Professional accounts

  • Business accounts for professional agencies
  • These are special current accounts designed to suit the specific needs of a particular client group.
  • Preferential rates on deposit accounts
  • Credit lines – CZK 30,000 overdraft at a preferential overdraft rate
  • MasterCard or Visa payment cards
  • Internetbanking
  • Other individual benefits

Escrow accounts

  • Special finance services for freelance professions
  • Besides a normal business account with standard banking products, freelance professions require accounts to deposit funds of third parties – special escrow accounts.
  • One client may require several such accounts, which are regulated by law.
    • Escrow agreement deals with the legal matters related to escrow:
      • Declares that the funds concerned belong to third parties
      • These accounts are subject to special legal regulations
    • Variability of the account:
      • No charges, no interest
      • The option of a preferential interest rate and one-off fee for each case of escrow