Overview
Bank of Georgia, at a glance.
Bank of Georgia is a bank headquartered in Georgia, regulated by National Bank of Georgia. Business accounts cost from GEL 0 a month. Opening an account takes 3–5 days.
JSC Bank of Georgia is a licensed Georgian bank. Since 1 April 2026 deposits are insured by the Deposit Insurance Agency of Georgia up to GEL 50,000 per depositor.
Why businesses pick Bank of Georgia
- Packages from GEL 0, with a Starter pack free for six months
- One account holds GEL, USD, EUR and other currencies
- Visa, Mastercard and American Express business cards, including digital cards
- 24/7 phone support
- Accepts individual entrepreneurs and freelancers as well as companies
Watch out for
- SWIFT payments cost 0.2% (minimum USD 15 or EUR 15) on the smaller packages
- Card payments in other currencies cost 2%
- Online opening is for Georgian businesses whose representative is already a customer
- Companies or representatives tied to countries the bank deems high-risk can be refused
- Trustpilot score of 1.8
Business fit
Will Bank of Georgia accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Bank of Georgia's published rules
Needs review
Bank of Georgia works with Startups and SMEs, but does not publish the countries it accepts companies from.
Bank of Georgia does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Bank of Georgia publishes about the businesses it takes on.
Who Bank of Georgia serves
- Startups and SMEs
- Import and export
- E-commerce
- Freelancers
Not supported
Industries and countries Bank of Georgia does not accept, from its own published lists.
Industries
- Acts/actions related to terrorism
- Drug-related offences
- Offences against public security and order
- Offences against cultural heritage
- Offences against the rules of environmental protection and use of natural resources
- Offences against human rights and freedoms
- Offences against public health and public morals
- Offences against entrepreneurial or other economic activity and offences in the monetary and credit system
- Acts related to money laundering, fraud, financing of terrorism or/and other types of financial offences
- Offences related to bribery or/and corruption
- Manufacture/trade of weapons (unless such trade is the Customer's principal activity)
- Manufacture/trade of radioactive materials (except for medical or/and quality control equipment)
- Manufacture/trade of asbestos fiber (unless the Bank expresses its consent to a certain type of activity or/and products)
- Manufacture/trade of species of tropical forests or other flora and fauna prohibited by the Legislation (including fishing by prohibited methods)
- Use of minors and forced labor in the course of its business activity
- Violating the Terms and Conditions Relating to Sanctions
Countries
- Not published
Coverage
Where can you use Bank of Georgia?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
GEL, USD, EUR and more
- EUR
- USD
- GBP
- CHF
- CAD
- JPY
- CNY
- GEL
- TRY
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Limited liability companies and other legal entities, Individual entrepreneurs
Pricing
What does Bank of Georgia cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Free
Monthly fee
GEL 0–50
depends on plan
Starter
Lowest costGEL 0 per month
GEL 0 setup · GEL 0 in year one
Set S
GEL 10 per month
GEL 0 setup · GEL 120 in year one
Set M
GEL 20 per month
GEL 0 setup · GEL 240 in year one
Set L
GEL 50 per month
GEL 0 setup · GEL 600 in year one
Transaction fees
| Cost | Starter | Set S | Set M | Set L | How it is charged |
|---|---|---|---|---|---|
| Outgoing | |||||
| SWIFT / international | 0.2%, min $15 | 0.2%, min $15 | 0.2%, min $10 | $15 | Percentage, with a minimum charge · USD; maximum USD 500; EUR the same in euros |
| To another Bank of Georgia account | GEL 1–100 | GEL 1–100 | GEL 1–100 | GEL 1–100 | Fixed fee; varies by plan · GEL transfers in digital channels, by amount |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | Not published |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Physical card issue | GEL 20 | Fixed fee · Mastercard or Visa Business, per year; digital card GEL 5 |
| Card FX | 2% | Percentage of the amount |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is Bank of Georgia a bank?
Yes. JSC Bank of Georgia holds commercial bank licence 86 from the National Bank of Georgia. It belongs to Lion Finance Group PLC, which also owns Ameriabank in Armenia. Deposits are insured up to GEL 50,000.
How much does a Bank of Georgia business account cost?
The Starter pack is free for six months; Set S costs GEL 10 a month (GEL 5 for individual entrepreneurs), Set M GEL 20 and Set L GEL 50. Without a package, account service costs GEL 5 a month.
How much do international payments cost?
SWIFT payments in USD or EUR cost 0.2% with a minimum of 15 (10 on Set M) and a maximum of 500; Set L pays a flat 15. A guaranteed full-credit payment costs 0.3%.
Which currencies can a Bank of Georgia business account hold?
GEL, USD, EUR and other currencies in one account; the fee schedule names GBP, CHF, CNY, TRY, JPY and CAD.
Alternatives
How Bank of Georgia compares.
If Bank of Georgia is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 Bank of GeorgiaThis pageBank |  | GeorgiaMulti-currency |
 TBC BankBank |  | Expat-friendlyMulti-currency |
 AmeriabankBank |  | Non-residents accepted13 currencies |
 Wise BusinessE-money institution |   | Low FX costsStandard businesses |
 Revolut BusinessBank |  | Cards and spend controlsStartups and SMEs |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.