Placing gambling revenue in a bank account or with an electronic money institution (EMI) differs from ordinary corporate income in one decisive respect: the question of where the money comes from is asked before anything else is discussed. This page is a practical orientation for a Georgian organiser: we explain what the bank sees before opening the account and after it, which Georgian norms create that picture, and where the law leaves the answer to each institution's own policy. No universal fee or timeline is offered here, because none exists: acceptance policy, cost and timing are matters for the institution and are to be confirmed directly with the bank or EMI in every case.
What the Bank Sees: the KYC/AML Frame Before the Account
The Georgian AML law turns the bank and the EMI into obliged entities: article 3 defines the circle of obliged persons, article 11 the rules for customer identification and verification, and article 12 the flow of data in the unified state framework. For gambling revenue this means the bank asks — at onboarding and afterwards — not only who you are but where the money originates, and gambling income is treated as an elevated-risk profile in principle. Customer identification is only the first ring: the next rings concern the structure of the income, the geography of payments and the dynamics of transactions — and it is precisely in those rings that the questions arise which must be answered before they are asked.