Georgia is one of the most accessible banking jurisdictions for non-resident company owners. Here's a practical NRI guide for 2025.
Why Georgia Banking is NRI-Friendly
Unlike Western European banks that have become increasingly restrictive for non-residents, Georgian banks are generally more accessible and pragmatic in their approach to non-resident business accounts. This is partly by design — Georgia actively courts foreign investment and its banking sector reflects this openness.
Top Banks for Georgia Company Accounts
TBC Bank
Georgia's largest bank and the most NRI-friendly option. TBC Bank offers online account opening for non-residents, multi-currency accounts (GEL, USD, EUR, GBP), and a well-designed mobile banking app. TBC is particularly strong for Virtual Zone and tech companies. Timeline: 1–2 weeks.
Bank of Georgia
Georgia's second-largest bank, listed on the London Stock Exchange. Bank of Georgia offers comprehensive business banking services including trade finance, FX, and international wire transfers. Strong for businesses with significant international transaction volumes. Timeline: 1–2 weeks.
Credo Bank
A smaller bank focused on SME and microfinance. Good for smaller businesses and startups. More flexible in its approach to non-resident account opening. Timeline: 1–2 weeks.
KYC Documents Required
- Certified copy of passport (all directors and shareholders)
- Proof of residential address (max 3 months old)
- Certificate of Incorporation (from NAPR)
- Virtual Zone certificate (if applicable)
- Source of funds declaration
- Business description and anticipated transaction volumes
- UBO declaration
Can I Open an Account Remotely?
TBC Bank and Bank of Georgia both offer remote account opening for non-residents with proper documentation. Some accounts may require a video call for identity verification. Blueberry's partners can facilitate in-person account opening in Tbilisi if required.
Blueberry's Banking Introduction Service
Blueberry prepares your complete KYC package and makes warm introductions to our Georgia banking partners. Our Georgia package includes banking introduction →
Also read: Complete Guide to Georgia Company Formation | Georgia Virtual Zone Guide | Annual Compliance for Your Georgia Company