GOFIRM

Bank account opening

Opening a bank account in Georgia

Accounts at TBC Bank — for private wealth and for companies registered outside Russia. Individuals open an account entirely remotely, with no apostille and no visit. For a company, the segment — or — depends on whether it has operations.

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USD 500,000
Total balance for Wealth Management
No visit
Individuals open an account remotely
0.2%
Outgoing SWIFT; incoming — free of charge
1–2 weeks
A personal account with documents ready — usually, review included

This service in other countries

UAETurkeyHong KongChinaKazakhstan

In short

An individual opens a TBC Bank account fully remotely, with no apostille or visit: with documents ready it usually takes 1–2 weeks, review included. For a company the segment depends on whether it has operations; Wealth Management starts from a USD 500,000 total balance.

Checked 4 November 2026 · Elizaveta Germash

Georgia — an account without a visit for private wealth, and a bank for companies outside Russia

TBC Bank has no formal nationality restrictions. What decides is the absence of any sanctions link, and the final word always rests with the bank’s compliance team — so we assess your profile as a whole, not by passport.

  • The threshold is USD 500,000

    Wealth Management is for a total balance from USD 500,000. Opening and maintenance are free, and the cards are Visa Infinite and Mastercard World Elite.

  • No visit for individuals

    A questionnaire, passport and business CV, then video identification via . No apostille is needed; in-person identification is required only for turnover above USD 5 million.

  • Business activity determines the segment

    A company without operating activity goes to Wealth Management; an operating company goes to Corporate Banking. The latter is only for companies registered outside Russia.

  • Funds clear after a source check

    Accounts are usually opened within 1 working day after the review, and funds are credited once the bank confirms where they came from. The banker gives you a list of documents tailored to your transfer amount.

Expert tip

Deposits in Georgia are insured up to GEL 50,000 per depositor per bank — in any currency, paid out in lari; from 1 January 2027, the limit rises to GEL 100,000. For capital from USD 500,000, that covers only a small share — keep it in mind when placing funds.
Elizaveta GermashElizaveta GermashLawyer · Bank accounts

Banks

Banks where we open accounts

Terms reflect our practice as of October 2026. The final decision and fees are up to the bank.

TBC Bank

TBC Bank

Bank in Georgia · Wealth Management and Corporate Banking

An individual opens an account entirely remotely, with no apostille and no visit. A company needs original documents and a meeting with the director.

Open to
Individuals and companies; Corporate Banking — only companies outside Russia
Currencies
USD, EUR, GBP, CHF, AED, ILS and others
Wealth Management threshold
USD 500,000 total balance
Opening
Individuals — video identification; companies — a meeting with the director
Personal manager
Yes — the bank assigns a banker
Payments
Incoming SWIFT — 0; outgoing — 0.2%
  • The key condition is the absence of any sanctions link; the decision rests with the bank’s compliance team.
  • Payments go almost anywhere in the world, except Iran, North Korea and a number of African countries.
  • As a rule, accounts are opened within 1 working day after the review.

Who it suits

Who it suits — and when to choose something else

A good fit if

  1. 01You have a total balance from USD 500,000 and need a bank to hold and invest it.
  2. 02You need an account without a trip or an apostille — individuals only need video identification.
  3. 03You need all the major currencies: USD, EUR, GBP, CHF, AED, ILS and others.
  4. 04You have an operating company registered outside Russia — Corporate Banking suits it.
  5. 05You have a company without operating activity, such as a holding — Wealth Management serves it.
  6. 06You value free incoming SWIFT and no minimum turnover requirement.

Consider something else if

  1. 01Your total balance is under USD 500,000 — the Wealth Management route won’t work.UAE
  2. 02Your company is registered in Russia — Corporate Banking doesn’t serve such companies.
  3. 03You or your company have a sanctions link — this is the main criterion TBC’s compliance decides on.
  4. 04You need to pay Iran, North Korea or high-risk African countries — TBC doesn’t send payments there.

No-visit account

If TBC doesn’t fit — where else to open an account without a visit

Short of USD 500,000, or the director can’t meet the bank? These banks open accounts remotely: through us, by power of attorney or with originals sent by post. Terms are based on our practice as of October 2026; the decision always rests with the bank.

Open to

Individuals and companies

How it’s opened

Individuals — by video

companies — the director meets the bank

Currencies

All major ones

USD, EUR, GBP, CHF, AED, ILS and others

Benefits

What you get

A segment that fits your situation

We determine where to apply: Wealth Management for private wealth and companies without operations, or Corporate Banking for an operating company.

A coherent story for compliance

We prepare the questionnaire and business CV so the bank sees a consistent picture: experience, companies, origin of funds.

Video identification without surprises

We explain how the 15–30-minute Identomat session works and remind you of the main thing — you need your original passport.

Source of funds in advance

We gather source-of-funds evidence before applying, so you don’t have to hunt for it at the last stage of the review.

Company documents ready for the bank

Apostille or legalisation, originals, preparing the director for the in-person meeting with the bank — in one sequence.

Review progress in the client portal

Stages, bank requests and documents are in the client portal. You can see whose move it is.

Comparison

Wealth Management or Corporate Banking

The segment depends not on the company’s size but on whether it has operating activity. The final decision rests with TBC’s compliance team.

  • For whomWealth ManagementIndividuals and companies without operating activityCorporate BankingOperating companies registered outside Russia
  • Entry thresholdWealth ManagementUSD 500,000 total balanceCorporate BankingNo minimum turnover; terms at the bank’s discretion
  • Opening and maintenanceWealth ManagementFreeCorporate BankingPer the bank’s fee schedule — confirmed for your company
  • How it’s openedWealth ManagementIndividuals — remotely, with video identification; companies — apostille, originals and a meeting with the directorCorporate BankingApostille or legalisation, originals and an in-person meeting with the director
  • Compliance reviewWealth ManagementIndividuals — 2–5 working days, companies — 5–10Corporate Banking5–10 working days
  • Where to hold fundsWealth ManagementCurrent account, deposit or investments through Corporate BankingAn account for the company’s operating activity
  • PaymentsWealth ManagementIncoming SWIFT free, outgoing 0.2%, 1–2%Corporate BankingIncoming SWIFT free, outgoing 0.2%, FX spread 1–2%
  • CardsWealth ManagementVisa Infinite and Mastercard World EliteCorporate BankingConfirmed for your company

Let’s discuss the details

Which TBC segment is right for you?

Tell us about your capital, your company and your payment countries — we’ll tell you whether Wealth Management fits or you need Corporate Banking.

Who does what

An individual opens an account by video; a company needs the director to meet the bank

TBC’s procedure differs for individuals and companies. Timelines are based on our practice as of October 2026, counted from a complete set of documents; at every stage, the bank’s compliance team decides.

You
02

Questionnaire, passports, CV

A signed KYC questionnaire on the bank’s template, copies of all passports, a business CV — we check that the story is consistent.

up to 1 week
04

Identification

By video: an Identomat session via the bank’s link, with your original passport.

15–30 minutes
GOFIRM
01

Choosing the segment

We review your balance, sources of capital and payment countries before applying to the bank.

1–2 days
Bank
03

Compliance

TBC assesses the profile and sanctions risks.

2–5 working days
05

Accounts and bank details

The bank opens the accounts and issues the bank details; you set up the app, cards and Wealth Management services remotely.

usually 1 working day
06

Source of funds

Documents per the banker’s list; after the check, the money is credited.

1–5 working days

From you — a questionnaire, passport copies, a CV, source-of-funds documents and 15–30 minutes on a video call. No apostille or trip is needed; in-person identification is required only for turnover through the bank above USD 5 million, and then a bank representative may come to you.

Documents

What to gather for TBC — for an individual and a company

Information

Documents

Ready

0 / 10

An individual needs no apostille. For a company, the bank emails the full list after a positive compliance decision.

Timing and budget

What makes up the budget

At TBC, the budget is mainly payment and exchange fees. In Wealth Management, opening and maintenance are free, and there is no minimum turnover requirement.

  • Opening and maintenanceDepends onFree in Wealth Management with a total balance from USD 500,000. In Corporate Banking — per the bank’s fee schedule.WhenAt opening and monthly
  • Incoming SWIFTDepends onTBC charges no fee. The sender’s bank and correspondent banks may deduct their own.WhenPer transaction
  • Outgoing SWIFTDepends on0.2% of the amount, with a minimum of 15, 150 or 500 currency units under the general, individual and corporate tariffs respectively.WhenPer transaction
  • Currency exchangeDepends onFX spread of 1–2% when converting between account currencies.WhenPer transaction
  • Apostille or legalisationDepends onOnly for a company. An apostille if the country of registration is party to the Apostille Convention; the UAE is not, so a UAE company needs legalisation. Not required for an individual.WhenBefore applying

Getting it right

Common mistakes — and how to avoid them

Click a card to see how to do it right · 0 of 7 open

  1. 01 What people often do

    Applying for Wealth Management with a balance below USD 500,000 in the hope of an exception.

  2. 02 What people often do

    Planning on an apostille for a UAE company’s documents.

  3. 03 What people often do

    Writing a two-line business CV: “entrepreneur, many years in business”.

  4. 04 What people often do

    Putting an operating company into Wealth Management to get around Corporate Banking requirements.

  5. 05 What people often do

    Submitting the company’s initial application without figures: “there will be lots of transactions, turnover is growing”.

  6. 06 What people often do

    Judging your chances by nationality: “they’ll open with this passport” or “they won’t”.

  7. 07 What people often do

    Hunting for source-of-funds evidence after the bank has already asked for it.

FAQ

Expert answers

Elizaveta Germash — Bank accounts

For an individual, yes — entirely remotely: a questionnaire, passport copies and a business CV, then video identification via Identomat with your original passport. No apostille is needed. In-person identification is required only for turnover through the bank above USD 5 million, and then a bank representative may come to you. A company can’t avoid a meeting: the director meets the bank in person and hands over the originals.

Elizaveta Germash · Bank accounts

Sources

  1. Deposit Insurance Agency of Georgia — how much is insured
  2. Deposit Insurance Agency of Georgia — who is insured
  3. Deposit Insurance Agency of Georgia — FAQ
  4. Deposit Insurance Agency of Georgia — news
  5. HCCH — Apostille Convention status table
  6. Halyk Bank Georgia — deposit insurance system

Deadlines, amounts and rules are based on these sources as of the check date. Rules change: check with us before deciding.

News & insights

Related reading

Guide6 November 2026

How to open a Georgia bank account as a non-resident or company in 2026

A non-resident with at least USD 500,000 in total balance opens a personal account at TBC Bank without travelling — by video call, while a company needs its director to meet the bank in person. The 2026 news: Georgia’s Deposit Insurance Agency has decided to double deposit insurance — up to GEL 100,000 from 1 January 2027.

No visit · a non-resident individual with USD 500,000+ opens an account by video

Often goes with this

What else you may need

Bank Accounts

UAE

2–8 weeks · To open a corporate account

Bank Accounts

Turkey

4 banks · Emlak Katılım, VakıfBank, İşbank and Ziraat

Company Registration

Holding & SPV

common law · ADGM and DIFC law

Next step

A TBC account — personal or corporate?

Tell us about your balance, your company and your payment countries. We’ll tell you which segment fits and prepare the questionnaire, business CV and documents.

Elizaveta GermashElizaveta GermashLawyer · Bank accounts
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