Can anyone recommend a service or contact to open a personal bank account in Georgia remotely? Which bank is the recommended one to go with, is it TBC?
Open personal bank account in Georgia remotely
- Thread starter jonesey2324fw
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There's hundreds of people who will do this for you with a Power of Attorney template, which they may have just Googled... they will ask you anywhere from us$100 to us$2000 to do it. My advice: take a us$30 plane from Rome to Tbilisi and do it yourself! 🙂
Thanks for your reply, if I can't fly there myself, do you know of any recommended companies who can do it for me?
There are a few around and since you have access to the mentor group, then check the link in my signature there you can find one at least which takes reasonable fee's!
For $100 or more you can get it, but you need power of attorney from a notary from both your passport issuer country and Georgia, send a certified copy and so on... which IMO sucks if you hate paperwork and dealing with the old school guys.
Flying there is not that expensive unless you are in South America or Southern Asia. You can have your personal bank account open in 30 minutes in Tbilisi. It's the best banking experience ever (besides fintech).
For banking, I recommend TBC. Big bank, easy to setup, good customer support, easy to use mobile app and digital banking.
Flying there is not that expensive unless you are in South America or Southern Asia. You can have your personal bank account open in 30 minutes in Tbilisi. It's the best banking experience ever (besides fintech).
For banking, I recommend TBC. Big bank, easy to setup, good customer support, easy to use mobile app and digital banking.
Georgia is completely safe. Don't go around professing western morals and ethics in public and nobody will be against you. Georgians are very kind and simple people. Quite a lot of affordable whores and erotic massage shops as well although they're not on Google maps for some reason
Hey, how's it going Martin? I saw your comments about Georgia. You still think Georgia is a bad place to bank? I was looking to set it and forget it, to diversify and for long term security.
For diversification of assets it is ok I actually do deep down like Georgian banks and have had a good experience with them. For long term security lol....forget it. The country was at war with Russia just over 10 years ago (2008) and tensions are still there. You can't setup an account there and forget about it at all.
https://en.wikipedia.org/wiki/Russo-Georgian_War
https://en.wikipedia.org/wiki/Russo-Georgian_War
So you would still setup something there for that reason. But long term strategy is not in Georgia if I understand you correct. Good to know.
That is correct.
As long as people realize that every bank there and Georgia itself are junk rated by all credit agencies you have nothing more to worry about.
Thats what made my hop on a plane to sort out my banking affairs︀ over there - plus I am registered as local over there meaning I had to︁ walk into a branch to break a deposit. It may have been a rash move︂ as things have calmed down since but if you sleep on these countries for just︃ 5 minutes you may wake up and find Georgia is now part of Russia like︄ Crimea.
As long as people realize that every bank there and Georgia itself are junk rated by all credit agencies you have nothing more to worry about.
Thats what made my hop on a plane to sort out my banking affairs︀ over there - plus I am registered as local over there meaning I had to︁ walk into a branch to break a deposit. It may have been a rash move︂ as things have calmed down since but if you sleep on these countries for just︃ 5 minutes you may wake up and find Georgia is now part of Russia like︄ Crimea.
Thanks Martin. Is there a better place to bank nearby? How about Serbia, Croatia, Montenegro, Macedonia?
Where do you get your information from to keep your money safe in Georgia? (to move it somewhere else in time)
Where do you get your information from to keep your money safe in Georgia? (to move it somewhere else in time)
Fluff like what?
I saw this list, List of Offshore Bank Accounts with remote opening without introducer Not sure if any of them is any good in terms of security (I wouldn't put my money in BVI probably due to stigma). You got any ideas about such lists posted on the forum?
I saw this list, List of Offshore Bank Accounts with remote opening without introducer Not sure if any of them is any good in terms of security (I wouldn't put my money in BVI probably due to stigma). You got any ideas about such lists posted on the forum?
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