Banking in Georgia: How Bank of Georgia Supports Global Entrepreneurs

Why Bank of Georgia Is a Top Choice for International Business Transfers

When launching a company in Georgia, choosing the right bank is a crucial decision. For many international entrepreneurs and digital businesses, Bank of Georgia consistently stands out as a reliable, fast, and accessible financial partner. Here's why.

Trusted by Locals and Foreigners Alike

Bank of Georgia (BOG) is one of the country's largest and most established financial institutions. With a strong reputation for innovation, customer service, and digital infrastructure, it's often the go-to choice for both local companies and foreign-owned businesses.

Whether you're forming an Individual Entrepreneur (IE) or a Limited Liability Company (LLC), opening a business account with BOG is straightforward—especially with the right support during your company registration process.

Fast International Transfers with Global Reach

One of the standout advantages of banking with Bank of Georgia is its efficiency in receiving international wire transfers. Thanks to a network of trusted intermediary banks in Europe, the U.S., and elsewhere, most international payments are:

• Delivered within hours (same day or next day)
• Cost-effective, with lower transfer fees than regional alternatives
• SEPA and SWIFT compatible, ensuring smooth incoming EUR, USD, and GBP transactions

In many cases, transfers from Europe via SEPA are credited within hours, not days.

This speed and reliability is especially valuable for freelancers, consultants, and SaaS entrepreneurs who regularly receive client payments from abroad.

Transparent Fees and Modern Banking Tools

Bank of Georgia offers a range of business accounts tailored for different company structures and volumes. Clients enjoy:

• Online banking in English
• Multi-currency accounts (GEL, EUR, USD, GBP)
• Competitive monthly account maintenance fees
• Mobile app access with real-time payment tracking

Ideal for Global Entrepreneurs

For startups, remote teams, and service providers targeting global markets, BOG provides a strong foundation. You can invoice clients in EUR or USD, receive payments efficiently, and reinvest in your Georgian company with minimal friction.

Need Help Opening an Account?

At StartGE, we guide our clients through the entire process—from company registration to setting up your bank account. Our team works directly with leading banks like BOG to ensure your application is accurate, compliant, and approved quickly.

Start your company today or contact our team to learn more about bank account setup and financial services in Georgia.