Opening a Bank Account & Cancelling Account Blocks in the Czech Republic and Europe

Facilitating cryptocurrency transactions for businesses & individuals.

We streamline the process, saving our clients' time by offering comprehensive payment solutions, from analyzing their needs to submitting and obtaining document approvals from banks.

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Support for Every Project by Eduard Malyarchuk

Eduard Malyarchuk

SEO at NAWI

Manages assets worth 100+ million
Residing in the Czech Republic for 17 years with a decade of business expertise
Leading the development of over 30 projects

We don't just deal with real estate — we build strategies that impact your investment returns.

our achievements

Our rating on Google - 5.0

Forbes 30 under 30 in the Czech
Republic

Award from the magazine
The CEO Magazine

The first business AI assistant in the Czech
Republic according to the magazine
INNOVATION

Top 10 Business Development Companies
in the Czech Republic by
magazine
PREMIUM GUIDE

Top 5 promising startups in
real estate according to
magazine
REAL ESTATE BUSINESS

Benefits of opening a bank account in the Czech Republic with NAWI

Integrated financial solutions

When non-residents register an account with a Czech bank through NAWI, they gain access to essential financial transactions in the Czech Republic and Europe. NAWI facilitates the unlocking of accounts and the seamless execution of cryptocurrency operations.

Information security

NAWI collaborates with Czech and European banks that prioritize the protection of customer information. Confidential data is disclosed only in exceptional circumstances, guaranteeing the utmost security.

Convenience

With NAWI, opening a bank account is a straightforward process, eliminating the need for letters of recommendation or a detailed credit history. A minimal package of documents is all that's required.

Time-saving

The account opening process through NAWI typically takes only 7 to 14 days, ensuring a swift and efficient experience for our clients.

Exceptional customer service

NAWI delivers fast and high-quality customer service, ensuring prompt and efficient processing of client applications

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Why Open a Bank Account in the Czech Republic and Europe?

European standards of banking services

Opening a bank account in the Czech Republic grants you access to the impeccable service standards upheld by the European banking sector. Experience reliability, stability, and efficiency in your business's financial activities.

Global accessibility and ease

Possessing a Czech Republic bank account empowers NAWI clients to seamlessly conduct cross-border transactions and manage funds on an international scale. This is an ideal solution for international businesses and individual investors.

Versatility and extensive financial services

Czech Republic banks offer a diverse array of financial services, encompassing credit lines, investment products, and payment systems. This ensures flexibility and fosters opportunities for business growth.

Security and confidentiality

Czech banks are known for their high standards of security and privacy, providing reliable protection of financial assets and personal information.

Support for international standards and requirements

Embarking on the journey of opening a bank account in the Czech Republic allows you to align with international financial standards and requirements, especially considering the ever-stringent regulations within the EU.

Lucrative foreign exchange transactions

Czech banks offer competitive conditions for foreign exchange transactions, particularly when dealing with euros, Czech koruna, and other global currencies.

Stages of Opening a Bank Account in the Czech Republic and Europe

Analysis of client's needs

At the outset, our specialists conduct a detailed study of each client's individual needs and requirements. This step is crucial for understanding the specific business and financial goals, forming the foundation for the most efficient and personalized service.

Choosing a banking institution

Based on the analysis, the NAWI team develops an individual action plan with optimal solutions, including the choice of bank and account type, as well as additional financial services that meet the client's needs.

Professional document preparation

At this stage, we prepare and complete all required documents for account opening, ensuring compliance with current legislation and the specific requirements of the chosen bank.

Coordination with leading banks in Europe

NAWI collaborates with top banks in the Czech Republic and Europe, granting our clients access to the best banking products and services at favorable rates.

Comprehensive issue resolution

The final stage involves a holistic approach to addressing any issues that may arise during the account opening and business operations. We extend our support to facilitate cryptocurrency transactions, alleviate account blocking, and offer services for other legal matters such as company registration and real estate purchases.

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Required Documents for Opening Bank Accounts in the Czech Republic and Europe

For Legal Entities

Constituent documents and identity cards of all founders and directors of the company
A detailed business model outlining the company's operations
Justification of economic ties to the Czech Republic
Agreements with partners and clients in the Czech Republic

For Individuals (Non-Residents)

Proof of identity
Proof legitimizing the origin of funds and assets
Justification for the economic need to open an account in the Czech Republic

What Types of Bank Accounts Do We Open in the Czech Republic and Europe?

Personal account

Used by individuals for everyday financial transactions, including storing money, making payments, and receiving salaries or pensions. This account may include debit cards, checkbooks, and online banking services

Checking account

Typically used by companies and businesses to manage their daily operations, enabling transactions such as fund transfers, bill payments, and other business-related activities.

Correspondent account

Opened by one bank with another, this account facilitates interbank transactions, including clearing, settlement, and other banking services.

Guarantee Account

Employed as collateral to fulfill contractual or financial obligations. It also provides guarantees for transactions or secures loans

LORO Account

A bank-maintained account for another bank, holding the latter's funds.

NOSTRO account

A bank-maintained account in foreign currency with a correspondent bank in a different country.

Account for authorized capital.

A specialized account intended to retain funds constituting a company's authorized capital during its registration or capital increase. These funds are typically frozen until the registration process is complete or relevant legal requirements are met.

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Reasons for Blocking a Bank Account

Actions by tax authorities

Problems with tax payments, such as late payments or incorrect submission of tax returns, can lead to the blocking of funds in the client's account. This decision is made by the tax authorities

Changes in bank policy or legislation

Updates to the bank's internal policies or changes in legislation, including directives from the European Central Bank and the Czech Central Bank, may necessitate adjustments in account management. This, in turn, can temporarily restrict access to funds.

Enforcement of court or Administrative Decisions

In situations involving court proceedings or administrative decisions related to financial obligations, accounts may be seized to secure debt repayment. This results in the transfer of funds to the creditor.

Residence Status of the Company CEO

If it's found that the CEO of the company associated with the account is not a Czech resident, the bank may block funds based on internal policies or legal requirements.

Errors in Documentation or Control Procedures

Mistakes in the company's documentation or during control checks can lead to a temporary blocking of funds in the account.

Anti-Money Laundering Checks (AML Checks)

Banks regularly conduct AML checks to identify suspicious activity. If such transactions are detected, funds in the account may be blocked until the check is completed.

Operations with Cryptocurrency

Setting up cryptocurrency companies worldwide

We assist clients in establishing and registering cryptocurrency companies, transforming individuals into cryptocurrency business entities across various jurisdictions globally.

Token placement and mining support

Our advisory services extend to token placement, securities, and the organization of mining processes. We empower clients to navigate and harness the potential of the cryptocurrency market effectively.

Legal and investment guidance

Benefit from our professional advice on investment and business activities in the realm of cryptocurrencies. We help clients navigate the complexities of this dynamic market.

Reporting documentation management

Count on us to aid in preparing and maintaining all necessary reporting documentation associated with cryptocurrency transactions.

Dispute resolution services

In case of disputes or legal issues related to cryptocurrencies, we provide advisory support and represent clients' interests.

Optimizing cryptocurrency transactions

We assist clients in the execution and optimization of cryptocurrency transactions.

Taxation assistance for cryptocurrency transactions

NAWI ensures compliance with relevant legal requirements by providing assistance in the taxation of cryptocurrency transactions.

Cryptocurrency exchange and financial transactions

Avail our cryptocurrency exchange services for traditional currencies like Czech crowns, euros, and dollars. We guide clients through international financial transactions seamlessly.

Why Choose Us?

Over 10 Years of Experience

Forget about the problems with opening a corporate bank account in Europe! Rejections, blocking of funds, account closures and constant difficulties with verification — all this will stop hindering your business in the Czech Republic and Europe as a whole.

Guaranteed Results

Partnerships with Leading Banks

Benefit from our collaborations with renowned banks such as Česká spořitelna, Komerční banka, ČSOB (Československá Obchodní Banka), UniCredit Bank, and Raiffeisenbank. We assure successful navigation through any challenges that may arise.

Global Banking Services and High-Risk Niches

NAWI provides comprehensive banking services, facilitating account openings in the Czech Republic and globally. Partnered with Creditas and J&T banks, we specialize in high-risk sectors like gambling, forex, exports, and other industries. Our tailored support and guidance cater to your specific needs.

What do customers say about us?

Oleh Mono

Eduard, hello! Your advice in choosing a property was quite effective. I think we made the best choice. Your team is real experts!

06:04

Alex LA

Ed, to be honest, I had great doubts at first, especially about investing in the Czech Republic. But, you know what? Now, seeing how it turned out, I understand that it was the right decision. Thank you for answering all my questions! 🙏

06:06

Kolia Financier

Look, I constantly forget to thank you for the operational development of finance. Simply super, owner pleased. I am happy in our cooperation.

06:15

Anton Export

By the way, what I wanted to say, your real estate funds turned out to be a great option for me. Thank you for your efficiency!

06:18

Questions&Answers

How quickly can I open a bank account in the Czech Republic through NAWI?

The account opening process typically takes 7 to 14 days from submitting all required documents

Can NAWI help me with the accounting records of my business?

Yes, our experts support in preparing and maintaining reporting documentation to ensure your business complies with regulatory requirements.

Does NAWI provide advice on investing in cryptocurrencies?

Absolutely, we offer advisory services on investing in cryptocurrencies, assisting clients in developing effective investment strategies.

What security guarantees does NAWI provide when working with banks in the Czech Republic?

We exclusively collaborate with reliable and trusted banks, ensuring a high level of security and confidentiality for our clients' financial transactions.

Can NAWI help with resolving disputes related to cryptocurrencies?

Certainly, we provide legal support and advice to resolve any disputes arising from cryptocurrency activities.

Are NAWI services available to individuals who want to invest in cryptocurrencies?

Yes, we offer a broad range of services for individuals, providing advice and support for buying and selling cryptocurrencies.