SERVICE FEES

* Registration of the tariff package when opening an account is mandatory for all individuals, except: 
 Employees of JSC „Terabank“;Employees of organizations involved in the bank's payroll project; Current account opened within the scope of a long-term student loan product; Auto loan (pawnshop); On current accounts opened for the purpose of returning the amount transferred from the National Bank and the excess amount to the client.
Opening a multi-currency account without a package for the above-mentioned persons is free of charge;
The above-mentioned persons have the right to choose a tariff package at their discretion.
** A commission is paid if the application of a non-resident person (except for an account opened within the framework of the payroll project) is considered by the Financial Monitoring Department.
*** Inactive account - an account on which the client's order has not been executed for the last six months.
 

* If the express transfer option is selected, the payment order will be processed by Terabank on an expedited basis within 15 minutes. This service is available until 17:50.

** The limit for transferring funds without opening an account is 1,500 GEL (or the equivalent in foreign currency). Transfers exceeding this limit are permitted if the purpose of the transaction is the payment of utility bills, medical service fees, or tuition fees, or if the recipient is the State Treasury or another government body.

*** Instant account-to-account transfers are available via Mobile Banking.

Limits: Maximum of 20 transactions per 24-hour period; maximum limit per transaction: 3,000 GEL; total 24-hour limit per client: 6,000 GEL (the 6,000 GEL daily limit is calculated based on a 24-hour period starting from the last transaction).

**** The limit per transaction is a maximum of 500 GEL. The daily limit for transfers made by a single user via mobile number is a maximum of 2,500 GEL. The maximum limit for a transfer made by a single user to an individual (within a 24-hour period) is 1,500 GEL.

*The maximum limit for the transaction amount is GEL1 500 or its equivalent in the relevant foreign currency.

* The penalty is calculated as 50% of the daily amount payable for each overdue day.

*A fee applies if the statement is issued from a bank branch. The fee does not apply to statements from deposit and loan accounts (including overdraft and credit card accounts); the fee for a statement from a multi-currency account per day is 20 GEL.
**The fee does not apply to deposit and loan agreements (including those concluded remotely) that are valid or have not been completed/terminated for more than 2 years. The term for issuing the document is at least 3 business days, the term may be extended and depends on the number of requested documents;
***The client has the right to receive information about the debt (including the overdraft and credit card limit used) free of charge, except for the case when the client requests the information to be issued in the form of a certificate on the bank's letterhead.
****The commission does not apply to the bank's refusal to issue a loan, if the refusal is based solely on the data in the credit information bureau database.
*****In the event that the certificate/extract on transfers is prepared for the bank's internal purposes (e.g. for loan processing), the issuance of the specified document is free of charge.