Compare CSOB Banka CZK currency transfer options to/from Czechia. You can beat CSOB Banka exchange rates when making a Czech koruna money transfer or overseas payment, save time, money and get the best deal.
International currency transfers to or from your CSOB Banka account in the euro, UK pounds, US dollars and many other popular currencies will involve a margin or exchange rate of around 5.0% and additional bank transaction or commission fees may apply.
CSOB Banka international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Sending foreign currency to or from your CSOB Banka account in Czechia needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of 1,000,000 koruna (CZK) using CSOB Banka services would have a transaction or exchange rate margin of around 5.0% – or 50,000 CZK. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only 7,000 CZK in total, which is a large saving over the bank service.
International money transfers from CSOB Banka could take longer to arrive than using a private currency exchange provider and you will also need to be an existing CSOB Banka account holder to use their services. CSOB Banka may additionally charge a flat rate commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of £5000 (or 50,000 CZK).
Unless you pay a premium, CSOB Banka’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
CSOB Banka (Ceskoslovenska Obchodni Banka) was created in 1964 and is one of the largest banks in the Czech Republic, serving customers from over 250 banking branches. CSOB Banka is owned by Belgium based KBC Bank.
Find CSOB Banka branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest CSOB Banka branches in your search area results.
You can find answers to everyday banking questions at CSOB Banka online. If you can’t find the answer you’re looking for, you can call them from outside Czechia on +420 495 800 137
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Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers