Consultants in Czechia, often working as a sole trader known as OSVČ or through a small company, usually want low running costs, simple invoicing, and a way to handle foreign client payments. Fio banka suits koruna focused work, while Wise and Revolut suit consultants paid in euros or other currencies.
Suits consultants best
Fio banka for low cost koruna work, Wise or Revolut for foreign currency income. As of 19 June 2026.
Typical monthly fee
Free to a few hundred koruna a month, depending on plan
Non resident position
Sole traders and companies can open, and European providers accept many non resident owners, subject to checks.
Providers that fit
Three covered here
Fees and features as of 19 June 2026Last reviewed 19 June 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
A consultant in Czechia working mainly in koruna often prefers a low cost account such as Fio banka, which markets a business account with no monthly maintenance fee. A consultant paid in euros or other currencies may prefer Wise Business or Revolut Business, which hold the koruna alongside other currencies and keep conversion clear. Sole traders, known locally as OSVČ, can open with a trade licence and identification. Information as of 19 June 2026, not advice.
What Consultants in Czechia need from a business account
Consultants usually run lean, invoice a handful of clients, and value low fixed costs, fast payments, and clean records for tax. Many are sole traders, known as OSVČ, while others use a small limited company. The priorities are a low monthly cost, simple invoicing and accounting links, and, where clients are abroad, multi currency receiving with clear conversion. Cash handling rarely matters. As of 19 June 2026.
F
Fio banka
Czech bank with a low cost business current account and no charge on standard domestic transactions, branch based and koruna focused.
These providers accept business customers in Czechia. Fees and eligibility shown as of 19 June 2026. Confirm current terms with the provider before applying.
Questions about banking for Consultants in Czechia
Which account suits a consultant in Czechia?
A consultant working mainly in koruna often prefers a low cost account such as Fio banka, while a consultant paid in euros or other currencies may prefer Wise Business or Revolut Business for multi currency receiving. Compare the monthly fee against transfer and conversion costs. Information as of 19 June 2026, not advice.
Can a sole trader open a business account in Czechia?
Yes. A sole trader, known as OSVČ, can open a business account with a valid trade licence and identification, and Fio banka offers a current account for entrepreneurs and trade licence holders. As of 19 June 2026. Verify the document list with the provider.
Can a consultant get paid in foreign currencies?
Yes. Wise and Revolut hold a Czech koruna balance alongside the euro and other currencies and give local details for receiving in several of them, which suits consultants with foreign clients. As of 19 June 2026. Confirm supported currencies and conversion charges with the provider.
How much does a consultant account cost in Czechia?
As of 19 June 2026, costs range from no monthly fee at Fio banka and Wise, which charge per use, to a few hundred koruna a month on paid Revolut plans. Transfers and currency conversion are charged on top. Confirm current pricing with the provider.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 19 June 2026. Confirm current terms with the provider before applying.