Advance Credit

Advance Application is the official mobile remittance app developed by Advance Credit NBFI, designed specifically for Mongolians living in Australia and those who need to send or receive money between Australia and Mongolia. With Advance Application, users can easily transfer money from Australia to Mongolia, with real-time exchange rate visibility, instant fee transparency, and secure bank account entry. Users can enter their transfer amount, see automatic currency conversion, and complete the transaction in just a few taps. To comply with AUSTRAC and FRC financial regulations, the app includes a built-in Know Your Customer (KYC) process. New users can register quickly by uploading their passport or national ID, proof of address, and submitting a selfie for identity verification. Once verified, users can send and receive money instantly. The "My Account" section allows users to view and manage their personal information, monitor KYC status, track transaction history, and edit profile details if needed. Advance Application is powered by Advance Credit NBFI, a fully licensed and regulated financial institution in both Mongolia and Australia. The app uses secure data encryption protocols to ensure customer privacy and safety at every step.