Bank Of Georgia — Kyc Form Updated

Bank of Georgia has issued a clear deadline: All existing account holders have 90 days from the date of notification to resubmit the updated KYC form.

Failure to comply will result in a tiered restriction:

(Skip to Section 4 if applying as an Individual) bank of georgia kyc form updated

3.1 Company Information

3.2 Beneficial Ownership (UBO) Who owns or controls more than 25% of the company? Bank of Georgia has issued a clear deadline:

3.3 Directors / Authorized Signatories

The update comes amid increasing pressure from international correspondent banks and regulatory bodies like the National Bank of Georgia (NBG) to align with global anti-money laundering (AML) and counter-terrorist financing (CFT) frameworks. you must provide:

Key drivers for the revision include:

This is perhaps the most critical update for foreign account holders. The Bank of Georgia KYC form updated version separates tax residency by country. For each jurisdiction where you are tax resident, you must provide:

Bank of Georgia will report the account balance, interest, and gross proceeds to the tax authority of your country of residence if it is a CRS-participating jurisdiction (including all EU countries, UK, China, India, UAE, etc.).