Although I have been living in Georgia already more than 3 years - I didn't have my personal bank account in Georgia. Since there is new law- asking for foreigners to register for temporary residence in Georgia, there is a requirement from Government when submitting documents for temporary residence in Public Service Hall to show a bank statement that you have some 3000 GEL on it - (I will not discuss about the law and strange requirements, but instead I will focus on my topic - how to open a bank account in Republic of Georgia)
So - here in Georgia are many banks to choose from - like Bank of Georgia, TBC Bank, Liberty Bank, ProCredit bank and others. Bank of Georgia (Sakartvelos banki) probably is the most popular here in Georgia and next popular choice is TBC Bank.
But don't get fooled by the name of Bank of Georgia - there is nothing common with government (well maybe there is some gov shares there) - it's privately held joint-stock company, proud of being listed in London Stock Exchange. TBC Bank also is proud of being listed in London Stock Exchange.
If honest - I don't see much use of it - but here in Georgia seems it sounds better, if you are listed somewhere. Well I would understand if the company would be listed in some National Stock Exchange.
Anyway - Both Bank of Georgia and TBC bank are way to bureaucratic for me - and their service (as I have got served few times) - is pretty lame. They can scan your foreigners passport each and every time you visit a branch - so by default, I'm avoiding those two banks.
For opening my personal bank account in Republic of Georgia - I chose ProCredit bank - as far my understanding reaches it has some HQ in Germany and operates in so called developing countries - Eastern Europe, Africa and South America, they do offer some grants for agriculture. This bank offers pretty good service and pretty good terms. They do have Visa and Maestro cards and it doesn't cost much.
Here I have copy/pasted some of the Fees from their official webpage
ProCredit bank of course offers internet banking.
In total it cost me 30 GEL for opening this account, depositing money on it, and ordering a plastic card from it. I should now wait - my plastic card to be made (seems in Germany) before to be delivered to me - 10 days.
It was enough with my passport to open this account. In total it took some 40 minutes - well the girl who served me was kinda chatty person, and chatting with me - she made a misspelling in my surname, so I pointed her to fix this - if you don't have fancy surname - it should take you some 20 minutes for opening a bank account in ProCredit bank.
If you are a foreigner here in Georgia - I'm highly recommending ProCredit bank.