get the app
- Google Play
Pros and cons
Pros
- It is a debit card, so spending draws on the money in your account rather than a prepaid balance.
- It handles 2 currencies, which suits a holder who keeps local money and a second currency side by side.
- It runs on the visa network, so it works at card terminals and machines that accept Visa.
- You can reach the bank by email, phone and help centre if a payment or a currency needs checking.
Cons
- The currency conversion fee of 1.5% is higher than the 0.1% fee at Wise and the fee-free 0% and 0% cards, so it ranks 141 of 259 on that measure.
- It holds 2 currencies, so a card that covers more of your spending money is a better fit if you need others.
- It is built for the market the bank serves in Mongolia, so cards aimed at other markets may suit you better if you bank outside it.
Who it suits
- You want a bank debit card handling 2 currencies.
- You prefer a debit card tied to a bank account.
- You mostly pay in the local market and convert rarely.
Who should look elsewhere
- You convert currency often, since Wise charges 0.1% on conversion.
- You want no conversion fee at all, because Bitpanda and the Starling Personal Account Debit Card both list 0%.
- You hold spending money in more currencies than the 2 this card covers.
The company behind it
The card comes from Golomt Bank, which is based in Mongolia. As a bank rather than a prepaid issuer, the money sits in an account that pays from your own balance, and the card itself is a debit card on the visa network. If something goes wrong with a payment or a conversion, you can pick up email, phone and help centre and speak to the bank directly rather than to a middleman.
How Golomt Bank compares
8.9 vs 9.4
8.9 vs 9.0
8.9 vs 8.9
8.9 vs 9.2
8.9 vs 8.8
8.9 vs 8.5
8.9 vs 8.5
8.9 vs 9.0
8.9 vs 8.8
8.9 vs 8.8
8.9 vs 8.7
8.9 vs 9.2Bitpanda's card lists a 0% conversion fee, so it costs nothing to convert where this card charges 1.5%.
8.9 vs 9.0
8.9 vs 8.9
8.9 vs 8.8
8.9 vs 9.6
8.9 vs 9.4
8.9 vs 9.4
8.9 vs 9.2
8.9 vs 9.1
8.9 vs 9.1
8.9 vs 9.1
8.9 vs 9.1
8.9 vs 8.8
8.9 vs 8.8- 8.9 vs 8.8
- 8.9 vs 8.8
8.9 vs 8.8- 8.9 vs 8.8
8.9 vs 8.5
8.9 vs 8.5
8.9 vs 8.5
8.9 vs 8.3
8.9 vs 8.2
8.9 vs 8.0
8.9 vs 8.0
Where Golomt Bank is available
- Available
- Mongolia
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does the Golomt Bank card cost to use?+
It is a debit card, and the fee that matters most for spending abroad is the currency conversion fee of 1.5%. Spending in the currency you already hold is where this card is at its simplest, so convert only the amounts you genuinely need.
How many currencies can the card hold?+
The card covers 2 currencies, which is enough to keep local money and one other currency side by side. It is a multi-currency card, so you avoid converting back and forth for every payment, though the coverage is narrower than a card that lists many more currencies.
Which network does the card run on?+
It runs on the visa network, which is the wider of the two main networks and means the card works at most card terminals and cash machines that take Visa. Card networks listed by other providers may differ, so check that your usual machines accept it.
Is this a debit card or a prepaid card?+
It is a debit card issued by Golomt Bank, so a payment comes straight from your account balance. Nothing needs topping up first, and the balance you hold is the balance the bank holds for you.
How do I get help from the bank?+
Support runs on email, phone and help centre, so you can raise a question by email, by phone or through the help centre. Phone is the quickest route for a blocked payment or a currency query while you are abroad.
Who is the bank behind the card?+
The card is issued by Golomt Bank, which is based in Mongolia. As a bank rather than a fintech, the account is held with the bank itself, which is the practical point to weigh if you want a bank debit card rather than a prepaid balance.
Sources
- golomtbank.com checked September 26, 2026
Backs: Headquarters, Legal entity, Support channels
“D.Sukhbaatar Square 5, Ulaanbaatar, Mongolia”
- golomtbank.com/en/cards/6311 checked September 26, 2026
Backs: Card type, Currencies, Features, Currency conversion fee, Card network
“The Si is a Visa-branded international debit card”
Compiled from 2 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Free ATM withdrawals, Protection.
Related by the facts
Golomt Bank
A multi-currency Visa debit card for everyday spending, with conversion costs understood before you travel.