SERVICE FEES

Current account opening and servicing

Opening a multi-currency current account GEL 10
Opening an additional multi-currency current account GEL 10
Opening a multi-currency nominal holding account GEL 10
Fee for processing the application for opening a legal entity account* GEL 300
Monthly account service fee** GEL 3
Fixed account monthly service fee*** GEL 10

*Commission is paid if the legal entity, founder, and/or director of the legal entity is a non-resident.

**Current account services for legal entities are provided within the framework of the basic package which includes current account services, SMS digipass internet bank, and SMS messages. The commission does not apply to state-owned companies (e.g., LLP and others) and legal entities opened from the register of entrepreneurs and non-entrepreneurial (non-commercial) legal entities of the public register with an unexpired status at the mentioned time.

***Dormant account - an account on which the client’s task has not been fulfilled during the last six months.  

Transfers

Transfer to JSC Terabank system  Free
Transfer to other banks in national currency from Terabank branches Up to GEL 1 000 -  GEL 4;
From 1 000 up to GEL 10 000 -  GEL 10
From 10 000 up to GEL 100 000 - GEL 20
Above GEL 100 000 - GEL 200 
Transfer to other banks in national currency from Terabank remote channels Up to GEL 1 000 GEL - GEL 1
From 1 000 up to GEL 10 000 - GEL 50
From 10 000 up to GEL 100 000 - GEL 10
Above GEL 100 000 - GEL 100
Fast transfer of GEL to another bank* Up to GEL 5 000 - Fix. GEL 1
From GEL 5 000 - Fix. GEL  2
Transfer to another bank in US dollars 0.2% min.  USD 15, max. USD 500
Transfer to another bank in euros and other foreign currencies (except US dollars) 0.2% min.  EURO 15, max. EURO 500
Transfer to another bank to the recipient’s account with a guarantee of full crediting of the amount in US dollars Transfer fee plus USD 25
Transfer to another bank to the recipient’s account with a guarantee of full crediting of the amount in euros and other currencies (except US dollars) Transfer fee plus EURO 25
Making changes to the transfer made in US dollars/retrieving funds/canceling the transfer USD 50
Making changes/retrieving funds/canceling transfers made in euros and other currencies (except US dollars) EURO 50
*If you choose the quick transfer option, the payment order will be processed by Terabank as soon as possible within 15 minutes. Business hours are set until 5:50 p.m.

Important information:

For the execution of the foreign currency payment order, it is necessary to present a document confirming the basis of settlement (agreement, invoice, etc.) if the amount to be transferred exceeds GEL 100 000 (one hundred thousand) equivalent in the currency under the NBG rate.

Based on international and local legal requirements, as well as the bank's internal policy, if necessary, the bank may request a document confirming the basis of settlement (agreement, invoice, etc.) and other information/documentation necessary for the study of the transaction, regardless of the amount.

Important information regarding the foreign currency transactions.

 

Cash-related services

Depositing money into the account in national and foreign currencies FREE
Depositing Russian rubles to the account 3% of deposit amount
Withdrawal of national currency from any type of account from the cash desk of the branch 0.2%, min. GEL 0.50 
Withdrawal of foreign currency from any type of account from the cash desk of the branch 0.5%, min. equivalent to GEL 1
Acceptance and exchange of damaged foreign currency notes 3%
Issuance of wallet checks GEL 9 
 

Depositing money through fast payment terminals*

Depositing money (GEL, USD, EUR) through the terminal in the bank branch FREE
Depositing money through machines belonging to SS Oppa (GEL, USD, EUR) 2%, min.  GEL 0,5
Deposit in national currency through TBC PAY GEL 1
Depositing an amount in foreign currency (USD, EUR) through TBC PAY equivalent  GEL 2 in the relevant currency
* *The maximum limit of the amount of the operation is GEL 1 500 or its equivalent in the relevant foreign currency.

Currency conversion

Currency conversion at Terabank's current exchange rate - FREE

Remote Channels

Internet bank/mobile bank registration FREE
Internet bank with SMS digital pass FREE
Monthly digipass Internet Bank fee GEL 5
Digipass cost GEL 50
Digipass loss/damage fee GEL 50
 

SMS Service

Registration/Service fee - FREE

Encashment

Cash collection From GEL 400 per object (per month)
One-time collection service It depends on the location of the facility
 

Automatic utility transfers

Registration/transfer FREE
Monthly service fee GEL 1 
Transfer fee Standard
 

Standard standing order

Registration FREE
Monthly service fee GEL 1
Transfer fee in national currency standard fee determined for remote transfer
Transfer fee in foreign currency standard fee
 

Individual safes

Small safes (29*50*8) GEL 25 per month
Medium-sized safes (29*50*18; 29*50*28) GEL 30 per month
Penalty for non-payment of the value of using the safe* 50% of the amount for each overdue day
Fine in case of loss or damage of the key GEL 150
*Fine is calculated for overdue days in the amount of 50% of the daily amount to be paid

Banking documents

Account statement for transactions less than 2 years old FREE
Statement of account for transactions older than 2 years* GEL 20
Recovery of documents less than 2 years old from the program FREE
Restoration of a document older than 2 years from the program one document GEL 10
Issuance of a copy of the original contract from the archive** one contract GEL 10
Issuance of a notice on the balances on the client’s account (in Georgian) GEL10
Issuance of a statement on the balances on the client’s account (in English) GEL 30 
Statement of debt (in Georgian, English) *** GEL10
Issuance of a non-standard certificate (in Georgian and English) **** GEL 30 
Bank’s letter on mortgage/pledge removal/mortgage/pledge removal GEL10
Notification of loan approval GEL 30 

*Fees apply if the statement is issued from a bank branch. The fee does not apply to statements from deposits and loans (including overdraft and credit card accounts).

**The fee does not apply to deposit and loan agreements (including those signed remotely) that are valid or that have not been terminated/terminated for more than 2 years. The term of issuing a document is at least 3 working days; the term can be extended depending on the number of requested documents.

***The client has the right to receive information about the debt (including the overdraft and the used limit of the credit card) free of charge, unless the client requests the information in the form of a statement on the bank’s letterhead.

Special Offer "New Business"

„ New Business” offers the reasonable prices to those new companies, which choose Terabank when being registered at the House of Justice.

After opening the account, companies will receive full information regarding the terms and conditions and will be allowed to choose the desirable branch of Terabank for receiving the service.  

Opening the account FREE
Currency GEL
Transfer to the other banks FREE  (during 12 months)
Internet-bank with SMS DG Pass FREE  (during 12 months)
Fee for BUSSINESS card service 50%-discount  (during 24 months)
Pay-roll cards issuance FREE
For the employees involved with the pay-roll project, card encashment Encashment from the ATM of the JSC Terabank - Free
  From the ATM of the JSC Liberty Bank- Free
  From the ATM of the JSC TBC Bank-1% min. USD 1
  From the ATM of the other banks - 2% min. USD 3 
* From registration at the Public Registry, customer is given 30 days in order to benefit from the special terms and conditions offered to him/her

Offer To The Woman Entreprenur

opening account FREE
Transfer in GEL FREE (for 12 months)
Internet bank with SMS digital pass FREE
Bussiness card FREE
Cashout in GEL FREE
conversion at a preferential rate agreed upon with the treasury
 

Escrow Service

service fee -  0,2% min. GEL 100

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