Bank Of Georgia Kyc Form Updated Page

Ensure the income figures declared on the form match the cash flow reflected in your bank statements.

: New forms (Order No. 52) introduced in early 2026 require businesses to report "controlled transactions" over GEL 500,000, impacting corporate KYC data requirements. Procedure for Updating Customer Data bank of georgia kyc form updated

This move sent a powerful signal to all financial institutions in Georgia. Shortly before that, the NBG also fined the crypto firm 'Sher888' 465,000 GEL for serious AML breaches, and has previously penalized both Bank of Georgia and Basisbank for compliance failures. With the stakes this high, Bank of Georgia has proactively updated its KYC procedures to avoid future penalties and align with international standards. Ensure the income figures declared on the form