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

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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. 

Current Account: Opening and Maintaining

Current Account: Opening and Maintaining

Conduct a variety of banking transactions in any currency.

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Remote Services

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Tera Points

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Currency Exchange

Currency Exchange

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Open Banking

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Google Pay

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Change Phone Number Remotely

Change Phone Number Remotely

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Card Delivery Service

Card Delivery Service

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Card Safety

Card Safety

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Onboarding

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Escrow Service

Escrow Service

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SMS Signature

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