How to open a bank account in Incognito Bank (Czechia)

The fee for intrabank transfers is EUR 6 (electronic transfer) and EUR 8 (payment instruction). For electronic transfers: SEPA payment (outgoing) of not more than EUR 50 000 – EUR 8 EUR, of more than EUR 50 000 – EUR 47. Other payments: SEPA payment (outgoing) of not more than EUR 50 000 – EUR 12, of more than EUR 50 000 – EUR 60

The fee for intrabank incoming transfers is EUR 6 (electronic transfer) and EUR 8 (payment instruction). SEPA payment (incoming) of not more than EUR 50 000 – EUR 8 EUR. Other incoming payments SHA/BEN, including SEPA, of more than EUR 50 000 – EUR 47

Account maintenance fee is EUR 4 / USD 5 / RUR 160 per month. Opening and closing of account is free of charge

Internet banking. The client service is only available in English and Czech. Authorization to the bank can be given in two ways: by an SMS-code and by an electronic digital signature with a Certificate (a Token, a USB device similar to a flash-memory stick). Internet banking fee is EUR 4 per month. Token – EUR 40. Technical service to the client, where it is not the bank’s fault, costs EUR 12 per hour

The bank offers a wide range of financial market services: trading of domestic and foreign securities; trading of all monetary instruments, including currencies; the bank’s key specialization is trading of shares and debentures; securities trading services are primarily oriented towards institutional investors. Bank’s corporate services include an entire complex of financial, operational and consulting services for medium-sized and large corporate clients (with the annual turnover of at least CZK 300 million), including all sorts of credit facilities. Private Banking for both corporate and individual clients

MasterCard Electronic - Business (fee of EUR 2 per month); MasterCard Embossed - Business (fee of EUR 4 per month); MasterCard Gold - Business (fee of EUR 19 per month)

Bank statements can be provided via Homebanking, email, be delivered by hand, by post, or international courier service. The fee for daily EUR statements (when the account is active) is from EUR 0 to 20; weekly statements – from EUR 0 to 18; monthly statements – from EUR 0 to 16; quarterly statements – from EUR 0 to 12. For USD: daily statements (when the account is active) – from USD 0 to 26; weekly statements – from USD 0 to 24; monthly statements – from EUR 0 to 22; quarterly statements – from USD 0 to 18. For RUR: daily statements (when the account is active) – from RUR 0 to 960; weekly statements – from RUR 0 to 800; monthly statements – from RUR 0 to 560; quarterly statements - RUR 0 to 480

No visit to the bank is required. A meeting with a banker can be arranged during his visit to Moscow

Completed bank forms; client’s passport copy; client’s CV; standard set of corporate documents

Savings

It is possible to open an account without visiting the country where the bank is located

Predictable

Relatively detailed: in addition to the description of the business, the origin of funds needs to be disclosed