: This section has become noticeably more detailed. You may be asked to describe your work status (e.g., employed, self-employed, personal business), provide information about your employer or clients, and specify the source of funds you intend to deposit.
and professional activities, particularly for non-residents and businesses. Key Updates to the BOG KYC Form Digital-First Process
State your expected monthly transaction count and total monetary volume. Step 4: US Person and FATCA Declaration
Who owns or controls more than 25% of the company? bank of georgia kyc form updated
Existing customers have specific rights regarding their personal data under current Bank of Georgia Privacy Notices :
As a high-risk category for banks, freelancers will need to prove a consistent and legal income source. The updated KYC form will ask for specific platform details, client lists, and proof of past payments. If you use a personal account for business income, the new form explicitly flags this for review.
Meet Bank of Georgia - საქართველოს ბანკი : This section has become noticeably more detailed
A local Georgian phone number is essential for mobile banking setup and receiving SMS notifications.
Ensure the information on your KYC form exactly matches your passport, business registration documents, and previous tax filings.
KYC is a critical process that financial institutions use to verify the identities of their customers. The primary goal of KYC is to prevent financial crimes, such as money laundering, terrorist financing, and identity theft. By gathering and verifying customer information, financial institutions can assess the risk associated with each customer and take necessary measures to mitigate that risk. KYC is also essential for complying with regulatory requirements, such as the Financial Action Task Force (FATF) recommendations and the European Union's Anti-Money Laundering (AML) directives. Key Updates to the BOG KYC Form Digital-First
Update Alert: Navigating the New Bank of Georgia KYC Form (2026)
If you are a non-resident or local business owner, staying ahead of these "Know Your Customer" updates is essential to avoid account freezes or service delays. What is New in 2026?
