In today’s global financial landscape, individuals increasingly seek banking services that are reliable, efficient, and tailored to their lifestyles. Whether you are a local resident, investor, expatriate, or digital nomad, having access to a premium yet affordable banking experience can make a significant difference in your personal and professional life.
In Georgia, that experience is delivered by SOLO, the premium banking arm of the Bank of Georgia (BOG)—the country’s largest and most trusted commercial bank. Although SOLO is not a separate bank, it operates as a distinct division offering high-end services, stylish offices, and dedicated client care that rivals Western and international private banking services.
This article explores SOLO’s features, account types, and the advantages it offers, especially when compared to global banking alternatives.
What Is SOLO?
SOLO was developed by the Bank of Georgia with the objective of delivering a premium banking experience tailored to the needs of affluent clients and international customers. The concept behind SOLO is to provide a combination of elevated financial services, luxurious in-branch environments, and personalized attention—all for a moderate price point.
While many premium banking platforms globally impose strict requirements for income or deposit minimums, SOLO offers account opening with no required minimum deposit. This makes it not only accessible to residents but also highly attractive to international clients and frequent travelers who want seamless banking access in Georgia and beyond.
SOLO Account Types: Premium and International
SOLO offers two distinct account packages:
- SOLO Premium
- SOLO International (also referred to as SOLO Club)
Both packages provide a comprehensive range of benefits, but SOLO International is especially designed for clients who require greater international flexibility and personalized lifestyle support.
The main differences between the two lie in the scope of services, annual cost, and international advantages. SOLO Premium costs approximately 105 USD per year, while SOLO International is priced at around 260 USD annually. Both options include premium bank cards and access to high-quality banking support, with the International package offering additional lifestyle and travel benefits.
Bank Cards and Their Advantages
Each SOLO account comes with two internationally recognized cards: Visa Platinum and Mastercard World Elite. These cards are bundled with services and protections that cater to frequent travelers, professionals, and high-value clients.
Visa Platinum cardholders benefit from:
- Global emergency assistance, including card replacement and emergency cash disbursement in over 270,000 locations.
- Airport escort services at more than 500 international airports.
- Free internet roaming (3 GB) in over 120 countries.
- Additional travel and lifestyle benefits via Visa’s global partnerships.
Mastercard World Elite offers:
- Exclusive access to Mastercard’s Priceless Cities program, which includes curated cultural and entertainment events worldwide.
- Complimentary health monitoring services for 90 days.
- Special offers on travel, shopping, and lifestyle management.
These cards, accepted globally, enhance the value of SOLO accounts by providing not only financial tools but also travel, security, and convenience features.
Airport Lounge Access with LoungeKey
Both SOLO Premium and SOLO International account holders gain access to the LoungeKey program, which grants entry to over 1,200 airport lounges around the world.
To use this service, cardholders only need:
- A Visa Platinum or Mastercard World Elite card issued by SOLO.
- A boarding pass.
- A valid identity document matching the name on the card.
SOLO Premium accounts include two complimentary lounge visits per year, while SOLO International offers nine free visits annually. Any additional visits cost 35 USD each.
This service ensures that even during international travel, clients maintain a high level of comfort and privacy while waiting for flights.
Transparent and Fixed International Wire Fees
Unlike many international banks that apply percentage-based fees on money transfers, SOLO provides fixed rates for outgoing wire transfers, offering transparency and cost-efficiency. Regardless of the transfer amount, clients pay:
- 35 USD for transfers in US dollars.
- 45 EUR for transfers in euros.
This model is especially beneficial for entrepreneurs, investors, and consultants who regularly make high-value international transfers and want to avoid hidden charges.
Personal Banker: Financial Support When You Need It
All SOLO clients are assigned a dedicated personal banker who is available 24/7. The banker is a trained financial adviser who can assist with everything from everyday transactions to strategic wealth planning. Services include:
- Financial and expense management.
- Investment and savings consultations.
- Loan and mortgage application support.
- Long- and short-term financial planning.
Clients may contact their personal banker online or arrange in-person meetings at any SOLO Lounge, which offers a private and refined atmosphere for financial discussions.
Concierge Service for International Clients
A key differentiator of the SOLO International package is its exclusive 24/7 concierge service. This goes far beyond traditional banking assistance. It acts as a global personal assistant that helps clients organize personal matters, both in Georgia and abroad.
The concierge team can assist with:
- Booking international travel and luxury accommodations.
- Securing event and theater tickets.
- Arranging personal shopping and gift delivery.
- Providing real estate assistance and vacation planning.
This lifestyle management feature adds significant value to the account, particularly for those with demanding travel schedules or complex personal commitments.
ATM Withdrawals and Daily Limits
SOLO accounts offer exceptionally high daily cash withdrawal limits:
- SOLO Premium: Up to 50,000 GEL (approximately 17,500 USD) per 24 hours.
- SOLO International: Up to 100,000 GEL (approximately 35,000 USD) per 24 hours.
While SOLO Premium users are charged a 2% fee on foreign ATM withdrawals, SOLO International cardholders enjoy 0% withdrawal fees from any ATM worldwide. However, local ATM operators abroad may still apply their own service charges.
These generous limits make SOLO ideal for those who need regular access to large amounts of liquid capital, whether for business or personal use.
Account Opening Process in Georgia
Opening a SOLO account is straightforward and foreigner-friendly. Most clients can complete the process within one to three business days. Required documents typically include:
- A valid passport or identification card.
- A Georgian phone number.
- A Georgian residential address (temporary addresses are acceptable, we can provide you)
- In some cases, proof of income or source of funds is required.
It is advisable to engage local professionals or service providers who can guide you through the process, ensure compliance with local requirements, and assist with translation and documentation.
Conclusion
SOLO is redefining premium banking in Georgia by combining accessibility, elite service, and international utility. Whether you are relocating to Georgia, doing business internationally, or simply value personalised banking, SOLO offers a powerful and cost-effective solution.
Its transparent fee structure, high withdrawal limits, global card privileges, and concierge-level support make it one of the most attractive personal banking options in the region.
If you are considering opening a personal or business account in Georgia, or if you want a bank that moves with you wherever you go, SOLO by Bank of Georgia is a smart and secure choice.
For assistance with opening a SOLO account or exploring Georgia’s financial and residency opportunities, feel free to contact our team for dedicated guidance.
