Money Transfer from UK Accounts to CSOB Bank
Sending UK pounds to or from Czech koruna into a CSOB Bank account in the Czech Republic, an FX broker will save you time and money on the transfer. The best alternatives for sending funds from the UK to a CSOB Bank account in the Czech Republic.
About CSOB Bank
CSOB Bank (Ceskoslovenska Obchodni Banka) was established in 1964 in the Czech Republic and is one of the largest banks in the country. CSOB has over 250 local Czech banking branches, over 900 ATM’s, and around 6,000 employees. The CSOB network services over 3 million customers both in the Czech Republic and abroad.
CSOB Bank UK GBP & CZK Exchange Rates
|Bank Name | FX Broker Comparison||FX Rate||GBP to CZK||FREE QUOTE|
|CSOB Bank||*5.0%||26.988 info||Enquire|
UK pound sterling (GBP) to Czech koruna (CZK) currency rates are updated daily at 09:00 GMT.
*Note: A lower FX Rate will give a better exchange rate when transferring money to/from Czech koruna. The recommended foreign exchange companies listed on our website can save you money and time with your international currency transfer requirements.
Money Transfer to/from CSOB Bank in the Czech Republic
Making a transfer to or from the Czech koruna using a bank service could potentially lose you thousands of pounds due to the poor FX margin rate offered. Private currency brokers offer a much more competitive rate of exchange. Example: Currency broker TorFX are one of the UK’s leading and largest foreign currency exchange specialists assisting private individuals and businesses with their foreign currency transfers to and from most countries worldwide.
UK bank to CSOB Bank account v Currency Brokers
1: Bank money transfer information: General Guidelines – High street banks also charge a commission fee when sending money abroad into another currency – Private brokers offer commission free currency transfers typically over a value of £5000 or 142072.889 Czech koruna. Bank transfer commission fees range from £15 to £30 depending on the bank.
2: Unless you pay a premium, high street banks will take from 3 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction between 1 to 3 days.
Sending Money Abroad with CSOB Bank
To transfer funds abroad from your CSOB Bank account, you have to give the beneficiary’s IBAN and BIC to the bank. International transfer requests may be submitted by fax as long as you have signed a request at your local CSOB Bank branch.