By power of attorney
Without travelling, a representative with a notarised, apostilled power of attorney can open it. This usually takes a few weeks.
Opening a bank account in Georgia. What foreigners should know.
In short
You don't need a Georgian account to buy an apartment; you can transfer from abroad. Owners who rent out, pay running costs or visit often usually open one. Non-resident foreigners can open an account at large banks such as TBC or Bank of Georgia, in a branch or through a representative with power of attorney.
How to open an accountGeorgian accounts usually hold lari, US dollars and euros side by side.
Buying remotelyProcess
Opening an account in four steps.
The usual route when opening in person.
- 1
Choose a bank
Compare fees, English online banking and cards.
- 2
Bring documents
Passport and, depending on the bank, proof of income or source of funds.
- 3
Fill in the questionnaire
The bank asks about the account's purpose, income and expected turnover.
- 4
Review and activation
After the bank's review you receive the account number, card and online access.
Refusal possible
Banks can refuse applications, for example if the source of funds is unclear. Good documents help.
Frequently asked questions
Questions about bank accounts.
Whether you need one, requirements, opening online and currency.
Do I need a Georgian account to buy?
No. You can transfer the price from your account at home.
Can a non-resident foreigner open an account?
Yes, this is common at the large banks. The bank decides after its own review.
Can I open it online?
Usually not fully online. Without travelling, a representative with power of attorney can do it.
Which currency should the account be in?
Usually several currencies side by side. Rents in Georgia are often paid in US dollars or lari.
Last reviewed on November 1, 2026. Sources: National Bank of Georgia, Information from TBC Bank and Bank of Georgia. This guide is not legal or tax advice.
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