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Czech Republic

Bank account

Service specification

TypeDescription
Direct to Bank methodDirect credit to bank account in EURO (EUR).
Supported beneficiary account type – individual and business.
Supported Sender type - Individual and business.
Transaction Turnaround Time- Real-time: 24x7 (within 15 minutes).
- If the transactions hit under partner screening, it might take maximum 48 hours to completed (Business hours)
- If the transaction reaches a compliance check on a non-business day, it will be processed on the next working day.
- All transactions are processed via Instant SEPA (real-time), otherwise it will be rerouted to SEPA (T+0) for beneficiary banks that do not support Instant SEPA.
Area availabilityRelated countries offered under SEPA EURO
Validation / Verification· No system validation on account available.
· The account number is using IBAN account number
Amount receivedBeneficiary received net amount as specified by Sender.
Transaction LimitMaximum per Transaction EUR 999,999
Minimum per Transaction EUR 1.00
Compliance accumulated limit EUR 45,000.00 per day per Beneficiary

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will be refunded on best effort basis once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
Remarks· Beneficiary address including Beneficiary City (bRegencyCode), and Beneficiary Postcode (bPostcode) are Mandatory Fields.
· Beneficiary address (bAddress) must be the full address registered with the beneficiary bank.
. Sender address including Sender City (sCity), and Sender Postcode (sPostcode) are Mandatory Fields.
· Sender and Beneficiary DOB are Mandatory Fields

· Registers of Participants in SEPA payment and payment related schemes | European Payments Council: https://www.europeanpaymentscouncil.eu/what-we-do/be-involved/register-participants/registers-participants-sepa-payment-schemes > (please refer SCT Inst and SCT)

There are list of industries that might lead the transaction screening:
· Pharmacies selling copy products without proper authority approval, incl. e-pharmacies
· Pornography industry (dating pages is as such acceptable)
· Tobacco industry
· Cannabis or other drugs in any form
· Weapons in any forms, including dual-use goods.
· Atomic power
· Extractive industries
· Precious metals and stones
· Companies selling counterfeit or infringed products
· Companies selling, storing or trading in Crypto currencies
· Binary Option Traders
· Pyramid schemes in any form
· Unregulated charities
· File sharing companies
· Shell banks
Do_Transfer bAccType Value1

Supported bank

NoNameIssuer Code
1SEPA CZECH REPUBLIC PAYOUT420001

Telegraphic Transfer

Service Specification

TypeDescription
Direct to bank method Direct credit to bank accounts in US Dollar (USD) and Czech Koruna (CZK).
Supported beneficiary account type – Individual & company
Supported sender account type - Individual & company
Transaction turnaround time *T+1 business days for USD transaction processed and credited before 6pm (Mon-Fri) GMT +8.

*T+1 business days for CZK transaction processed and credited before 6pm (Mon-Fri) GMT +8.

Transaction sent on Saturdays, Sundays or public holidays will be processed on next Czech Republican business day.

*Processing time may vary based on the beneficiary bank’s cut-off time.
Area availability Related countries offered under SEPA KORUNA
Validation / Verification No system validation on account available.
Amount received Beneficiary received net amount as specified by sender.
Transaction limit
Types of limitAmount
Maximum per transactionN/A
Compliance accumulated limit per day per beneficiary (USD)USD 50,000.00
Compliance accumulated limit per day per beneficiary (CZK)CZK 1,200,000.00
Maximum beneficiary No restriction
Service charge The transaction fee will be refunded on a best-effort basis after the transaction is accepted by the gloRemit® and forwarded to the payout channel.
Cancellation process Cancellation is on best-effort basis.
Remarks Beneficiary account currency must be the same with the currency of the transaction (USD or CZK).

Branch code is optional. If included, please enter exactly 3 characters to avoid the transaction being rejected.
Do_Transfer bAccType Value 11

List of Swift Code

NoNameSwift Code
142 FINANCIAL SERVICESFNSECZP1
2AIR BANK A.S.AIRACZPP
3AKCENTA CZ A.S.AKCNCZP2
4AKCENTA, SPORITELNI A UVERNI DRUZSTAKCTCZ21
5AKRO INVESTICNLSPOLECNOST, A.S.AKINCZP1
6ALTERNATIVE PAYMENT SOLUTIONS, S.R.APORCZP2
7AMUNDI CZECH REPUBLIC, INVESTICNI SINPKCZP1
8AMUNDI CZECH REPUBLIC, INVESTICNI SPISPCZP1
9ANDRASTE CAPITAL S.R.O.ANCSCZP1
10ARCELORMITTAL OSTRAVA A.S.USINCZ21
11ARTESA, SPORITELNI DRUZSTVOARTTCZPP
12ATLANTA SAFE, A.S.ATAFCZP1
13ATLANTIK ASSET MANAGEMENT INVESTICNAAMVCZ21
14ATLANTIK FINANCNI TRHY, A.S.ATLKCZP1
15B-EFEKT, A.S.BEFKCZP1
16BANCIBO SEBNIBCZP1
17BANK OF CHINA (CEE) LTD. PRAGUE BRABKCHCZPP
18BANK OF COMMUNICATIONS CO., LTD. -COMMCZPP
19BANKA CREDITASCTASCZ22
20BANKA CREDITAS A.S. (FORMERLY MAX BEXPNCZPP
21BCRL, S.R.O.VESECZP1
22BEEKASH PAYMENT SOLUTION SROBPORCZ22
23BESTPAY S.R.O.BEORCZP2
24BH SECURITIES A.S.SEESCZP1
25BNP PARIBAS PERSONAL FINANCE SA, ODBPPFCZP1
26BNP PARIBAS S.A., POBOCKA CESKA REPGEBACZPP
27BROKERJET CESKE SPORITELNY, A.S.BRCYCZP1
28BURZOVNI SPOLECNOST PRO KAPITALOVYBSPKCZP1
29BUSINESS CREDIT S.R.O.BURSCZP1
30CARDUUS ASSET MANAGEMENT, INVESTICNCSMVCZP1
31CE INDUSTRIES A.S.IDUSCZPP
32CENTRALNI DEPOZITAR CENNYCH PAPIRU,UNIYCZPP
33CENTRALNI DEPOZITAR CENNYCH PAPIRU,UNIYCZPA
34CESKA BANKA A.S.CSKBCZP1
35CESKA NARODNI BANKACNBACZPP
36CESKA NARODNI BANKACNBACZPB
37CESKA SPORITELNA ASGIBACZPX
38CESKOMORAVSKA ZARUCNI A ROZVOJOVA BCMZRCZP1
39CESKOSLOVENSKA OBCHODNI BANKA A SCEKOCZPP
40CEZ, A. S.CEZCCZPP
41CITFIN, SPORITELNI DRUZSTVOCITFCZPP
42CITFIN-FINANCNI TRHY, A.S.CIIHCZP1
43CITIBANK EUROPE PLC, ORGANIZACNI SLCITICZPX
44CME SERVICES S.R.O.CMEHCZPP
45COLOSSEUM, A.S.CLLSCZP1
46COMMERZBANK AGCOBACZPX
47CONSEQ INVESTMENT MANAGEMENT,A.S.COVGCZP1
48CREA PAY S.R.O.SMTLCZP2
49CREDITANSTALT SECURITIESCAIBCZP1
50CSGM A.S.SGGMCZPP
51CSOB ASSET MANAGEMENTCSOBCZP1
52CSOB ASSET MANAGEMENT, A.S., INVESTCSIVCZP1
53CYRRUS CORPORATE FINANCE, A.S.CYCFCZ21
54CYRRUS, A.S.CYRRCZ21
55CZECH EXPORT BANKCZEECZPP
56DEUTSCHE BANK AKTIENGESELLSCHAFT FIDEUTCZPX
57DIRECT FIDOO PAYMENTS S.R.O.DFPSCZP2
58DOM MAKLERSKI BANKU OCHRONY SRODOWIDMORCZP1
59E-STEPS S.R.O.ESROCZP2
60EFEKTA SECURITIES BROKER A.S.EFCOCZ21
61ENERGETICKY A PRUMYSLOVY HOLDING, AEPHLCZPP
62EP ENERGY, A.S.CZEHCZP1
63EP ENERGY, A.S.HOIVCZP1
64EQUITY HOLDING, A.S.EQHOCZP1
65EUPSPROVIDER S.R.O.EPSOCZP1
66EURO FINANCIAL CORPORATION S.R.O.EFCPCZP1
67EUROPEAN INVESTMENT CENTRE O.C.P.,EICOCZ21
68EUROPEAN SECUREPAY CENTER S.R.O.KOLOCZP2
69EXCHANGE S.R.O.EXSOCZP1
70EZPADA S.R.O.EZSRCZP1
71FAIRPLAY PAY S.R.O.FAPOCZP1
72FAS FINANCE COMPANY S.R.O.FFCSCZP1
73FIO BANKA A.S.FIOZCZP1
74FIO BANKA, A.S.FIOBCZPP
75GAUDEA A.S.GAUDCZP1
76GENERALI INVESTMENTS CEE, INV.SPOL,GNRLCZPP
77GENERALI INVESTMENTS CEE, INVESTICNPPAMCZP1
78HIGHSKY BROKERS, A. S.HIBRCZP1
79HSBC CONTINENTAL EUROPE, CZECH REPUMIDLCZPP
80INDUSTRIAL AND COMMERCIAL BANK OF CICBKCZPP
81ING BANK NVINGBCZPP
82INVESTICNLSPOLECNOST CESKE SPORITELINEYCZP1
83J AND T BANKA A.S.JTBPCZPP
84J AND T FINANCE GROUP SEFNENCZP1
85J AND T INVESTICNI SPOLECNOST, A.S.ASMVCZP1
86KEY INVESTMENTS A.S.KEIECZP1
87KIWI.COM S.R.O.KSOOCZ22
88KOMERCNI BANKA A.S.KOMBCZPP
89LASALLE INVESTMENT MANAGEMENT, ORGALIMOCZ21
90LYNX B.V., ORGANIZACNI SLOZKALYOSCZP1
91MBANK S.A., ORGANIZACNI SLOZKABREXCZPP
92MERX A.S.MERXCZ21
93MINISTRY OF FINANCE OF THE CZECH REMFCRCZP1
94MOBIS AUTOMOTIVE CZECH S.R.OHYMOCZ21