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Czech banks are licensed and supervised by the Czech National Bank, and their published routes for new business clients still lead mostly to a branch. From each bank’s own pages in October 2026:
| Bank | What its pages say | Route for a director abroad |
|---|---|---|
| Česká spořitelna (Erste Group) | Online opening through George only for a Czech citizen with Bank iD acting alone as jednatel of a Czech s.r.o. trading for a week or more | Branch or regional corporate centre |
| Komerční banka | Accounts for an s.r.o., including for paying in share capital, usually opened on the second working day after complete documents | New clients sign at one of 241 branches; a certified power of attorney is accepted |
| ČSOB (KBC Group) | Terms in force since 1 July 2026: foreign nationals usually show a passport; company papers may need to be under three months old, and papers in other languages officially translated into Czech | Remote signing only where ČSOB allows; contracts in Czech unless agreed otherwise |
| Fio banka | Accounts in up to 14 currencies; the branch generates the register extract itself and checks the beneficial owner register | One of its more than 80 branches |
Section 8 of the Anti-Money Laundering Act (No. 253/2008 Coll.) makes face-to-face identification of the person acting for a company the default. Section 11 allows remote substitutes, such as document copies plus a first payment from the client’s account at a bank outside high-risk countries, or a qualified electronic signature. Each bank decides whether to offer them.
An s.r.o. needs only CZK 1 per member (Business Corporations Act, No. 90/2012 Coll., section 142), and at least 30 per cent of each cash contribution is paid before the registration filing (section 148). Until registration a contribution administrator, who may be a founder, holds the money (section 18). Above CZK 20,000 of cash contributions in total it must sit in a special account the administrator opens at a bank, blocked until the company exists; at or below that figure it can be paid another way, cash included (section 23). The filing carries the administrator’s written declaration of payment (section 24).
Foreign founders have the same rights as Czech ones and may own the whole company. Neither members nor jednatel need Czech or EU residence or citizenship, though each jednatel must meet the integrity conditions and bring a criminal record extract from home, and the company needs a Czech registered office and a notarial founding deed. Slovakia, by contrast, asks directors from outside the EU and the OECD for a residence permit. On identity papers, Komerční banka accepts an EU identity card, passport or residence permit, and Fio banka asks non-EU nationals for a passport plus a second document on personal accounts.
The Czech Republic is in the EU and the Single Euro Payments Area but outside the euro area, so a Czech company can bank in koruna at home and use a euro account for SEPA transfers. A domestic number such as 19-2000145399/0800 (prefix, number, bank code) becomes the IBAN CZ65 0800 0000 1920 0014 5399.
On our page about shelf companies with bank accounts, the Czech Republic is listed among the jurisdictions where buying a company that already banks is realistic, and for a buyer the bank accepts it is possible. The account belongs to the s.r.o. and stays with it when the shares change hands; the bank then runs its own due diligence on the new members, jednatel and signatories, after which it may leave the account open, request further documents or close it. Fio banka and Komerční banka both work from the beneficial owner register (evidence skutečných majitelů), so update the entry first.
A ready-made Czech s.r.o. is one route and company formation in the Czech Republic the other; either way we help assemble the file a Czech bank expects. If one of our working bank contacts suits the business, we can introduce you, but the account opens only if the bank itself agrees. Tax and corporate law are on our Czech Republic page.
Usually, unless someone signs for you. The AML Act allows remote identification, yet each bank picks its routes: Česká spořitelna’s online opening needs a Czech citizen with Bank iD, while Komerční banka and Fio banka have new business clients come to a branch. Komerční banka does accept a representative with a certified power of attorney.
Only when its cash contributions exceed CZK 20,000 in total. The money then goes into a special bank account opened by the contribution administrator and stays blocked until registration. At or below that figure it can be paid another way, including in cash to the administrator, who may be a founder. A registered ready-made s.r.o. is already past this step.
Komerční banka asks for the articles or founding deed, a beneficial owner register extract or other proof of ownership, identification of the person acting, a statement on the company’s activity and a tax residency declaration, and pulls the commercial register extract itself. ČSOB can require company documents under three months old and official Czech translations.
Yes. The Financial Market Guarantee System insures legal persons as well as individuals up to EUR 100,000 per depositor per bank, excluding financial institutions, insurers, health insurance companies, the state and most local authorities. Compensation for accounts held in the Czech Republic is paid in koruna, starting within seven business days, and branches of banks from other EU states rely on their home scheme.
Yes, for a buyer the bank accepts; the Czech Republic is one of the jurisdictions where this is realistic. The account stays with the s.r.o. after the share transfer, but the bank reviews the new members, jednatel and signatories under its own rules, and the result can be an unchanged account, a request for more paperwork or closure.