Opening an account with Raiffeisen Bank (Czech Republic)

Raiffeisen Bank in the Czech Republic is an international financial institution for European businesses looking for a stable banking partner. 

Raiffeisen Bank in the Czech Republic is one of the leading banks in the region, offering reliable and modern banking services for businesses. The bank has many years of experience working with European companies and provides an individual approach to each client. 

Raiffeisen Bank offers opening a corporate bank account in the Czech Republic for European companies, in particular:

• Maintaining corporate accounts in various currencies (CZK, EUR, USD, etc.).
• Internet banking for quick access to your account.
• Business financing, loans and overdrafts.
• Processing of international payments and foreign exchange transactions.
• Tailored solutions for medium and large businesses.

Key conditions for opening an account in the Czech Republic

1.  Raiffeisen Bank opens accounts exclusively for European companies. Companies registered in the UK are not able to open an account with this bank.
2. There is no requirement to have an EU passport and residence permit for the director and beneficiary.
3. The bank opens accounts for companies operating in the trade, services and IT sectors.
4. No proof of doing business in the Czech Republic or having Czech counterparties is required.
5. An extract from the company register and scanned copies of the passports of directors and shareholders are usually sufficient to open a corporate account with a Czech bank. In individual cases, additional documents may be required.
6. It is possible to open a personal account if a corporate account is opened.

International law firm Maira Consult specialises in opening bank accounts, providing easy solutions to legal and procedural issues. Below we provide key information on opening a corporate account with Raiffeisen Bank Czech Republic, as well as the benefits and necessary steps.