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
* According to Decree 8 of the Council of the National Bank of Georgia on the Circulation Period of 1 and 2 Tetri Denomination Coins, the circulation period of 1 and 2 denomination coins expired at the end of 2020, while before the end of 2021, commercial banks will exchange 1 and 2 tetri coins. The value of the cash transaction carried out in the form of coins must be a multiple of 5. For more details, please visit the NBG website: https://www.nbg.gov.ge/index.php?m=340&newsid=3501 / https://www.nbg.gov.ge/index.php?m=714
*For legal entities whose beneficiary/shareholder/controlling person is a non-resident individual(s), the bank product registration fee, including the fee for account opening application review, is 500 GEL.

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

* In case of additional 20 USD/30 EUR fee, beneficiary will receive full transfers amount. Otherwise, beneficiary might receive amount reduced by intermediary bank's fee

Bmatch platform service

In line with the Regulation of the National Bank of Georgia, non-banking market participants can already participate in the Bloomberg Bmatch Currency Platform with the help of TBC Bank Brokerage Service. The mentioned change aims to diversify the Currency Market participants, increase transparency and liquidity and encourage competition in the Currency Market.
 
Legal and natural persons can file currency conversion applications on the Bmatch platform with the help of TBC Bank. The applications can be filed via internet banking after signing the Currency Service Agreement.
 
These are the terms for filing applications on the Bloomberg Bmatch Platform:
  • 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

 

Fees on the Bloomberg Bmatch Platform:
 

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 Bank branches
  • GEL - 0.6%, min. 0.2 GEL
  • USD/EUR 
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
  • GEL - 0.2% , min. 0.2 GEL
  • USD/EUR/GBP
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 
 
*Except deposit and loan agreements.
**In the case of closed accounts, 2 years refer to a period before closing;
** Rules for issuing statements translated into English individually:
  • 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.