Bank Of Georgia Kyc Form Updated Link Jun 2026

: A Georgian SIM card is mandatory for receiving SMS notifications and two-factor authentication.

As of early 2026, has streamlined its Know Your Customer (KYC) process for both residents and non-residents, increasingly favoring digital submissions. For most foreign applicants, the primary point of entry is now the Electronic KYC Portal (kyc.bog.ge). Updated KYC Requirements (2025–2026) bank of georgia kyc form updated

For businesses holding accounts at Bank of Georgia, the complexity has increased significantly: : A Georgian SIM card is mandatory for

Perhaps the most significant change in the updated KYC form is its medium. Historically, KYC in Georgia involved physical signatures and photocopied passports. The new iteration is fully integrated into Bank of Georgia’s digital ecosystem, particularly its award-winning iSpace and Space apps. Using facial recognition technology, live photograph verification, and digital ID scanning, the updated form can be completed remotely in under ten minutes. This digital shift reduces human error, eliminates the risk of physical document forgery, and ensures that the data is immediately encrypted. For the customer, this means no more waiting in branch lines. For the bank, it means real-time verification against international sanctions lists and politically exposed persons (PEP) databases. For the bank

procedures as part of a broader shift by the National Bank of Georgia (NBG) to tighten risk assessment rules in 2026. These updates require the bank to re-evaluate existing client profiles and often necessitate a refreshed KYC form submission to maintain account activity. Core Updates to the KYC Form The updated KYC application process

: Updates can often be handled via the Digital Assistant or by visiting a main branch in person.

For Georgian entities, an extract from the Register of Legal Entities and documents on ultimate beneficiaries are mandatory. How to Complete the Update Bank Accounts in Georgia (Country) - For Business Owners