ČSOB is a universal bank established in 1964 in the territory of the former Czechoslovak Republic, a member of the KBC Bank Group (Belgium) and the largest bank in the Czech Republic in terms of assets. ČSOB provides a diverse list of banking services for individuals and legal entities. In 2013, it was recognized as the "Best Bank of the Year" in the Czech Republic
Founding date
1964
Account Opening Terms
Recommendations
Not required
Description of activity
Not required
Account type
Personal, corporate, savings
Accounts types
Personal, corporate, savings
Required documents
Standard package of documents: photocopies of the company's apostilled constituent documents, photocopy of the passport of director/trustee/beneficiary, description of the client's business, completed application form, certificate of tax resident
Transaction speed
2 days for EU; 3 days for USA
Minimum balance
40
Limit of transfers (per month)
Not more 1,5 million CZK per day
Initial founding fee
0
Account opening nuances
No
Account opening, possibility
Calculated and perceived
Cost and nuances of account maintenance
Translation cost
Depends on the selected package of services and the speed of transfer
Enrollment fees
70 CZK
Account maintenance cost
80 CZK/month
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