Open a Corporate Bank Account in Georgia
Starting a company in Georgia is just the beginning. Most businesses need a proper bank account to run smoothly. Opening a business bank account has certain requirements, and these have become stricter. In the past, companies didn't need to do much business activity in Georgia to keep their accounts open. Now, banks want to see more activity happening in the country. If you meet these requirements, you'll get excellent service with modern banking features. A local company can open a bank account in different currencies at the Bank of Georgia, TBC Bank, or other local banks. You can also open an account remotely with a power of attorney.
Benefits of a Business Bank Account in Georgia
- Accounts in multiple currencies like USD, EUR, and GBP.
- Access to company MasterCard and Visa cards.
- Ability to open an account without traveling to Georgia.
- Advanced online banking services.
Price: €490
Open a Personal Bank Account in Georgia
You can open a bank account in Georgia remotely, without the need to visit the bank in person. Simply provide a Power of Attorney from a local notary office and get it apostilled, and mailed to us along with a notarized copy of your passport. There is no minimum initial deposit required to open the account. Individuals from all countries, except those under sanction, are eligible to open a personal bank account in Georgia.
Benefits of a Personal Georgian Bank Account
- Strong Financial Stability Georgian banks are well-regulated, with high capital adequacy ratios around 16%, ensuring low risk and stability.
- Convenient Remote Access Accounts can be opened remotely with a Power of Attorney, a feature not widely available elsewhere, especially for non-residents.
- Attractive Interest Rates Earn up to 11% on local currency deposits, 4.5% in USD, and 1% in EUR. Deposit insurance is limited to GEL 15,000, but the banks' stability offers safety.
- Investment Opportunities Access local and international markets with competitive yields, including nearly 10% annually in USD bonds. We can assist with setting up an investment account.
Price: €490
Ready to Take Advantage of Georgian Banking Benefits?
Open your Georgian bank account today.