Bank of Georgia (BOG) has updated its requirements as of early 2026 , driven by new National Bank of Georgia (NBG) risk assessment rules. These updates require all clients—including non-residents and business owners—to provide more detailed documentation to maintain active accounts. Key Updates for 2026
If you are an existing customer of the Bank of Georgia, you may be required to update your KYC information by filling out the new form. The bank will likely contact you to inform you about the update process.
Ensure the income figures declared on the form match the cash flow reflected in your bank statements.
If you've received a KYC update request, don't delay. Start the process today, follow the guidelines outlined above, and you'll be well on your way to maintaining a compliant and fully functional Bank of Georgia account. bank of georgia kyc form updated
The old scanned PDFs are being phased out. The is now partially machine-readable (with QR codes and auto-filled fields), allowing BOG’s AI compliance engine to pre-screen documents before human review, reducing processing time from 10 business days to 3–5.
If the requested documentation is not provided within a reasonable time, the bank may terminate the relationship. 5. Conclusion
A: Yes, Bank of Georgia typically offers its KYC questionnaire in both English and Georgian. If you are completing the form online, you can usually select your preferred language at the start. Bank of Georgia (BOG) has updated its requirements
Primary countries involved in your incoming and outgoing transfers.
This guide breaks down what has changed, why the updates were introduced, and how to successfully complete the updated questionnaire. Why Bank of Georgia Updated Its KYC Requirements
Yes. Bank of Georgia provides dual-language forms (Georgian and English). However, signatures and dates must follow the English section if you choose that version. The bank will likely contact you to inform
The updated KYC form demands a higher level of granularity regarding your financial history and daily transactions. The most significant additions focus on three main areas: 1. Verification of Wealth and Source of Funds
The updated questionnaire is more detailed than previous versions. Key sections of the Bank of Georgia KYC (PDF) form usually include: A. Personal Identification Details
: Ensure your transaction patterns align with the professional activity you declared on your form.