The 10 Best Banks for a Business Account in Tbilisi

Opening is usually free or close to it. Liberty and Terabank publish free account opening for companies, Bank of Georgia opens business accounts online at no charge, and Cartu lists 10 GEL to open plus 10 GEL a year to maintain. Running costs are where the money is, roughly 5 to 15 GEL a month in maintenance, 75 to 150 GEL a year for a business card, and 30 to 100 GEL a month if you take a packaged plan like ProCredit's. International wires typically cost 0.20 to 0.25 percent with a minimum of about 15 to 30 USD. Tariffs change often, so read the bank's own fee page before you sign.

Mostly no, and you should be suspicious of anyone who promises otherwise. TBC and Bank of Georgia both expect the director in the branch, and the appointment itself takes 30 to 40 minutes if the file is complete. Liberty is the clearest exception, registering business accounts remotely through its own portal. The other route is a notarised and apostilled power of attorney, which realistically takes two to three weeks once you count translation, courier time and bank review, and still gets declined for some profiles.

There is no bank that says yes to everyone, and every Georgian bank can refuse without giving a reason. In practice Credo and Terabank are reported as the lightest touch, Basisbank and Liberty sit in the middle, and Bank of Georgia and TBC apply the heaviest screening because they carry the most correspondent banking risk. The profile matters more than the bank. A Georgian-registered LLC with a local address, a real customer list and documented income clears almost anywhere, while a non-resident company with no Georgian substance is a hard sell everywhere.

Yes. Business accounts in Georgia are only available to entities registered here, meaning an LLC, an Individual Entrepreneur, a partnership or a branch of a foreign company. Registration at the Public Service Hall takes one to two working days, and TBC now runs registration inside about 20 Tbilisi branches so both steps can happen in one visit. Note that since March 2026 foreign nationals registering as Individual Entrepreneurs need a labour permit, and banks have started asking for it during onboarding.

Not for this decision. A Georgian bank carries thousands of reviews written by retail customers about branch queues, card replacements and pension collection, none of which tells you how the corporate onboarding desk treats a foreign director. A bank with a mediocre public score can run an excellent business banking unit, and the reverse is just as common. Use the ratings as a rough read on branch service, then judge business banking on the published tariff, the app, and what the compliance team asks you for.

It depends on how ordinary your case is. If you hold a Georgian residence card, run a plain consulting business and have your registration extract and contracts in order, walking in yourself is genuinely fine. Paying 500 to 1,200 GEL makes sense when you have no Georgian phone number yet, no local address, income from a jurisdiction banks treat as high risk, crypto in your history, or one shot at the appointment because you fly out on Friday. What you are buying is document preparation, the Georgian-language conversation at the desk, and someone who knows which bank is currently saying yes.