Banking solutions in Georgia
The National Bank of Georgia is the country’s central bank (NBG). It establishes monetary policy, grants licenses, and oversees the operations of banks and currency exchange bureaus. The NBG requires commercial banks to hold a set amount of their foreign currency deposit obligations in reserve to restrict circulating money and encourage deposits in Georgian lari (GEL), the country’s legal tender.
Domestically based small and medium-sized banks, a handful of large banking institutions based in Tbilisi with subsidiaries (e.g., Vneshtorgbank, Privat Bank), and branches of two international banks currently make up the banking system (Turkish Bank Ziraat and the International Bank of Azerbaijan).
We offer comprehensive banking assistance solutions.
Open bank account in Georgia
Our team has good relationships with Georgia’s top financial institutions. We can provide you with updates on your progress as well as ongoing support.
Types of bank account
Having a business bank account is a necessary component of running a small company. It’s the most effective strategy to keep your personal and business costs separate. A side benefit is that it usually makes tax season a lot easier.
Personal bank account
We assist you in opening a personal account in Georgia and supplying the necessary documents. You can rely on us for promptness, accuracy, and timely delivery.
Corporate bank account
Our team will open a corporate bank account in Gorgia for you. Contact us for details.
Trading bank account
Our team can assist you in opening a trading bank account in Georgia in a timely and cost-effective manner.
Requirements
Foreigners seeking to create a bank account in Georgia would almost certainly need the following documents, while certain institutions may allow you to open an account with just your passport:
- Copies of your passport,
- Form of application,
- Signature example,
- Proof of address.
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