Set up · Service 06 of 18
Bank account opening in Georgia
A corporate account, or a personal account for a non-resident, with a Georgian bank.
Banks decide on every account after their own compliance review. We choose suitable banks for your profile, prepare the compliance file, book the meeting or arrange remote onboarding where available, and accompany you through the bank's questions until a decision.
What Georgian banks check before opening an account
Georgian banks apply anti-money-laundering rules to every new client. For a company they need to see who owns and controls it, down to the ultimate beneficial owners, where its money comes from, how the business earns, and how it is connected to Georgia: its clients, its suppliers and the countries its payments will come from and go to.
A consistent file is the fastest route to a decision: the registry extract and charter, the passports of the director and the shareholders, a short description of the business with its expected turnover, and evidence of the source of funds; the documents of a corporate shareholder must be apostilled and translated. Delays usually come from unclear ownership chains, payments connected with higher-risk jurisdictions, or a business description that does not match the documents. Accounts are usually opened in lari, US dollars and euros together, and personal accounts for non-residents usually require a visit to a branch.
Who it is for
- Newly registered Georgian companies
- Non-resident individuals
- Foreign-owned companies changing banks
What is included
- Advice on suitable banks
- Preparation of the compliance file
- Accompaniment at the bank or remote coordination
- Follow-up until a decision
- Internet banking set-up
Not included
- The bank's tariffs
- A guarantee of approval
- Translation of extensive foreign documents
How it works
Profile review
File preparation
Meeting or remote onboarding
Account activation
Timeline: 1–10 working days, depending on the bank
Fees
Our professional fee
from $350
Professional fees in US dollars, excluding government fees, notary, translation and apostille costs.
Government fees (paid to the state)
No registry fee for this service. Any other official fees are passed on at cost.
Documents we will need
- Passport
- Registry extract (company accounts)
- Information on the source of funds
- Description of the business and its counterparties
Questions about this service
Can a non-resident open an account?
Yes, subject to the bank's compliance review. Individuals are usually asked to attend in person; some banks onboard companies remotely.
Why do banks ask so many questions?
Georgian banks apply anti-money-laundering rules: they must understand ownership, the source of funds and the business model. A complete, consistent file shortens the review.
Which currencies can the account hold?
Georgian banks usually open accounts in lari, US dollars and euros together; other currencies depend on the bank.
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