Czechia · Importers and Exporters

Best business accounts for Importers and Exporters in Czechia

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson · Last reviewed 3 June 2026
Snapshot

Importers and exporters in Czechia pay suppliers and invoice buyers across currencies, so the priority is holding euros, dollars, and other currencies and converting near the market rate. Wise Business and Revolut Business cover the multi currency side, while full service banks such as Komercni banka and Raiffeisenbank add euro accounts and trade finance. Czechia uses the koruna and sits inside the European single market, so much trade is in euros.

Suits traders best
Depends on need. Wise Business suits low cost currency conversion, while a full service bank suits trade finance such as letters of credit. As of 3 June 2026.
Typical monthly fee
CZK 0 with Wise Business, paid plans on Revolut Business and Finom, and a package fee at full service banks, as of 3 June 2026.
Non resident position
Possible where the company is registered in Czechia. Beneficial owner and source of funds checks apply. Unclear cases, verify with the provider.
Providers that fit
Several. At least three providers serve registered trading companies in Czechia.
Fees and features as of 3 June 2026Last reviewed 3 June 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

A trading company in Czechia usually needs to hold several currencies, convert near the market rate, and send and receive foreign payments quickly, while keeping a koruna account for domestic costs and tax. As of 3 June 2026, Wise Business and Revolut Business hold and convert euros, dollars, and other currencies, while full service domestic banks such as Komercni banka and Raiffeisenbank add euro accounts and trade finance. Figures below are shown as of 3 June 2026, so confirm current terms with the provider.

What Importers and Exporters in Czechia need from a business account

Cross border trade lives and dies on currency cost and payment speed. The features that matter most are multi currency accounts in euros, dollars, and other currencies, conversion near the market rate, fast incoming and outgoing foreign payments, and where needed trade finance such as letters of credit and documentary collections. Czechia is a European Union member that uses the koruna rather than the euro, so a trader typically holds both. Digital providers such as Wise Business and Revolut Business handle the currency and payment side at low cost, while full service banks such as Komercni banka and Raiffeisenbank handle trade finance and lending. Wise operates as an electronic money institution rather than a bank, which changes how funds are held. Confirm the route with the provider and a qualified adviser.

Wise Business
Holds and converts many currencies at the mid market rate, with local account details to pay and get paid abroad. No trade finance or cash deposits.
Best for
Low cost currency conversion
Monthly fee
No monthly fee, a one time setup fee of about CZK 1,150 applies
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Revolut Business
Multi currency accounts, cards, and bulk payments for traders paying many suppliers. Support is mainly in app.
Best for
Supplier payments
Monthly fee
Free Basic plan, paid plans add allowances
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Finom
European business account with invoicing and accounting integrations for traders who bill across the single market. Issues a European IBAN rather than a Czech one.
Best for
Invoicing across the EU
Monthly fee
Plans vary, from a low monthly fee as of 3 June 2026
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Compare accounts for Importers and Exporters in Czechia

These providers serve registered trading companies in Czechia. Fees and eligibility shown as of 3 June 2026. Confirm current terms with the provider before applying.

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Questions about banking for Importers and Exporters in Czechia

What account suits an importer or exporter in Czechia?
It depends on the trade. A business paying suppliers and invoicing buyers abroad usually wants to hold euros, dollars, and other currencies and convert near the market rate, which suits Wise Business and Revolut Business. A firm that needs trade finance such as letters of credit usually adds a full service domestic bank. As of 3 June 2026, confirm current terms with the provider. This is general information, not advice.
Can a Czech trading company hold euro and dollar accounts?
Yes. As of 3 June 2026, domestic banks add euro accounts to a koruna account, and Wise Business and Revolut Business hold and convert several currencies including euros and dollars. The cost of conversion and the available currencies differ by provider, so verify the current terms with the provider before applying.
Do these providers offer trade finance such as letters of credit?
Trade finance such as letters of credit and documentary collections is usually offered by full service domestic banks rather than by digital multi currency providers. Wise Business and Revolut Business focus on payments and currency, not trade finance. As of 3 June 2026, confirm what each provider offers before you rely on it.
How are foreign payments priced for Czech traders?
Foreign payments carry a conversion cost and sometimes a transfer fee. Multi currency providers such as Wise Business price conversion close to the mid market rate, while banks may add a margin to the exchange rate. As of 3 June 2026, compare the total cost on a real payment and confirm the figures with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 3 June 2026. Confirm current terms with the provider before applying.

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