New chat on Expats.cz


Categories

Crowns to Euro, Dollars, or Pounds? Submit your Czech finance questions to our Money Q&A forums.

Cheapest way to transfer money to KC

Hi All, We need to transfer a reasonable amount of money to Kc, I transferred a smaller amount via a broker & UniCredit still charged me 1500Kc for transferring Kc from a foreign account into theirs! Opal Transfer etc have a ceiling limit for transfers, can we learn from your experiences please? Is there a way that you have found to transfer decent amounts of money without being charged huge amounts by the receiving bank here in Czech? Thanks in advance. Jules

Julian Little

Click to show all old posts

Enough to buy a house.

12.25.18 05.09.2017

No worries, genuinely didn't think about it at the time. I've edited the message.

13.14.35 29.08.2017

You should probably disclose this is an affiliate link Stephen. Might not matter to Julian, but better to be clear about it.

13.07.52 29.08.2017

What is a "reasonable amount of money" Julian? Transferwise is a good choice for bank-to-bank transfers. If cash, the best place is http://exchange.cz. Use the web coupon and you get a slightly better rate.

13.07.11 29.08.2017

https://transferwise.com/u/stephenb36 (first transfer is free up to some amount i can't remember)

11.49.39 25.08.2017

Seems a little high but not by much. Last time I had money transferred I did so from my bank in the USA and I was charged $25 by my US bank and €25 from my bank here (I have accounts in both Kc and EUR). I was probably charged some conversion fees as well but I don't remember how much those were. I've seen ads for this company often https://transferwise.com/. Might be worth looking into. Personally I only trust direct bank to bank transfers for my money, but it looks like transferwise is a legit company.

15.42.23 17.08.2017

Cheapest way to transfer money to KC

Hi All,

We need to transfer a reasonable amount of money to Kc, I transferred a smaller amount via a broker & UniCredit still charged me 1500Kc for transferring Kc from a foreign account into theirs!

Opal Transfer etc have a ceiling limit for transfers, can we learn from your experiences please?

Is there a way that you have found to transfer decent amounts of money without being charged huge amounts by the receiving bank here in Czech?

Thanks in advance.

Jules

10.44.39 14.08.2017