Question:

What details do I need to transfer money from UK directly to my Czech account?

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And what is the cheapest and easiest way?

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  1. You need IBAN number, swift code number, name under which is your account and the name of the bank in Czech.

    All these info you can find on your bank statement.

    If both banks are members of SEPA you will be charged 5Euro per swift transfer and the money will be on your account within 2 working days. In the case you need it immediately, you can ask your UK bank for same-day-value and they will charge you another few Euros on top.

    In the case one of the banks is not a SEPA member you will have to make a TTO transfer which is more expensive ( about £10 per transfer). Again the same 2 working days will apply.

    If you have Internet access you can do it from one account to another, the charges are the same, but only if you have previous experience in transferring money. There is a possibility of making a mistake and then you will need a lot of time and nerves until you get your money back.

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