A corporate account for a company at a Georgian bank
Bank of Georgia / TBC — a multi-currency company account with internet banking and cards.
Price from
$320
Best for
Bank account opening
Timeline
1–2 weeks
Tax
—
Format
Remote and in person
The bank may require proof of real presence
Georgian banks increasingly require proof that the company genuinely operates in the country — an office, local staff or counterparties. Without it the account may be refused, or closed by the bank later.
The risk of opening remotely under a power of attorney
A representative under a notarised power of attorney gets full control of the account. Control can only be returned to the director by visiting the bank in person.
What the service includes
| Preparing and translating the company's document pack | |
| Accompanying you to the meeting with the banker, or arranging a power of attorney for the remote option | |
| Opening a multi-currency account (GEL, USD, EUR, GBP, CHF) | |
| Issuing corporate cards | |
| Setting up internet banking | |
| The company's bookkeeping and tax filings— billed separately | |
| Office rent, hiring staff and other costs of evidencing economic substance— billed separately | |
| The bank's service and SWIFT transfer fees— billed separately |
What we need from you
- 1The company already registered in Georgia
- 2The company's constitutional documents (translated into Georgian or English)
- 3The passport of the director or beneficial owner
- 4The director present at the bank in person, or a notarised power of attorney for a representative when opening remotely
Frequently asked questions
How long does opening take if the documents are ready?
With the director present and a fully prepared pack the process usually fits into 2 days; 3 days at most. Opening remotely under a power of attorney takes longer.
Which currencies can the account be opened in?
The multi-currency account is opened in lari (GEL), dollars (USD), euros (EUR) and pounds (GBP); some banks also offer accounts in Swiss francs (CHF).
What happens if the bank suspects the company isn't really trading?
The bank may ask for further supporting documents and, where economic substance is consistently unproven, block the account.
Bank account opening in Georgia: comparison
The difference is not the price — it is who each option suits. The “Best for” column is the business profile the option is built around.
| Option | Best for | Timeline | Price from |
|---|---|---|---|
| A personal multi-currency bank account in Georgia | Expats, freelancers, travellers | 1–7 days | $130 |
| The Solo card in Georgia (Bank of Georgia) | Paying for foreign subscriptions and services that Russian cards can't reach, a multi-currency card (USD/EUR/GEL/GBP/RUB) without opening a full account | ~9 weeks | $250 |
| A corporate account for a company at a Georgian bankyou are here | Companies genuinely operating in Georgia (an office, staff or clients), businesses that need to take B2B payments in several currencies, owners willing to come to Tbilisi in person to open the account | 1–2 weeks | $320 |
| Opening a bank account in Georgia — corporate, with a nominee director | People relocating, businesses and freelancers | 1–4 weeks | $440 |
| Opening a brokerage account in Georgia | Investors who need access to international stock markets, clients opening an account remotely under a power of attorney, without a visit to Georgia, portfolio holders considering Georgian bonds as part of diversification | 1–2 weeks | ≈ $585 |
Ready to start?
Send an enquiry — we will check your case and help you arrange “A corporate account for a company at a Georgian bank” in Georgia. No markup on top.