Czech Republic Guide: Money

Our money guide provides information on bank accounts, money exchange, credit and debit cards and money transfers. If you need to open a bank account, we will explain how to do it - step by step.

• 

  The Czech currency

  An overview of the Koruna

  When the Czech Republic joined the EU, it agreed to adopt the Euro as its official currency. This change was originally planned for January 1st 2010, but has since been indefinitely postponed.

  more
• 

  Banking

  How to open a bank account in the Czech Republic

  In contrast to many bureaucratic procedures in the Czech Republic, opening a bank account is quite easy. There are no special limitations for foreigners and the account should be ready to use within a week.

  more
• 

  Foreign & Offshore Banking

  Where to keep your money abroad

  Transferring money to the Czech Republic always involves expenses, either in the form of direct charges or costs through bad exchange rates. The EU-Standard-Transfer usually proves to be the best option.

  more