Please be informed that from 1st of May Bank’s Operational Tariffs will be changed as follows:
Cash withdrawal from the account
- 0.4%, min. 2 GEL;
- 0.5%, min. 2 USD/EUR/GBP;
- 0.4%, min. 50 Turkish lira.
Cash deposit in TRY and transfer to Isbank Turkiye
- Transfer from branch: 250 TRY;
- Transfer from remote channels - 130 TRY;
- Cash Deposit: 2% of the amount.
GEL transfers from the Branch
- Individual: 0.1%, min. 2 GEL.
4 GEL (< 10,000), max. 10 GEL (10,000-100,000), max. 100 GEL (>100,000) for individuals;
Max. 10 GEL (< 10,000), max. 20 GEL (10,000-100,000), max. 200 GEL (>100,000) for legal entities.
GEL transfers through remote channels
- Individual: 0.1%, min. 2 GEL.
2 GEL (< 10,000), max. 5 GEL (10,000-100,000), max. 50 GEL (>100,000) for individuals;
Max. 5 GEL (< 10,000), max. 10 GEL (10,000-100,000), max. 100 GEL (>100,000) for legal entities.
Please be advised that, as of 10 April 2023, the current utilities payments service on our Bank's Internet and Mobile Banking platforms will be temporarily suspended in order to better serve you. There is no change in other services offered through the aforementioned platforms.
We hope to serve you again soon with high quality and renewed products.
JSC Isbank Georgia
Please be informed that starting from 1st of March, 2023 commission for outgoing GEL transfers will be:
- GEL Transfers to other Banks from the Branch
0.07%, Min. 1 GEL, Max. 200 GEL
- GEL Transfers to other Banks from Digital Channels
0.07%, Min. 1 GEL, Max. 100 GEL
According to the internal policy of Isbank Georgia it is not allowed to carry out transactions directly/indirectly related to the Islamic Republic of Iran, which also implies the transportation of goods through the territory of Iran and/or by means of transport registered in Iran (air, sea, land, railway), or settlements related to such goods/shipments, where the country of origin or transportation of the goods is Iran.
The Bank reserves the right to close the customer's accounts without prior notice in case of detection of the above transaction.
We would like to inform you that the bank is entitled, regardless of the amount of money, to request the following documentation to perform the crossborder payment:
- Certificate of origin of the goods or other document that identifies the country of manufacture;
- Transportation document.
Submission of documentation is mandatory in case of any currency transfer, if the country of the beneficiary’s bank is:
China - CN, Singapore - SG, India - IN, Hong Kong - HK, Iraq - IQ, Pakistan - PK, Malaysia - MY, Indonesia - ID, Philippines - PH, South Korea - KR, Taiwan - TW, United Arab Emirates - AE, Turkey - TR, Armenia - AM, Azerbaijan - AZ.
Transport document means transport documents related to the current transaction, such as:
- MBL ‒ A master bill of lading in case of transportation by sea;
- CMR ‒ Convention on the Contract for the International Carriage of Goods by Road;
- RWB ‒ railway transport document;
- MAWB ‒ air freight transport document.
The invoice / contract and the transportation document must be in accordance with each other, namely: both documents must contain the same consignee / buyer, sender / seller. If these two documents contain different parties, it is mandatory to present the HBL / FBL / HAWB ‒ domestic transportation document of the shipment ‒ the forwarder's domestic bill of lading.
Please be informed that starting from 1st of August, 2022 comissions for outgoing TRY transfers will be:
To Türkiye İşbank Branches
- From Branch: 80 TRY
- From Internet/Mobile Banking: 50 TRY
To Other Banks
- 6%, min. 250 TRY
- Investigation/Amendment/Cancellation: 400 TRY
31 December 2021- The Black Sea Trade and Development Bank (BSTDB) made available a EUR 7 million SME facility to Isbank, an existing BSTDB financial intermediary partner in Georgia. The facility will be used to support liquidity and working capital needs of small and medium-sized enterprises’ (SMEs), which are the main driver for economic growth and employment in the country.
Today’s agreement builds on the successful cooperation dating back to 2018, when BSDTB became the first IFI to partner with Isbank Georgia.
Commenting on the deal, Dmitry Pankin, BSTDB President, said: “We are delighted to teaming up again with Isbank, one of the largest private Turkish investors in Georgia, to help the bank grow and support its many SME customers. Providing financial support and liquidity to businesses, which remain credit-constrained under the on-going pandemic, is essential for generating employment, increasing export capacity and competitiveness and otherwise support economic growth”.
“We are proud to strengthen our partnership with BSTDB and sign the second Loan Agreement to finance SMEs in Georgia. This funding will contribute to reduce the SME finance gap that is especially important for the recovery efforts of businesses affected by the pandemic. At the same time, the long-term EUR 7 million funding will help Isbank Georgia to strengthen its financial positions and be more successful on the local market. We would like to thank BSTDB for this commitment and support”, commented Hakan Kural, Deputy Chief Executive Officer of Isbank Georgia.
JSC Isbank Georgia is operating in Georgia as a full subsidiary of Türkiye İş Bankası A.Ş., which is the largest private bank in Turkey. The bank serves commercial and individual clients with a wide variety of banking products and services. Isbank Georgia's priorities are to promote close commercial and business ties between Georgia and Turkey, in collaboration with the parent company, as well as to develop the Corporate and SME business in Georgia. More information on Isbank Georgia at www.isbank.ge.
The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. BSTDB is rated long-term “A” by Standard and Poor’s, “A2” by Moody’s and “A+” by the Russian credit rating agency ACRA. For information on BSTDB, visit www.bstdb.org.
Phone: +30 2310 290533
: @BSTDB; @Haroulax