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Welcome to LBBW Bank CZ a.s.

LBBW Business Savings Account

Do you have available funds you do not need at the moment, or are you left with a certain sum on your business account every month, where the interest rate is very low? Do you want to increase the value of your money with no risk and at the same time have funds available at any time you need them? Take advantage of our offer of a free business saving account in Czech crowns or EUR. A risk-free way to save money.

What is the LBBW Business Savings Account

The LBBW Business Savings Account is the best solution for people who want to increase the value of their money and at the same time have the assurance of being able to withdraw and use their funds at any time it is necessary. The account is designed for businessmen and companies with a turnover up to CZK 300 million. The LBBW Business Savings Account is a current account of a special type that offers a significantly higher deposit interest rate than a regular current account. The LBBW Business Savings Account is offered in Czech crowns or EUR.

You can deposit any sum at any time to your LBBW Business Savings Account in cash, by a transfer of funds, or using a recurring payment order from a current account at LBBW Bank or another financial institution. All deposits are free of charge.

Advantages of the LBBW Business Savings Account

  • no administration fee
  • special interest rate * (the interest rate is announced in the Table of Interest Rates for Entrerpreneurs and Small Business)
  • interest accrued on a monthly basis
  • free incoming domestic CZK payments **
  • free four outgoing domestic payments entered by electronic means per month (one-time, summary, and recurring payments) **
  • no need to have a LBBW Bank current account (you do not have to change your bank)
  • no notice period (you can withdraw or transfer your money at any time)
  • free Internet banking featuring one of the highest security levels
  • free monthly statements

* The minimum deposit in a LBBW Business Savings Account is CZK 1,000 or EUR 40. The maximum deposit in the LBBW Business Savings Account is CZK 5,000,000 or EUR 200,000.

** It is valid for saving account in CZK.

Requirements for Opening a LBBW Business Savings Account

Self-employed person

  • One identification document
  • Abstract from the Trade Licensing Register not older than three months or
  • Business license in the form of a certificate of membership in a professional association
  • Certificate of allocation of Identification Number issued by the Czech Statistical Office (if the business license does not contain information on allocation of Identification Number)

Self-employed person incorporated in the Commercial Register and legal entity

  • One identification document identifying the self-employed person or the statutory representative
  • Certificate of incorporation issued by the Commercial Register not older than three months

Agent

  • One identification document

Note: An identification document is a personal identification card or a passport and in the case of foreigners a passport with i) a valid long-term visa or ii) a valid residency permit.

More Information

For details on the LBBW Business Savings Account, call 800 700 800 or visit any LBBW Bank branch.

LBBW Business Savings Account


Exchange Rate

07-30-2010

Cash Purchase Sale

EUR 24.210 25.350

USD 18.498 19.368

GBP 28.950 30.314

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