BANK OF GEORGIA

Opening an account with BANK OF GEORGIA (Georgia)

Cost for the private persons from 800

Cost for the legal entities from 1000

Opening Term: 3 weeks

Remotely: no

Bank of Georgia is a leading Georgian bank offering a wide range of banking and investment management services. Bank of Georgia is listed on the main market of the London Stock Exchange. Bank of Georgia opens multi-currency personal and corporate accounts, as well as investment accounts. It is possible to open an account with Bank of Georgia for a non-resident company, provided that the company has a proven connection with Georgia (agreement on the presence of an office in Georgia, local counterparties, warehouse, store, etc.).

The term of opening an account with Bank of Georgia from the moment the client signs the forms in the bank is 2-3 weeks, there is no express account opening.

Bank of Georgia adheres to the principle of ‘know your customer’ and in each case reserves the right to request additional documents, which will lead to an increase in the time required to open an account, and may also refuse to open an account without giving any reason.

If you have any questions about opening an account with Bank of Georgia, please contact Maira Consult.

BANK OF GEORGIA advantages

1

Multicurrency accounts

2

Opening an account for a foreign company

3

Low service fees

4

Services for e-commerce

General Information

Types of accounts

Multicurrency personal and corporate accounts.

Personal visit

For non-residents of Georgia, a personal visit to the bank's branch in Tbilisi (Georgia) is required. Remote identification procedure is possible for residents of Georgia.

Service rates

Opening an account for individuals and legal entities - 10 GEL.

Useful information

www.bankofgeorgia.ge

Stages of account opening

01

Preparation of documents

To open account with Bank of Georgia you need to fill out our questionnaire and provide us with information about your activities and counterparties. Together with the application form, you need to provide corporate documents of the company (for a legal entity) and personal identification documents (for an individual).

02

Analysis of documents

Our specialists analyze the information and documents provided and fill out the Bank of Georgia's forms.

03

Submission of documents

We send the ready-made package of documents for opening an account with Bank of Georgia for bank manager review.

04

Passing verification

The director and beneficiary (for a legal entity) or an individual are verified at the bank's branch in Tbilisi. At the meeting with the bank manager, they sign bank forms and provide the originals of corporate documents.

05

Compliance Check

At this stage, Bank of Georgia checks the client and may request additional information about the activities and source of funds.

06

Account opening

The account is opened within 2 weeks after a personal meeting with the bank manager and submission of the full package of documents to the bank.

Answers to the Most Common Questions:

To open an account in a foreign bank or payment system, please contact the specialists of Maira Consult, who have many years of experience working with foreign banks and payment systems.
The standard term for opening an account in a foreign bank is 2-4 weeks, if all the necessary documents were provided to the bank and identification was completed. Opening an account in the payment system can be done in 2 weeks.
Please contact Maira Consult for a free consultation, to learn more about the requirements of opening an account in a foreign bank or payment system.

Our Contacts

Client Relations Department

+380 73 427-66-30

Address

Kyiv, 01054, Ukraine,

40B Ivan Franko St., office 207

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