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Bank Transfer (GE)

Bank transfers in Georgia are a secure, fast, and widely used method to move money domestically and internationally, supported by modern digital banking platforms and specialized transfer services.

Method
Bank Transfer (GE)
LPM Market Share
Payments
Yes
Refunds
Yes - full refunds only
Type
Bank Transfer
Local Card Scheme
Users
Disbursements
Yes
Yes
Chargebacks
No
Authorization currency
GEL
Authorization
speed
Instant
Recurring
No
No
Notify when available

Reasons for Popularity

Rising account ownership, increased digital financial literacy, and trust in formal banking

Real-time interbank transfers 24/7

Large remittance inflow: more than 66% of remittances in Georgia are now handled through formal financial channels