A new, standalone annex has been added. It asks not only about the account holder’s political status but also about (business partners) and family members living in the same household.
| Old Field | Updated Field (2026) | Why It Changed | | :--- | :--- | :--- | | Passport copy only | (for Georgian residents) | Enhanced facial recognition matching | | Source of funds: "Salary" | Drop-down menu with sub-categories (e.g., crypto trading, rental income, inheritance, dividends, freelance platforms) | Combat illicit crypto flows | | No declaration of PEP status | Expanded PEP (Politically Exposed Person) matrix including family members and close associates | Align with FATF Recommendation 12 | | Simple phone number | Mandatory two-factor contact (mobile + personal email + backup email) | Operational security for digital banking | | Physical address (optional) | Geo-locked address certification (must match IP region or notarized translation) | Curb shell company abuse | bank of georgia kyc form updated
The National Bank of Georgia has recently tightened payment service regulations to enhance consumer protection and reduce financial fraud. For many customers, the deadline for completing these periodic updates is . Failing to update your form by the deadline may lead to: A new, standalone annex has been added
Who owns or controls more than 25% of the company? For many customers, the deadline for completing these
(kyc.bog.ge) or mobile app, though some high-risk or non-resident applicants may still require in-person verification. Mandatory Data Points Personal Identification : Current passport details and a local Georgian phone number for SMS verification. Socio-Demographic Info
In 2026, the Bank of Georgia (BOG) has enhanced its Know Your Customer (KYC) requirements to align with stricter National Bank of Georgia (NBG) risk assessment rules. These updates emphasize deeper verification of source of funds