New to Czechia? An expat banking expert shares top tips on getting your finances in order
Sorting out your personal finances when arriving in the country, including setting up a bank account and transferring savings, doesn’t have to be daunting.
Investing top tips: Who’s really advising you?
Why should you avoid being lured by unqualified ‘investment wealth managers’ who redirect you to other firms?
Czechia is embracing the euro: Here's how you can benefit
It’s becoming easier to send euros, more profitable to deposit them, and many will be paid with the shared currency next year.
Upcoming changes will streamline key transactions and operations in Czechia
Digital powers of attorney and shared ATM networks, spurred by the country’s digitization and tech efforts, aim to make life easier for consumers.
ASK AN EXPERT: What makes a great investor?
We asked a wealth manager from Czech investment firm Wood & Co. about the qualities you need to invest wisely and successfully.
Investing top tips: Don’t be misled by unregulated advisers
Expats.cz spoke to an expat-focused investment firm about the dangers of misrepresentation in the investment industry.
The way you sign into Raiffeisen internet banking is about to change
Citing the need for extra security, Raiffeisenbank says consumers will need to scan a QR code via the mobile banking app, along with all the current steps.
Czech banks are adjusting interest rates: What does this mean for you?
Several banks in Czechia have decided to slightly drop their interest rates in response to the Czech central bank's decision to cut the base mortgage rate.
A compromise between cards and cash? Czech banks launch new payment system
The new tool which negates the need for a classic payment terminal, helps reduces fees for businesses and is open to all bank clients.
Czech National Bank removes major hurdle in securing a mortgage
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An upcoming change will mean that, from 2024, people with higher levels of debt and lower incomes have a much higher chance of acquiring a mortgage.
EXPLAINED: How to transfer money via mobile number in Czechia
A newly launched service offered by the country’s largest banks streamlines the process of transferring money between accounts.
A team of IT experts in Prague is redefining the future of banking
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Commerzbank’s Digital Technology Center in Prague demonstrates the importance of innovative technology to modern banking.
Paying for SMS verification: Czech banks to introduce fee to receive text
In a bid to promote their mobile applications, from November five major Czech banks will charge customers who use SMS-based authentication.
You'll soon be able transfer money via mobile phone in Czechia
A new project from the Czech National Bank will match bank accounts to phone numbers.
How to defeat inflation by unlocking lucrative investment opportunities in Czechia
Amid a plethora of financial services providers on the Czech market, one investment bank stands out for its innovative approach and proven profitability.
More Russian attacks on Czech banks: Hackers call for end of support to Ukraine
Among the affected institutions were Komerční banka, ČSOB, Air Bank, Fio banka, Raiffeisen, Moneta Money Bank, and the Prague Stock Exchange.
American Express canceling most of its remaining services in Czechia
The charge card company, mainly used by business travelers, is scaling back its international operations.
