WHAT THE SERVICE INCLUDES

Communication with the bank: responding to enquiries, clarifying details, submitting documents on behalf of the company;
Responses to the bank’s compliance requests: preparing explanations of the source of funds and business structure;
Resolving account issues: unblocking, restoring access, addressing the causes of restrictions;
Support for scheduled and unscheduled bank due diligence;
Selection of alternative banks or EMIs if a change of bank is required;
Advice on meeting the bank’s requirements when changing business activities;
Account monitoring and early warning of potential issues.

WHO IS THIS SERVICE SUITABLE FOR

Companies that have received a compliance request from a bank

The bank has sent a request regarding the origin of funds, business structure or counterparties — a correct response must be prepared within the specified timeframe.

Businesses with a blocked or restricted account

The bank has restricted transactions or frozen the account — immediate assistance is needed to restore access.

Foreign companies without a Czech-speaking representative

There is no staff member capable of communicating with the bank in Czech — all requests remain unanswered, which creates risks.

Companies undergoing a change of director or structure

There has been a change in ownership or in the director – the bank has requested that you complete the KYC process again or update your documents.

Preventing Blockages and Transaction Audit

Regular banking support allows foreign entrepreneurs to avoid sudden corporate account freezes due to suspicious transactions. European financial institutions use automated monitoring systems that instantly react to atypical transfers or a sharp increase in company turnover. Our specialists analyze your planned contracts in advance and prepare comprehensive explanations for the security department before a transaction gets rejected. We build competent communication with managers, translating complex commercial processes into a language understandable for bank compliance. Such a proactive approach guarantees the uninterrupted operation of your business and reliably protects your working capital from bureaucratic delays.

Legalizing Large International Transfers

Receiving payments from countries outside the European Union always attracts increased attention from Czech financial regulators. Professional banking support becomes a critical tool for safely passing currency control when working with foreign counterparties. We help correctly prepare supporting documentation, including invoices, waybills, and customs declarations, to completely dispel money laundering suspicions. If the bank requests additional data about the ultimate beneficial owner of your foreign partner, we promptly formulate a legally sound response with references to international law. Thanks to our involvement, your international deals proceed strictly according to schedule, without attracting unnecessary attention from regulatory authorities (ČNB).

GOOGLE REVIEWS

Theodore Tserni

Great advice from very competent professionals regarding a surprisingly large variety of business related questions! Definitely recommend to anyone interested in finding the most efficient path to solving various challenges.

Anton Zhuravel

Great accounting and tax consulting services! NAWI Europe helped us set up our business in Prague smoothly. Highly recommend!

Vyacheslav Vlasenko

We, the IT company from Ukraine opened a branch in the Prague with the help of this team and are very satisfied. Everything was organized quickly and professionally. The Nawi handled all the formalities and provided valuable recommendations. We recommend their services to anyone planning to start a business in the Czech Republic.

Artur Luganskyi

I was recommended to contact NAWI Europe and specifically Eduard for financial matters. We quickly arranged a meeting. Eduard proposed a solution, warned about potential pitfalls that needed to be considered. During the process, he did everything that depended on him and even more: he checked contracts, recommended people to solve issues that did not directly concern him. Everything was done clearly, on time, and within my budget.

Only positive impressions from the cooperation. I recommend NAWI Europe and Eduard personally as a professional and as an honest and responsible person.

Alona Zhuravel

Very reliable partner for financial and legal consulting. We appreciate their personalized approach.

Serhii Polyvanyi

Our company, specializing in web design, had the opportunity to collaborate with NAWI Europe a.s.  in key areas such as immigration law, legal advisory, and accounting services. This partnership has  been invaluable and allowed us to grow our business with confidence and peace of mind.
The team at NAWI Europe a.s. provided expert advice on immigration law, particularly regarding the employment of foreign workers. Additionally, they assisted us with the preparation and review of legal documents, ensuring the protection of our interests in contractual relationships. Their accounting consultancy enabled us to optimize our financial processes and ensure full compliance with tax and accounting regulations.
We greatly value their professional approach, their ability to promptly respond to our needs, and their clear communication of even complex legal and accounting matters.
Thanks to their support, we were able to focus on our core business activities and expand our client portfolio. We highly recommend NAWI Europe a.s. to any company seeking a reliable and experienced partner in legal, accounting, and specialized consultancy services.

FAQ

Why does the bank request additional documents after the account has already been opened?

These are scheduled or unscheduled compliance checks that banks are required to carry out in accordance with ČNB requirements and AML legislation. They may request updated documents, information on the source of funds, or confirmation of business activities.

What should I do if the bank has blocked my account?

Don’t panic and don’t ignore it. Contact us immediately — we will analyse the reason for the block and prepare a response for the bank. Delaying will only make the situation worse.

Can a bank close an account without warning?

Yes. The bank is entitled to close an account if the company fails to respond to compliance requests, its activities do not match those declared at account opening, or the bank has identified risks. We help prevent this.

Can you act on behalf of our company when communicating with the bank?

Yes, provided we have a valid power of attorney, we represent the company at the bank, respond to enquiries, submit documents and participate in communications.