Nominal ownership account
The Nominal ownership account is a deposit-type account that is used to summarize the nominal ownership funds of the clients.
TERMS
| Account currency | GEL |
| Account opening | FREE |
| Monthly account handling fee | FREE |
BENEFITS
In accordance with the Law of Georgia "On the Deposit Insurance System", from January 1, 2024, funds available in the deposit/account of all deposit holders, regardless of the number of deposits/accounts, is insured in each commercial bank and microbank and will be reimbursed by the Deposit Insurance Agency within the limit of 30,000 GEL. The funds in all accounts of all deposit holders in commercial banks and microbanks is automatically insured without any additional cost. For more information, see the website of the Deposit Insurance Agency: www.diagency.ge