RationalFX opens EUR UniCredit bank account in Prague

We are happy to announce that we have opened a euro bank account in Prague, the Czech Republic with UniCredit bank. If you are part of an international businesses our new EUR bank account will put you in an advantageous position, as your international payments to the Czech Republic could be received much faster, you will get a great exchange rate and will be able to make the payment free of any commissions at either end.

Bank name:	UniCredit Bank
Address:	Želetavská 1525/1, 140 00 Prague 4
Phone number:	+420221112111
Website:	http://www.unicreditbank.cz/en/contacts.html
SWIFT code:	BACXCZPP
IBAN code:	CZ0927000000002106618473

While RationalFX offer a great exchange rate for international payments, along with a low fee service, we have no control over fees and commissions that the beneficiary’s bank may charge for processing the payment. Banks accepting international payments often charge a fee that they take from the money being transferred, so it is common that the recipient does not get the full amount of the intended balance.

To ensure that no fees are deducted from the recipient’s funds you can make the transfer via our UniCredit EUR bank account in Prague, as we will accept the international payment free of charge, passing it on to the recipient’s bank as a domestic transfer that will not be subject to the same fees as an international payment.

It can also take a considerable time for the recipient to receive the funds as their bank may be holding the money for investigation due to it being an international payment or they are not processing the payment fast enough. Thanks to our new UniCredit bank account, you will no longer have to depend on the recipient’s bank responding to the payment fast enough, as the money can be transferred through our bank account in Prague, where the funds will be processed promptly then sent on to the recipient’s bank account as a domestic payment which will not be subject to the same checks as an international payment.

Make an international payment via our UniCredit bank account in Prague now