Banks preferred for EXPATS

Member since 01 July 2015

Vyas ChauhanMember15 October 2015 17:49:44

Dobrey Den, Hi to all

I have recently shifted to the Prague 6 from India with the student visa permit.
I wonder which bank should be preferred to open a student savings account with all the amenities including international wire transfer and minimum or free withdraw charges from ATMs in Czech Republic and other European countries.
I have heard about KB and FIO bank.
Suggest me the best options I can have.

罢丑补苍办蝉.听

jpleboeuf Active member

Member since 20 March 2015

jpleboeufActive member15 October 2015 20:49:14

Hi - have a look at zlatakoruna dot info.

jirka New member

Member since 14 March 2011

jirkaNew member19 October 2015 19:49:47

Hey Vyas,

CS, KB, CSOB and Unicredit are the Big 4, they may have special deals for students. That's probably the best option for you.
If no good, I'd go with either Fio, mBank or Zuno for regular transactions within Czech Republic. They all offer account and basic services for free, no hidden cost.
If you need to send or receive money to/from abroad (especially outside EU), that can get complicated - charges are insane.

Good luck!

Jirka

jirka New member

Member since 14 March 2011

jirkaNew member31 October 2015 15:41:50

Agreed, Fio is good, I've been using their services for almost 10 years myself.
They do not offer credit card though and never have. It must be debit card, that one is free.

GuestPoster145 Guest

GuestPoster145Guest02 November 2015 10:39:03

Hi,

If you just want a basic bank, I agree with the others about Fio but if you're looking to do more complicated things like get a mortgage or car loan, etc, Raiffeisen is the mostly friendly to non-native Czechs in my opinion.聽 They also are the only bank I've found willing to consider foreign sources of income (I live here but telecommute for work so my income does not originate from the Czech Republic, which raises red flags at most banks).