Banks

Czech Republic
Starting from
€3,200

CSOB is a wholly-owned subsidiary of KBC Bank NV. KBC Bank is fully owned by KBC Group NV. Both companies are domiciled in Brussels, Belgium.

Back to list Corporate bank account

Account opening: 7-14 working days

Overview:


Ceskoslovenska obchodní banka, a. s. (CSOB), is a universal bank in the Czech Republic. CSOB was established by the State in 1964 as a bank for providing services in the field of foreign trade financing and convertible currency operations in the then Czechoslovak market. It was privatised in 1999 – KBC Bank, which is a 100% subsidiary of an integrated bank-insurance group KBC Group, became the majority shareholder (since 2007 the sole shareholder). 


In June 2000, CSOB took over the bank Investicni a postovni banka (IPB). Until the end of 2007, CSOB was active in the Czech and Slovak markets; the Slovak branch of CSOB was transformed into an independent legal entity on 1 January 2008. Effective as of 1 January 2013, KBC Group has organized its core markets activities into three business units – Belgium, Czech Republic (includes all KBC business activities in the Czech Republic) and International Markets. 


Starting from: €3,200
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Facts & Info for ČSOB

Rates and Charges
Services
Requirements

Payment processing options

MasterCard, Visa

N.B.

  • Bank may change its tariffs at any time thus please visit bank’s website or contact us in order to receive updates, on specific charges or fees please contact us or bank.
  • Bank may additionally charge for any other supplementary services.

The bank offers range of services and products

  • Personalised account service
  • Savings & term deposits
  • International wire transfers
  • Treasury& Foreign Exchange services
  • Card services
  • Trading services
  • Online Banking

Please provide us with the following documents

Each beneficial owner, shareholder, director, authorised signatory and secretary must provide:

  • Notarized copy of valid passport. (Please see N.B. below)
  • A copy of proof of residential address (ex. Bank statement utility bill that is not older than 3 months)
  • Optional: A notarized copy of Bank reference that is not older than 3 months)
  • Optional: Power of Attorney (where applicable)
  • Optional: CV

Company

A Bundle of certified and apostilled documents:

  • Certificate of Incorporation
  • Share Certificates
  • Memorandum and Articles of Associations
  • Documents that approves the designation of company’s directors and secretary (if applicable)
  • Document address of the registered office
  • Optional: Valid License (if applicable)
  • Optional: Certificate of Good Standing if the company is more than 12 months’ old
  • Optional: Certificate of Incumbency

If director or shareholder is a legal person (corporate officer)

Bundle of certified and apostilled documents:

  • Copy of corporate documents (Certificate of Incorporation, Articles of Association, etc.)
  • Copy of company register (that must consist of Shareholders, Directors and Secretary)
  • Certificate of Incumbency
  • Certificate of Good Standing.

N.B.

  • Passport must have signature of holder and it must be identical to one in the application form.
  • Please also ensure that photo is clear.
  • If signature is located other than on the page where is photo and details of person, then please provide additional copy of that particular page.
  • If documents are not in English language, then they must be accompanied by a notarized translation.
  • Any shortcomings in application forms may cause delay affect the bank account opening time.