Komerční banka (KB) is a large Czech bank and the main company of KBGroup, a member of the international financial group Société Générale. KB is a universal bank that provides a wide range of services in the field of retail, corporate and investment banking services. KBGroup operates in the Czech Republic, and also provides services to corporate clients in Slovakia. It serves more than 1.6 million customers in 399 branches
Founding date
1990
Account Opening Terms
Recommendations
Not required
Description of activity
Required
Account type
Personal, corporate, savings
Accounts types
Personal, corporate, savings
Required documents
Standard package of documents: photocopies of the company's apostilled constituent documents, photocopy of the passport of director/trustee/beneficiary, description of the client's business, completed application form, certificate of tax resident. All documents, except passports, must be translated into Czech
Transaction speed
3 days
Minimum balance
0
Initial founding fee
7
Account opening nuances
No
Account opening, possibility
Calculated and perceived
Cost and nuances of account maintenance
Translation cost
0.9% CZK
Account maintenance cost
169 CZK per month
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