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Banking in Czech Republic

Best banks in Czech Republic for expats & digital nomads

Opening a bank account is one of the first things you do after moving to Czech Republic. Here are the accounts that work for newcomers and non-residents, plus the fintech we would set up before you fly.

How to open a bank account in Czech Republic

A newcomer typically needs a passport or national ID and a Czech address; several banks (notably Fio and Air Bank) allow largely online onboarding. No residence permit is strictly required at all banks, but proof of address speeds approval.

Our top pick

Wise multi-currency account

Wise is the option we recommend for almost anyone moving to Czech Republic: hold and convert 40+ currencies, get local account details to be paid like a local, and send money at the real exchange rate with low, transparent fees. It works before you even arrive, so you can receive income and pay deposits while your local account is still being set up.

Open a free Wise account →

Affiliate link: we may earn a commission at no cost to you. Wise is a fintech, not a bank; balances are safeguarded, not covered by deposit insurance.

Top banks in Czech Republic

Česká spořitelna

traditional
Largest branch network

Part of Erste Group; biggest retail bank by client numbers, English online and app banking.

ČSOB

traditional
Full-service everyday banking

Owned by Belgium's KBC; wide product range and branch coverage.

Komerční banka

traditional
Business and salaried expats

Société Générale group; strong corporate and premium offering.

Raiffeisenbank

traditional
English-speaking newcomers

Austrian-owned; commonly used by expats for its English support.

Air Bank

digital
Simple low-fee digital account

Popular mobile-first Czech bank known for transparent, minimal fees.

Fio banka

digital
Free account plus brokerage

Fee-light account with in-house share trading; straightforward setup.

International accounts & neobanks

Revolut

Available EEA-wide; widely used in Czechia for cards and FX.

Payoneer

Receiving accounts in USD/EUR/GBP; suits freelancers, not a local current account.

Bunq

Listed as a supported EEA country by bunq, but independent testers report signups are sometimes restricted.

Availability changes; confirm on each provider's site.

Next steps in Czech Republic

See the full Czech Republic tax, cost and visa profile, or compare Czech Republic with other destinations. Not sure where to go yet? Take the finder quiz.