Guides

Best Bank in Czechia for Foreigners

Updated: 19.07.2026

The best bank in Czechia for a foreigner in 2026 is Air Bank, Fio banka, or ČSOB if you want a completely free account with no strings attached, and Raiffeisenbank if English-language app and support matter to you (this account is also free with no conditions). For currency exchange and travel, it's handy to add Revolut alongside your main Czech account.

There's no single "best" bank for everyone: the right choice depends on whether you have a residence permit, whether you speak Czech, whether you need an account for self-employment (OSVČ), and how often you withdraw cash abroad. Below is an honest comparison of seven banks covering maintenance fees, opening requirements, support language, and cash withdrawals. If you're just getting started, first read how to open an account at a Czech bank and which documents you'll need.

Comparison Table of Czech Banks (2026)

BankMaintenance feeFree-of-charge conditionEnglish supportCash withdrawalFor OSVČ
Air BankCZK 0no conditionsno, Czech onlyfree at Air Bank, UniCredit Bank, Moneta, and Komerční banka ATMsyes, free
Fio bankaCZK 0no conditionslimitedfree at Fio ATMsyes, free
ČSOBCZK 0no conditionsyes, often at branchesfree at ČSOB and Czech Post; other banks' ATMs in Czechia CZK 40; abroad CZK 40–100yes
Komerční bankaCZK 0 (Start tariff)no conditionslimitedfree within the shared KB, Moneta, Air Bank, and UniCredit ATM networkyes
MonetaCZK 0no conditionslimitedfree at all ATMs in Czechia and abroad (the ATM operator may still charge a fee)yes
RaiffeisenbankCZK 0no conditions (Chytrý účet)yes, website and appno bank commission in Czechia or abroad (watch out for DCC)yes
RevolutCZK 0 (Standard)no conditionsyesfree up to 5 withdrawals or roughly CZK 4,500 (€200) per month, then 2% (min. €1)yes (separate Business plan)

Important: "fee-free maintenance" almost always just means there's no monthly account fee. International payments, cash withdrawals abroad, or currency exchange may cost extra, so always check the current tariff on the bank's website — prices and terms change from time to time.

Bank-by-Bank Overview: Honest Pros and Cons

Air Bank

A popular choice among foreigners thanks to its simple app and fully free account with no conditions. Since September 2025, customers can hold up to 10 accounts with no maintenance fee, including foreign-currency accounts in EUR and USD.

Pros:

Cons:

Fio banka

A Czech bank with a free, no-strings-attached account and the ability to hold accounts in 14 currencies (CZK, EUR, USD, GBP, PLN, and more). A good option if you receive money from abroad.

Pros:

Cons:

ČSOB

A large universal bank with an extensive network of branches and ATMs; English is often spoken at branches. The Plus Konto tariff is free with no conditions for everyone.

Pros:

Cons:

Komerční banka (KB)

One of the largest banks in the country. The former MůjÚčet is no longer offered to new customers; the current free basic option is the Start tariff, with CZK 0 maintenance, no conditions, and online setup.

Pros:

Cons:

Moneta

The Tom Plus account is free with no conditions and offers one of the best deals on cash withdrawals: the bank charges no commission at any ATM, either in Czechia or abroad.

Pros:

Cons:

Raiffeisenbank

A bank that actively caters to foreigners: there's an English version of the website, online banking, and mobile app. The current account for new customers is Chytrý účet (which replaced eKonto Smart), free with no conditions.

Pros:

Cons:

Revolut

Technically not a Czech bank at all, but a service run by the Lithuanian Revolut Bank UAB with no physical branches — everything happens through the app. It works well as a supplementary account for currency exchange and travel, but with some caveats.

Pros:

Cons:

Bottom line on Revolut: keep it as a secondary account alongside your main Czech one, and run your salary and rent payments through a bank with a Czech IBAN. The same logic applies to Wise — more on that in our guide to Wise and Revolut transfers.

Which Bank to Choose for Your Situation

Accounts for Sole Traders and OSVČ

If you're setting up as OSVČ (self-employed) in Czechia, a separate business account makes bookkeeping and taxes easier, even though the law doesn't always require one. Free business accounts are available from Fio banka, Air Bank, Raiffeisenbank, Moneta, and others — domestic and SEPA payments are usually fee-free. Accountants can help with bookkeeping and taxes, and immigration lawyers can help with your status paperwork.

Frequently Asked Questions

Can a foreigner open an account at a Czech bank without a residence permit?

EU citizens can open an account using a passport or ID card plus a Czech address. Non-EU citizens generally need a residence permit and a passport. Under EU directive, a basic payment account is available to EU residents in any member state.

Which bank is easiest without knowing Czech?

Raiffeisenbank — the website and app are in English. ČSOB and other large banks often have English-speaking staff at branches. For documents and communication, translators can also help.

Do I need a Czech phone number?

Yes, many banks (Air Bank, for example) require a Czech number and won't accept foreign ones. Get a Czech SIM card before heading to the bank.

Is Revolut suitable as your only account?

Better not to rely on it alone. Because of the Lithuanian IBAN, not everywhere will accept it for salary or rent payments. Use Revolut as a supplement to your main Czech account.

What documents do I need to open an account?

A passport or ID card, a residence permit (for non-EU citizens), proof of a Czech address, and a Czech phone number. Foreign documents sometimes require a certified translation — see our guide on sworn/certified translation of documents in Czechia.

Decided on a bank? Move on to our step-by-step guide on how to open an account at a Czech bank, or browse all our guides to living in Czechia.

Comments (0)

Please be polite. Spam and insults will be removed.