Nominal Account

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

Nominal Account

A nominal account is used to hold cash under the nominal ownership of the client(s) and/or registered owner(s), as required by law and agreement or notarial deed.

Account Opening Fee GEL 10
Account Currency Various
Account Term Determined on an individual basis

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

Didn't find what you're looking for? Send us a question
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. 

Remote Services

Remote Services

Use Terabank services without leaving your home.

Tera Points

Tera Points

Join the loyalty program and collect Tera Points.

Open Banking

Open Banking

Get a complete view of all your accounts.

3D Secure

3D Secure

Secure online card payments.

Conversion Structure

Conversion Structure

Conversion for a card transaction.

Nominal Account

Nominal Account

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

Change Phone Number Remotely

Change Phone Number Remotely

Change your registered phone number in Terabank from the comfort of your home.

Apple Pay

Apple Pay

Add your card to Apple Wallet and pay with just a tap.

Card Safety

Card Safety

Protect your card from illegal operations.

Escrow Service

Escrow Service

Take advantage of Escrow Services and protect yourself from unnecessary risks.

Currency Exchange

Currency Exchange

Convert money at a profitable rate.

Google Pay

Google Pay

Simplify your payments while using Google Wallet.

Got more questions?

info@terabank.ge Send us a message
Visit Us Check out our branches
Loans
Loans
Deposits
Deposits
Cards
Cards
More