Business Plan
Business Plan for Individuals
Product / Service | Business Plan Yellow (for Individuals) | Business Plan Purple (for Individuals) | Business Plan Blue (for Individuals) | Standard Terms and Conditions | ||||
Monthly 2 GEL/ Annual 20 GEL | Monthly 5 GEL/ Annual 50 GEL | Monthly 10 GEL/ Annual 100 GEL | ||||||
Business Club Visa Gold | free | free | free | The product/ service is not available independently, without the subscription plan | ||||
Cash withdrawal from TBC and partner banks' ATMs | free | free | free | The product/ service is not available independently, without the subscription plan | ||||
Cash withdrawal from other banks' ATMs | 2%, min. 3 USD/EUR/GBP or 6 GEL | 2%, min. 3 USD/EUR/GBP or 6 GEL | 2%, min. 3 USD/EUR/GBP or 6 GEL | The product/ service is not available independently, without the subscription plan | ||||
ATM withdrawal limit | daily | 5,000 | daily | 15,000 | daily | 20,000 | The product/ service is not available independently, without the subscription plan | |
weekly | N/A | weekly | 75,000 | weekly | 80,000 | |||
Purchase limit | daily | 10,000 | daily | N/A | daily | N/A | The product/ service is not available independently, without the subscription plan | |
weekly | 70,000 | weekly | 100,000 | weekly | 100,000 | |||
Cash withdrawal from subscription plan card account in TBC Bank branches | <= 3,000 GEL - 2%, min. 2 GEL | <= 3,000 GEL - 2%, min. 2 GEL | <= 3,000 GEL - 2%, min. 2 GEL | <= 3,000 GEL - 2%, min. 2 GEL | ||||
<=1000 USD/EURO/GBP - 2% , min. 1 USD/EURO/GBP | <=1000 USD/EURO/GBP - 2% , min. 1 USD/EURO/GBP | <=1000 USD/EURO/GBP - 2% , min. 1 USD/EURO/GBP | <=1000 USD/EURO/GBP - 2% , min. 1 USD/EURO/GBP | |||||
>3000/ >1000 USD/EURO/GBP - 0,6 % | >3000/ >1000 USD/EURO/GBP - 0,6 % | >3000/ >1000 USD/EURO/GBP - 0,6 % | >3000/ >1000 USD/EURO/GBP - 0,6 % | |||||
External transfers in GEL | <=500 GEL | free | <=1000 GEL | Free | 1 GEL fixed | 0.07% min. 0.9 GEL, max. 100 GEL | ||
> 500 GEL | 0,07%, max. 100 GEL | > 1000 GEL | 0,07%, max. 100 GEL | |||||
External transfers in foreign currency | − | − | USD | Fixed 15 USD | USD | 0.2% მინ. 15 USD, მაქს. 500 USD | ||
Other foreign currency | Fixed 15 EUR/ 15 EUR equiv. | Other foreign currency | 0.2% მინ. 15 EUR, მაქს. 500 EUR | |||||
Utility payments in digital channels | 5 Payment-free | 5 Payment-free | 5 Payment-free | 5 Payment - 2,5 GEL | ||||
SMS service | free | free | free | 1 GEL monthly | ||||
Digipass application | free | free | free | 10 GEL |
Business Plan for Companys
Product / Service | Business Plan Startaper (for Companys) | Business Plan Yellow (for Companys) | Business Plan Purple (for Companys) | Business Plan Blue (for Companys) | სტანდარტული პირობები | |||||
Monthly 5 GEL | Monthly 10 GEL/ Annual 100 GEL | Monthly 20 GEL/ Annual 200 GEL | Monthly 50 GEL/ Annual 500 GEL | |||||||
Business Club Visa Business | free | free | free | free | The product/ service is not available independently, without the subscription plan | |||||
Cash withdrawal from TBC and partner banks' ATMs | 0,2 % | free | free | free | The product/ service is not available independently, without the subscription plan | |||||
Cash withdrawal from other banks' ATMs | 2%, min. 3 USD/EUR/GBP or 6 GEL | 2%, min. 3 USD/EUR/GBP or 6 GEL | 2%, min. 3 USD/EUR/GBP or 6 GEL | 2%, min. 3 USD/EUR/GBP or 6 GEL | The product/ service is not available independently, without the subscription plan | |||||
ATM withdrawal limit | daily | 20,000 | daily | 5,000 | daily | 15,000 | daily | 20,000 | The product/ service is not available independently, without the subscription plan | |
weekly | 75,000 | weekly | N/A | weekly | 75,000 | weekly | 80,000 | |||
Purchase limit | daily | N/A | daily | 10,000 | daily | N/A | daily | N/A | The product/ service is not available independently, without the subscription plan | |
weekly | 120,000 | weekly | 70,000 | weekly | 100,000 | weekly | 100,000 | |||
Cash withdrawal from subscription plan account in TBC Bank branches | <= 3,000 GEL - 2%, min. 2 GEL | <= 3,000 GEL - 2%, min. 2 GEL | <= 3,000 GEL - 2%, min. 2 GEL | <= 3,000 GEL - 2%, min. 2 GEL | <= 3,000 GEL - 2%, min. 2 GEL | |||||
>3000 - 0,2 % | >3000 - 0,2 % | <=1000 USD/EURO/GBP - 2% , min. 1 USD/EURO/GBP | <=1000 USD/EURO/GBP - 2% , min. 1 USD/EURO/GBP | <=1000 USD/EURO/GBP - 2% , min. 1 USD/EURO/GBP | ||||||
− | − | >3000 - 0,2 %; >1000 USD/EURO/GBP - 0,6 % | >3000 - 0,2 %; >1000 USD/EURO/GBP - 0,6 % | >3000 - 0,2 %; >1000 USD/EURO/GBP - 0,6 % | ||||||
Opening current account in GEL | free | free | free | free | 10 GEL | |||||
Opening current account in Foreign Currency | − | − | − | free | 10 GEL | |||||
External transfers in GEL | 0.07% min. 0.9 GEL, max. 100 GEL | <=500 GEL | Free | <=1000 GEL | Free | 1 GEL fixed | 0.07% min. 0.9 GEL, max. 100 GEL | |||
> 500 GEL | 0,07%, max. 100 GEL | > 1000 GEL | 0,07%, max. 100 GEL | |||||||
External transfers in foreign currency | − | − | − | USD | Fixed 15 USD | USD | 0.2% min. 15 USD, max. 500 USD | |||
Other foreign currency | Fixed 15 EUR/ 15 EUR equiv. | Other foreign currency | 0.2% min. 15 USD, max. 500 USD | |||||||
Visa Business card | − | − | − | free | 150 ლარი | |||||
Utility payments in digital channels | 5 Payment-free | 5 Payment-free | 5 Payment-free | 5 Payment-free | 5 Payment - 2,5 GEL | |||||
SMS service | free | free | free | free | 1 GEL monthly | |||||
Internet Bank | free | free | free | free | 15 GEL quarterly | |||||
Digipass application | free | free | free | free | 20 GEL |
Accounts
Current account opening | Free* |
Current account maintenance | 0 GEL, monthly |
Cash withdrawals from current account | GEL - 0.2%; Other currency (USD/EUR/GBP/CHF) - <50,000 USD - 0.6%, >= 50,000 USD - 0.5% |
Cash deposits to current account | Free |
Savings account opening and maintenance | Free |
Transfers and currency exchange
GEL | USD | Other Currency | ||||
Transfers within TBC Bank between own accounts (any currency) | Free | |||||
To other banks* | 0.07% min. 0.9 GEL | 0.2% min. 15 USD, max. 500 USD | 0.2% min. 15 EUR, max. 500 EUR | |||
State budget transfers | 0.07% min. 0.9 GEL | - | - | |||
Transfer limits (using Internet, Mobile, iPad banking) | Unlimited, using digipass | |||||
Amendment to payment order/investigation | ||||||
USD | 55 USD | |||||
Other currency | 55 EUR | |||||
Utility payment from branch | 2 GEL | |||||
Utility payment using internet banking, mobile banking | 0.5 GEL | |||||
Currency exchange with TBC Bank's rates - upon request | Free | |||||
Currency exchange with one day prior notification | In accordance with treasury department |
1 – The recipient will receive the full amount transferred if extra 20 USD/30 EUR is paid. Otherwise, the intermediary bank's fee will be deducted from the transferred amount.
Rounding rules for cash payments.
In compliance with Decree #7 of 5 October, 2018 of the Council of the National Bank of Georgia "On the Approval of the Rounding Method for Cash Payments and the Rule for Using the Method", from 1 January 2019, the rounding method will apply to currency exchange through cash transactions, i.e. the charged amount will be rounded up or down to the nearest multiple of 5.
For more details and examples, please visit the National Bank of Georgia's website https://www.nbg.gov.ge/index.php?m=714
Money transfer details and working hours
GEL Payment
- For GEL payments, you need the following details:
- Code of the receiving bank;
- Recipient's account number (IBAN);
- Recipient's name;
- The order will be accepted during the working hours of the respective branch.
- Internal GEL transfers will be executed as of the same date if the GEL payment order is placed
- Before 20:00 on weekdays;
- Before 14:00 on Saturday
The Bank will transmit the external GEL payment to the respective receiving bank if the GEL payment order has been placed
- Before 17:30 on weekdays
Note: After the indicated hours, as well as on non-business days, internal and external GEL payment orders accepted at service centres on duty and 24/7 service centres will be executed as of the subsequent date.
Foreign Currency Payments:
You will need the following details to carry out a foreign currency payment:
- Code of the receiving bank;
- Recipient's account number (IBAN);
- Recipient's name;
- A document providing a lawful basis for the transfer/invoice (amount ≥ 100 000 GEL/equivalent in national currency
Foreign currency payment orders will be accepted during the working hours of the respective branch.
Internal foreign currency transfers will be executed as of the same date if the foreign currency payment order is placed
- Before 20:00 on weekdays;
- Before 14:00 on Saturday
The Bank will transmit the external foreign currency payment to the respective receiving bank if the foreign currency payment order has been placed
- Before 19:00 on weekdays
Note: After the indicated hours, as well as on non-business days, internal and external foreign currency payment orders accepted at service centres on duty and 24/7 service centres will be executed as of the subsequent date.
Correction of transfer/inquest |
|
USD or RUR |
55 USD |
Other currency |
55 EUR |
Bmatch platform service
- Minimum amount: 100 000 USD, with 10 000 USD bids
- Application currencies: USD/GEL
- Amount must be deposited in account at the time of filing an application
- One can choose the exchange rate
Application filing fee |
100 GEL |
Application modification fee |
100 GEL |
Application cancellation fee |
100 GEL |
Per transaction settlement fee – GEL |
0.07% |
Per transaction settlement fee – USD |
0.2% maximum 500 USD |
Remote services
Standard |
Startups* |
|
Internet banking registration fee |
Free |
Free |
Internet banking quarterly fee |
15 GEL |
15 GEL |
Internet banking quarterly fee for viewer-only access |
Free |
Free |
TBC DIGIPASS application initial registration fee |
20 GEL |
Free |
TBC DIGIPASS application repeated installation fee |
Free |
Free |
DIGIPASS device initial registration fee |
85 GEL |
85 GEL |
DIGIPASS device replacement fee |
85 GEL |
85 GEL |
Phone banking |
Free |
Free |
Direct debit, standing order |
Free** |
Free** |
SMS service monthly fee |
1 GEL |
1 GEL |
* This tariff applies to startups, whose registration period does not exceed 6 months
**if standing order is for transfers outside TBC Bank, standard transfer fees apply
Business cards and limits
Business Card annual service fee | 150 GEL | |||||
Renewal of damaged/lost card | 150 GEL | |||||
Min. balance requirement |
Not required |
|||||
Cash withdrawal fees in TBC branches |
Up to 3,000 GEL will be 2% (min. 2 GEL), for foreign currency withdrawals up to 1000 USD/EUR/GBP - 2% (min. 1 USD/EUR/GBP). above 3,000 GEL - 0.6% |
|||||
Cash withdrawal fees in other banks' branches | 2%, min.3 USD/EUR/GBP or 6 GEL | |||||
Cash withdrawal in TBC Bank, Basis Bank, Halyk, Ziraat and Credo Bank ATMs |
|
|||||
Withdrawal from cards in Liberty Bank ATM's | 0.7%, min. 0.3 GEL | |||||
Cash withdrawal in other banks' ATMs | 2%, min. 3 USD/EUR/GBP, or 6 GEL | |||||
24 hr withdrawal limit (in banks) | Unlimited in TBC Bank, other banks - 35,000 GEL USD | |||||
24 hr withdrawal limit (in ATMs) | 15,000 GEL | |||||
Weekly purchase limit | 100,000 GEL | |||||
Weekly ATM withdrawal limit | 75,000 GEL | |||||
Stop list (local) | Free | |||||
Stop list (international) | 50 USD per region, weekly |
Documentary letter of credit
For fees please contact Documentary Operations Unit at: TradeFinance@tbcbank.com.ge
GUARANTEES
For fees please contact Documentary Operations Unit at: TradeFinance@tbcbank.com.ge
DOCUMENTARY COLLECTION
For fees please contact Documentary Operations Unit at: TradeFinance@tbcbank.com.ge
Other Services
Individual safe boxes (per 24 hr) | 0.5 - 3.5 GEL | |||||
Accepted damaged foreign currency | 10% | |||||
Deposit of Turkish Lira, Azerbaijanian Manat, Australian Dollar, Israeli Shekel, Danish Krone, Polish Zloty, Swedish Krona and Japanese Yen banknotes into an account | 3% | |||||
Deposit of Russian Ruble banknotes into an account | 10% | |||||
Banknote authenticity verification | 0.1% min. 10 GEL | |||||
Cash collection | Price negotiable | |||||
Issuance of any type of statement on TBC Bank customer data and accounts | from active accounts | 10 GEL | ||||
from closed accounts | 30 GEL | |||||
Issuing statement on the arrears to be paid to the bank | from active accounts | 10 GEL | ||||
from closed accounts | 10 GEL | |||||
Recovery of a less than 2-year-old document from the program (marked as "Copy" and bearing the bank transaction seal, if required). | from active accounts | Free | ||||
from closed accounts | Free | |||||
Recovery of a more than 2-year-old document from the program (marked as "Copy" and bearing the bank transaction seal, if required). | from active accounts | 10 GEL | ||||
from closed accounts | 10 GEL | |||||
Issuance of the original copy of any document from the archive* (signed by the client and the bank officer) | from active accounts | 40 GEL | ||||
Retrieval of a statement from the Bank's program (for transactions carried out less than 2 years ago) |
Active account |
Free |
||||
Closed account * * |
Free |
|||||
Retrieval of a statement from the Bank's program (for transactions carried out more than 2 years ago) |
Active account |
20 GEL |
||||
Closed account |
30 GEL |
|||||
Individual English translation of a bank statement *** (for transactions carried out less than 2 years ago) |
Active account |
20 GEL |
||||
Closed account |
30 GEL |
|||||
Individual English translation of a bank statement (for transactions carried out more than 2 years ago) |
Active account |
30 GEL |
||||
Closed account |
40 GEL |
|||||
Deposit/loan statement |
Effective agreement |
Free |
||||
Less than 2 years have passed from the closing/termination of the agreement |
Free |
|||||
More than 2 years have passed from the closing/termination of the agreement |
30 GEL |
- Program statements are issued immediately upon request
- If requested before 18:30, an English translation of a bank statement is issued on the same business day;
- If requested after 18:30, an English translation of a bank statement is issued on the following business day;
- If requested after 13:45 on Saturday, an English translation of a bank statement is issued on the following business day before 12:00.