GeraCash in Georgia 2026 — Transfers, FX & Digital-Nomad Banking in Tbilisi

Why Georgia is a fintech hotspot

Georgia has the most open banking market in the Caucasus region. The National Bank of Georgia (NBG — ეროვნული ბანკი) has licensed open-banking APIs since 2021, three dominant retail banks (TBC, Bank of Georgia, Liberty) plus ProCredit and BasisBank, and a friendly FX regime with no capital controls. That's why 20,000+ digital nomads have made Tbilisi a base: fast bank account opening, low fees, real instant payments within the country.

National Bank of Georgia (NBG): the rulebook

• Payment Services Law (amended 2024): GeraCash operates as a payment service provider under NBG supervision. Safeguarding rules require 100% of customer funds to be held in segregated accounts at a licensed Georgian bank.
• AML/CFT: Under the Financial Monitoring Service of Georgia (FMS), transfers above ₾30,000 and suspicious patterns are reported automatically.
• Consumer protection: NBG's consumer-rights rules cap disputed-transaction resolution at 15 working days.
• FX regime: No capital controls; free movement of ₾, USD, EUR, GBP, TRY. Settlement T+0 domestic, T+1 international.

Pricing in lari (₾)

• Domestic ₾ transfer (any Georgian bank): free
• ₾↔USD or ₾↔EUR exchange: mid-market + 0.35%
• International outbound (SWIFT): ₾25 flat + FX spread
• International inbound (SWIFT): free up to ₾10,000/month
• Physical card issuance: ₾15 one-time, free delivery in Tbilisi
• ATM withdrawal: free at TBC, BoG, Liberty, ProCredit, BasisBank; ₾1.50 elsewhere

Payment rails

• TBC Pay — load wallet from your TBC app
• Bank of Georgia Pay / mBank — instant transfer from BoG
• Liberty Bank Mobile
• PayBox self-service terminals — cash top-ups at hundreds of kiosks across Tbilisi, Batumi, Kutaisi
• Visa and Mastercard, Apple Pay, Google Pay
• SWIFT international, SEPA for EUR (via partner bank)

Digital-nomad playbook in Tbilisi

Georgia's 1-year visa-free regime is the single best onboarding ramp for independent remote workers in the Caucasus. Estimated 20,000+ nomads are currently based in Tbilisi, with smaller clusters in Batumi and Kutaisi. Their banking needs are specific:

• Receive USD/EUR from overseas clients without SWIFT fees eating the margin
• Convert to ₾ to pay Tbilisi rent (typically charged in USD but paid in ₾ at the monthly fix)
• Get a Georgian debit card to avoid foreign-transaction fees at Carrefour, Goodwill, and SPAR
• Exit the country with USD/EUR on demand, no capital controls

GeraCash is designed for this pattern — USD or EUR wallets, fast FX to ₾ with transparent spread, Georgian-issued debit card, and no exit-tax or capital-control friction. Coverage in the co-working hubs of Vera (Terminal, Fabrika) and Vake (Impact Hub, Lokal) is the densest user base.

Georgian bank comparison

TBC Bank and Bank of Georgia run the best mobile banking in the country but charge 1.5–2.5% FX spreads. Liberty Bank is the cheapest in-branch but thinner online. ProCredit is strong for SMEs. GeraCash does not replace them — it sits on top and handles the FX and cross-border workflow at better rates, then pays out to whichever Georgian bank you already use.

Cities covered

• Tbilisi (თბილისი): Vake, Saburtalo, Vera, Sololaki, Old Town, Mtatsminda
• Batumi (ბათუმი): including summer-season freelancer surge
• Kutaisi (ქუთაისი), Rustavi, Gori (გორი), Mtskheta (მცხეთა)
• Zugdidi, Telavi, Poti, Akhaltsikhe, Ozurgeti — via domestic ₾ transfer rails

Georgian language note

Kartuli (ქართული) UI in the mobile app; English and Russian fully supported. Customer support runs in all three languages from Tbilisi. ქართულ ენაზე თარგმანი მოდის for marketing copy.

Related reading

• GeraRent in Georgia — renting as a nomad
• GeraJobs in Georgia — remote-work marketplace
• GeraCompliance in Georgia — tax + AML