Bank of Georgia is one of the largest and most established financial institutions in the country. Anyone wanting to open a Bank of Georgia account previously had to travel to Tbilisi. The remote procedure via a power of attorney changes that fundamentally. This guide shows how to open a Bank of Georgia account without leaving your own living room.
Why Bank of Georgia?
Before we explain how you can open a Bank of Georgia account, it is worth looking at the bank itself. Bank of Georgia is one of the oldest and most capital-strong institutions in the country, listed on the London Stock Exchange and deeply anchored in the Georgian economy. For private clients it offers, under the SOLO brand, a premium segment with its own service area, modern online and mobile banking and personal support.
For German-speaking clients, the combination of stability and digital usability is especially attractive. Mobile banking is available in English, the cards can be used internationally via VISA and Mastercard, and the account is a fully fledged multi-currency account.
Open a Bank of Georgia account: the two routes
In principle there are two ways to open a Bank of Georgia account: in person on site or remotely by power of attorney.
| Aspect | On site in Tbilisi | Remote via CMC |
|---|---|---|
| Travel | Required | No travel needed |
| Power of attorney | Organise yourself | Prepared by CMC |
| Bank communication | Often in Georgian/English | By CMC, in English with the bank |
| Card handover | Collect in Tbilisi | Courier shipping to your home |
| German-speaking support | Rather not | Throughout |
Which documents you need to open a Bank of Georgia account
To open a Bank of Georgia account remotely, we need a manageable set of documents from you:
- A clearly legible, valid passport copy
- An apostilled power of attorney (you receive the template from us)
- A short CV in German or English
- A brief description of the intended account purpose
The apostille is an international form of authentication under the Hague Convention. In Germany, depending on the document, it is issued by the regional or government authorities or notary chambers. Allow a few working days for this – in our experience it is the step that needs the most lead time.
Step by step: how we open your Bank of Georgia account
The whole process to open a Bank of Georgia account breaks down into five stages:
- Order: You sign our offer and send us your passport copy.
- Documents: You have the power of attorney we provide notarised and apostilled and send it to us.
- Opening: We open the SOLO account on site at Bank of Georgia in Tbilisi.
- Shipping: Your VISA/Mastercard card and the documents go by courier to your chosen address.
- Use: Online and mobile banking are activated; your account is ready to use.
What it costs to open a Bank of Georgia account
The one-off cost for remote opening via CMC is EUR 750 plus VAT. Added to this is EUR 120 in courier costs for the worldwide shipping of your cards and documents. There are no ongoing costs on the part of CMC. The bank's account-maintenance fees follow the prevailing tariff of Bank of Georgia and are not part of our offer.
A realistic note in advance: the final account opening lies at the discretion of the bank. Nobody – including us – can guarantee an opening. What we do is carefully prepare your profile so your application has the best possible starting position.
Common questions about speed
Many prospects who want to open a Bank of Georgia account ask about the timeline. In our experience, the time-critical factor is not the bank but obtaining the apostilled power of attorney. As soon as all documents are complete with us, the actual opening proceeds in a structured, supported way. Throughout the process you have a personal contact reachable in German via WhatsApp and email.
To open a Bank of Georgia account is therefore no longer a bureaucratic adventure but a clearly structured procedure – with you at your desk and us on site in Tbilisi.
Open a Bank of Georgia account: the documents required
Anyone wishing to open a Bank of Georgia account should have four things ready. First, a clearly legible, valid passport copy. Second, the apostilled power of attorney, whose template you receive from us. Third, a short CV in German or English. And fourth, a concise, honest description of the intended account purpose. These four building blocks form the foundation of every successful application review.
| Document | Form | Note |
|---|---|---|
| Passport copy | Colour copy/scan | valid, fully legible |
| Power of attorney | notarised + apostille | template by CMC |
| Short CV | DE or EN | tabular is enough |
| Account purpose | short description | honest and concrete |
Common stumbling blocks when opening a Bank of Georgia account
From our daily work we know the typical delays. An incompletely apostilled power of attorney is the classic one – the apostille is mandatory, otherwise the document is not recognised abroad. Equally problematic are vague statements about the account purpose. Whoever writes "private" invites follow-up questions; whoever states "receiving consulting fees in EUR and USD" creates clarity.
Have the power of attorney notarised and apostilled in one go. Anyone who separates the two steps and lets weeks pass in between loses exactly the time they wanted to save when opening a Bank of Georgia account.
One final point: the final decision on opening the account is always made by the bank. We can prepare the application as well as possible and assess your profile beforehand – a guaranteed yes does not exist anywhere in international banking, and anyone who promises it should make you suspicious. That is precisely why we honestly check in advance whether opening a Bank of Georgia account is realistic in your specific case.
Open a Bank of Georgia account: realistic expectations
Anyone wishing to open a Bank of Georgia account should understand the process for what it is: a carefully supported application, not an automatic procedure. The bank reviews each profile independently and decides by its own criteria. Our task is to make this review as smooth as possible – through complete documents, a clean power of attorney and a clear presentation of your case. False promises are not part of that. Especially in international banking, seriousness can be recognised by the fact that nobody sells a guaranteed result. Anyone who assures you of a hundred-percent success rate should make you suspicious.
Before we open a Bank of Georgia account, we assess your profile honestly. If the opening appears unrealistic, we say so openly – instead of charging a flat fee for a hopeless application.
Frequently asked questions about Open a Bank of Georgia account
Can I really open a Bank of Georgia account without travelling?
Yes. Via an apostilled power of attorney, we open the account in your name on site. You yourself do not have to travel to Georgia.
What does the remote account opening cost?
The one-off cost is EUR 750 plus VAT plus EUR 120 in courier costs. There are no ongoing CMC costs.
How long does it take to open a Bank of Georgia account?
The time-determining factor is usually obtaining the apostilled power of attorney. Once all documents are available, the opening proceeds quickly and with support.
Do I get a real bank card?
Yes, you receive a fully fledged VISA/Mastercard debit card, which we send by courier to your chosen address.