Georgia · Banking & Payments

Bank of Georgia (mBank)

Bank of Georgia is one of the two largest banks in Georgia, opening accounts for residents and non-residents and offering mobile banking, cards and multi-currency accounts.

What it helps with

A Georgian account with a passportBank of Georgia opens accounts for non-residents at branches, usually the same or next working day.
Accounts in GEL, USD and EUROne account holds several currencies with exchange in the app.
Bills and transfers in the appPay rent, utilities and phone bills and send instant transfers.

About Bank of Georgia

Bank of Georgia serves private and business clients through branches across the country and a mobile app formerly known as mBank. Non-residents, including visitors, can usually open a personal account at a branch with their original passport; the bank applies risk-based checks and may ask about the source of funds and the purpose of the account. Accounts can hold lari, US dollars and euros, and the app handles transfers, currency exchange, bill payments and card management.

Key Features

Multi-currency accounts: GEL, USD and EUR on one account.
Mobile app: Transfers, exchange, bill payments and card controls.
Cards: Debit cards issued at the branch, usable abroad and online.
Branches and ATMs: A large network in Tbilisi, Batumi and other towns.

How to Get Started

Visit a Bank of Georgia branch with your original passport.
Answer the questions about income source and account purpose, and sign the documents.
Collect your card and install the mobile app.
Register in the app with your phone number and card details.

Before you use it

Sign-up: Bring your original passport; the bank may ask about the source of funds and the purpose of the account.
Limits: Citizens of high-risk jurisdictions face extra checks and can be refused.

Local number needed Local ID needed

Frequently Asked Questions

Does Bank of Georgia (mBank) work with a foreign bank card in Georgia?: Not reliably - a foreign card may be declined. Check the notice above, or plan to use a local payment method.
Is Bank of Georgia (mBank) available in English?: Not officially - the interface is mainly in the local language.
Do I need a local phone number to use Bank of Georgia (mBank)?: Yes, Bank of Georgia (mBank) requires a local phone number to register.
Do I need local ID or residency for Bank of Georgia (mBank)?: Yes, Bank of Georgia (mBank) requires local ID or residency status.
Where can I use Bank of Georgia (mBank)?: iOS · Android · Web
How much does Bank of Georgia (mBank) cost?: Account opening usually free; card fees by product