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Georgian bank comparison
FreeTBC · BOG · Liberty · Credo · Basis — fees, SWIFT, and foreigner-friendliness side-by-side.
What matters most to you?
| Bank | Opening difficulty | Monthly fee | SWIFT outbound | Currencies | Best for |
|---|---|---|---|---|---|
| TBC | Hard In-person only | 0–15 GEL/mo | ~$30/wire In-person visit required — no remote opening | GELUSDEURGBP | Long-term residents and established businesses |
| BOG | Moderate Remote possible | 0–15 GEL/mo | $35/wire (SOLO Premium) SOLO Premium: $105/year → $35 flat per SWIFT + personal banker + lounge access | GELUSDEURGBP | SWIFT-heavy users — SOLO Premium ($105/yr) is the best value for regular wires |
| Liberty | Moderate In-person only | 1.5–14.5 GEL/mo | ~$25/wire | GELUSDEUR | Cost-conscious residents and permanent movers Typically requires proof of intended Georgian residence |
| Credo | Easy In-person only | 0 GEL/mo | Available | GELUSDEUR | New arrivals and first-time applicants — lowest documentation bar ₾30/month inactivity fee if no Georgian transactions for 3+ months |
| Basis | Easy Remote possible | Varies | Available | GELUSDEUR | Applicants rejected by TBC/BOG — flexible KYC, good multicurrency support |
If TBC and BOG reject you, Credo or Basis Bank are the documented fallbacks — lower documentation bar and more flexible KYC. Once you have 6+ months of Georgian banking history, returning to TBC or BOG is easier.
BOG remote opening requires a Power of Attorney, notarised and apostilled passport copy, and a bank introduction letter — it's possible but not simple.
Fees, KYC requirements, and bank policies change frequently. Data last reviewed Q2 2026. Verify current details directly with each bank before making a decision. Not financial advice.