Personal Finance Money transfer

ČSOB payment abroad from the Czech Republic: Fees, exchange rate, speed, and step-by-step instructions

Olesya Mets

19.03.26

Read time 3 minutes

Planning to send money abroad from your Czech koruna account but unsure about the fees? This article explains how international payments work at ČSOB and outlines their cost. We’ll also guide you through the exact steps for making a payment if you're not sure how to do so.

Send money internationally with Wise to 160+ countries in 40+ currencies. You’ll only pay small, transparent fees and you’ll always get the mid-market exchange rate without a markup.

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How international payments work at ČSOB

🔍 Quick example: You're sending 1,200 EUR from your CZK account to a German account. How much will you pay in Czech korunas with ČSOB versus Wise?

Provider	Total cost including fees¹	Exchange rate for 1 EUR
ČSOB	29,976 CZK	24.98 CZK²
Wise	29,394 CZK	24.38 CZK

Data valid as of the article's writing date.

With ČSOB, this international payment would cost you 582 CZK more than with Wise. This is solely due to the exchange rate, which ČSOB offers at a less favorable rate. We'll look at this in more detail later in the article.

ČSOB international payments – fees

How much will you pay for the international payment itself? It depends on the currency you're sending and the destination.

ČSOB SEPA payments

Like most banks, ČSOB offers free euro payments to countries within the European Economic Area. However, if you choose to make the payment at a branch, be prepared for a 144 CZK fee.¹

ČSOB international payments (non-SEPA)

When sending money outside the EEA, you'll face a fee of 1% of the amount being sent. The minimum charge is 250 CZK, even if you're only sending a few hundred korunas. These are the rules. The maximum fee is capped at 1,500 CZK.¹

ČSOB exchange rates

Whether you pay a fee for a transaction or not, you'll always lose out due to currency conversion. ČSOB sets its own exchange rates by adding a margin of approximately 2–4% to the mid-market exchange rate. This allows them to profit from the exchange, while you lose money. Unfortunately, this is common banking practice.

Want the mid-market rate and low fees? Manage international transfers with Wise

If you don't want to lose money unnecessarily, send payments abroad with a Wise multi-currency account. Wise uses the mid-market exchange rate for all currency exchanges, which is the rate financial markets operate on. You can also manage 40+ currencies on your account without paying any account maintenance fees.

Open your Wise account for free, quickly and easily. All you'll need is your ID and a mobile device – there's no need to visit a bank office.

With the Wise Account you can:

Hold 40+ currencies and convert between them at the mid-market rate. We will show our conversion fees upfront
Get local account details in up to 9 currencies, including EUR, GBP, and USD
Receive balance cashback on EUR, GBP and USD held in your account
Order a Wise debit card which you can use with our Smart Conversion technology
Set up Auto Conversions based on your desired rate in the Wise app or use our Wise Rate Tracker to request exchange rate notifications directly to your email
Create Wise virtual cards, and save on online shopping
Get instant notifications of all your transactions via the Wise app. If you lose your card, you can easily cancel it in the app to keep your money safe

Open your Wise account
for free 🚀

How to send money abroad with ČSOB

The easiest and cheapest way is through online banking. First, you'll need the recipient's account details in international format. For SEPA payments, an IBAN will suffice. For other international payments, you'll typically need the bank's BIC (SWIFT) code, its country, and the recipient's name and address.³

Internet banking and ČSOB Smart – international payments

Log in to your internet banking.
Click on "Payment" or "Payments".
Select the "SEPA" or "International payment" option.
Enter the amount and required details.
Click the "Pay" icon.
Authorize the payment as usual.
Sent.⁴

How to submit an international transfer at a branch

You can also submit a payment in person at a branch. Just be aware that in addition to the payment fee, you'll also pay 144 CZK for the payment processing itself.¹ You can speed up the process by bringing a completed international transfer order form.

How to receive money from abroad?

A payment from abroad will arrive in your account without you needing to do anything: simply share your bank details in international format with the sender.

Wondering: "Where can I find ČSOB's IBAN and BIC?"

You can find your ČSOB IBAN in your online banking within your account details or on your bank statement. You can also find the ČSOB BIC code: CEKOCZPP.³

Incoming SEPA payments are free. Any other incoming international payment to ČSOB costs 1% of the amount, with a minimum of 150 CZK and a maximum of 1,000 CZK.¹

ČSOB international payments – transfer speed

SEPA payments reach the recipient's account within two working days at the latest. Other international transfers may take longer. Although ČSOB dispatches the money on the next working day, the speed also depends on the intermediary banks.³

Making an international payment with ČSOB isn't overly complicated. However, you need to be prepared that if you send money from your CZK account, its value will decrease during transit due to the exchange rate. Want the mid-market rate? You know where to find it.

ČSOB – contact

If you have any questions, especially regarding international payments, you can contact ČSOB⁵:

ČSOB Non-stop Infline: +420 495 300 300.
Chat with the virtual assistant Kate in ČSOB Smartbanking or on the website.
Priority call via ČSOB banking – simply click the "Call me" icon.
Senior line: 800 300 300.

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Sources:

Sources checked on 4. 2. 2026

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.