Nominal Account

Terabank offers you the Notary’s deposit account without any fee, which protects the interests of customer and insures their transaction.

 Nominal Account

A nominal ownership account is a secure depository held by a notary, securities market intermediary, or payment service provider. 

Resident individuals and legal entities can use Nominal Account service, which is applied for book-keeping of the cash resources assigned to the nominal ownership of customers, or the owners defined under the Notarial Deed.

Account Types:

Joint Account of Nominal Ownership, which allows the deposit of funds from multiple clients;
Segregated Account of Nominal Ownership, reserved for the exclusive deposit of one specific client's funds.

Frequently Asked Questions

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Who Can Open a Nominal Ownership Account?

Only resident individuals and legal entities can open these accounts. 

In What Currency Can the Contract Be Signed?

Contracts can be signed in various currencies.

How Long Can the Contract Be Signed?

The contract term is determined on an individual basis. 

What Is the Service Fee?

The account opening fee is GEL 10. 

Opening a Current Account

Opening a Current Account

Enjoy a comprehensive package of banking services in any currency.

Remote Services

Remote Services

Use Terabank services without leaving your home.

Newly Registered Business

Newly Registered Business

Start a business with Terabank and reduce costs.

POS terminal

POS terminal

Add Terabank terminal payment.

Automatic Transfers

Automatic Transfers

Save time and make your desired payments without visiting the bank.

Visa Business

Visa Business

Easily manage funds in Georgia and abroad.

Visa B2B Connect

Visa B2B Connect

Make international transfers quickly and securely.

Escrow Service

Escrow Service

Insure payment and ownership transfer risks.

Electronic Commerce

Electronic Commerce

Expand business using online sales methods.

Treasury Operations

Treasury Operations

Insure against currency risks.

Cash Collection Services

Cash Collection Services

Safely transport your money and valuables.

 Nominal Account

Nominal Account

Protect clients' interests and ensure the safety of their transactions.

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