Settlement services - Georgia


Procedures for domestic counterparties

Procedure for the domestic counterparty


Sovereign, IFI and Supranational debt securities

Local instructions must include:

  • Bank of Georgia SWIFT address BAGAGE22
  • Sub-account details of CBL BAGAX14305002900001
  • CBL 5-digit account number

Market deadline

Management of failed instructions

If instructions with domestic counterparties have not settled by the requested settlement date (SD), they can be cancelled via a cancellation instruction from the customer. Instructions for transactions to be settled will remain pending for 30 days before automatic cancellation.