20 June 2022 18:15

Legal restrictions for EU-foreigners to setup bank account in Czech republic

If you are a resident of the European Union, meaning that you have a long-term residence permit in any of the EU countries, or you are EU citizen, then you have the right to open bank account in any of the EU member states, including the Czech Republic. By law, the bank is not able to deny your request.

What is the best bank in Czech Republic?

Top 7 Banks for Expats in the Czech Republic

  • (1) Citibank. Citibank is the only bank that has branches in both America and the Czech Republic. …
  • (2) Ceska Sporitelna. Ceska is the largest bank in the Czech and one of the country’s oldest. …
  • (3) Equa Bank. …
  • (4) Raiffeisenbank. …
  • (5) UniCredit Bank. …
  • (6) Sberbank. …
  • (7) ExpoBank.

Who owns Czech National bank?

Czech National Bank

Logo of the Czech National Bank
Headquarters Prague, Czech Republic
Established January 1,1993 (1919 as Banking Office of the Ministry of Finance)
Ownership 100% state ownership
Governor Jiří Rusnok

How many banks are there in the Czech Republic?

58 banks

There are 58 banks and foreign bank branches operating in the Czech Republic as of March 2021.

Which banks are international banks?

Top 5 International Banks for Worldwide Banking

  • JPMorgan Chase & Co.
  • Bank of America.
  • CitiGroup.
  • HSBC.
  • CapitalOne.

What countries does Bank of America operate in?

Connect with our offices around the world

  • United States & Canada.
  • Asia Pacific.
  • Europe, Middle East & Africa.
  • Latin America.

How many countries does Bank of America operate in?

35 countries

The company serves clients through operations across the United States, its territories and approximately 35 countries.

Is there a limit to wire transfer Bank of America?

Bank of America’s transfer limit varies on whether you are sending money through a consumer or business account.
Consumer wire transfer limits.

Transfer type Sending limits Receiving Limits
Three Business Day ACH $1,000 (per 24 hours) $10,000 (per 24 hours), $50,000 (monthly)