Czechia/Banking - Revision history

Jorges at 18:15, 12 June 2022

2022-06-12T18:15:18Z

2022-06-12T18:15:11Z

2022-06-12T14:57:01Z

2020-08-20T14:47:18Z

2020-08-20T14:47:05Z

2020-08-20T14:36:06Z

Move to subpage.

2020-08-20T14:32:07Z

2020-08-14T13:34:57Z

2020-08-13T23:23:20Z

2020-08-13T23:21:44Z

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 To receive salary, invoice clients, pay rent & shop in Czechia, a Czech bank account is needed. Here we describe
-* where the withdraw cash with a non-Czech Visa or Mastercard
+* where the withdraw cash with a non-Czech Visa or Mastercard,
-* which Czech & foreign banks are good for foreigners
+* which Czech & foreign banks are good for foreigners.
 == Still having a foreign bank account? Where to withdraw cash ==

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-{{DISPLAYTITLE:How to set up your Banking in Czechia}}
+{{DISPLAYTITLE:Banking for Foreigners in Czechia}}
 == Still having a foreign bank account? Where to withdraw cash ==
 If you are still only having a foreign bank account, you probably need to withdraw cash with your foreign Visa or Mastercard.

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 In Czechia, bank transfers follow a special system using [https://en.wikipedia.org/wiki/Variable_symbol "Variable, Constant & Specific symbol"]. To perfectly comply with these transfers, a Czech bank account is suitable.
-== List of Czech bank accounts ==
+== See also  ==
-Ready to open a Czech bank account according to your needs?
+* [[Czechia/Banking/Current|Banks for Foreigners in Czechia]]

← Older revision		Revision as of 14:47, 20 August 2020
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	Ready to open a Czech bank account according to your needs?		Ready to open a Czech bank account according to your needs?

−	{{CTA\|List of current Czech bank accounts for foreigners\|https://expatwiki.org/Czechia/Banking/Current}}	+	{{CTA\|Go to: List of current Czech bank accounts for foreigners\|https://expatwiki.org/Czechia/Banking/Current}}

← Older revision		Revision as of 14:47, 20 August 2020
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	Ready to open a Czech bank account according to your needs?		Ready to open a Czech bank account according to your needs?

−	* [[Czechia/Banking/Current\|List of current Czech bank accounts for foreigners]]	+	{{CTA\|List of current Czech bank accounts for foreigners\|https://expatwiki.org/Czechia/Banking/Current}}

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 * Exchange it there to EUR
 * Send it from Revolut to where you want
 == What do I need to open a Czech bank account? ==

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 ** send the CZK to your simple Czech bank account
-Vice versa for sending money.
+Vice versa for sending EUR from your Czech account:
 == What do I need to open a Czech bank account? ==

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 === Currency exchange at Czech banks ===
-This is much different with Czech banks: They have a different rate for buying EUR and selling EUR – and in between a spread. For instance, you would change 1 EUR into 25 CZK, for for changing these 25 CZK bank into EUR, a rate of 1 to 26 CZK is applied, giving you back only 0.96 EUR.
+This is much different with Czech banks: They have a different rate for buying EUR and selling EUR – and in between a spread. For instance, you would change 1 EUR into 25 CZK – and for changing these 25 CZK bank into EUR, a rate of 1 to 26 CZK is applied, giving you back only 0.96 EUR.
 On average, you loose around 3% when exchanging EUR to CZK via a Czech bank. With Revolut, it is rarely over 1%.