Payment system Erabanq (Czech Republic)

Erabanq payment system was created in 2018 by Czech banking experts.

Erabanq operates worldwide and serves international clients of various types of businesses. An individual approach to each is used. Possible transfers SEPA, SWIFT, EUR, USD, GBP, CZK. The accounts of the payment system are insured by the deposit insurance system.


The cost of opening of the account (payment system tariff)  

The cost of opening an account - 950 EUR.

Urgent account opening - 1500 EUR.

Internet banking and API banking - free.

Minimum account balance - 500 EUR.

Due diligence - from 30 EUR - to 100 EUR.

Representative offices


Management of the account

Using Internet banking and API banking.

Payment system tariffs

Account maintenance - 50 EUR/month.

Outgoing payments (SEPA, SWIFT) - 0.2% -1.2% (min 20 EUR).

Cancellation payment - 30 EUR.

Incoming payments (SEPA, SWIFT) - 0.1% (min 20 EUR).

More details about the tariffs of the payment system can be found here.

Terms of opening the accoun

The procedure of opening the account consists of two stages: the preliminary stage and final stage of opening an account.

The preliminary stage includes the process of collecting and filing your documents which are required for opening an account. The terms of preliminary stage depends wholly on you.

An account is opened within 10-15 business days from the moment all documents are submitted to the payment system, as well as (if necessary), a meeting with a representative of the payment system.

Erabanq (Czech Republic) follows KYC policy and reserves the right to require additional documents what may lead to account opening term exceeding, as well as refusing of account opening without reasons explanation.


Working languages: Russian, English, Czech.

Credit/debit cards

Only Mastercard debit cards are available.

Documents for opening an account

To open an account, customer verification is required. It can take place online if the client has an account at another European bank (one should make 1EUR payment as a confirmation). If there is no additional account, a personal meeting with a representative of the payment system (Russia, Latvia, Cyprus, Czech Republic, Ukraine, England) will be required.

Documents for the company - it is necessary to provide all the statutory documents no older than 3 months or apostilled not older than 3 months. In addition, you will need:

- a document confirming the address (utility bill, bank statement or other document).

Documents for the account holder:

- original of internal passport;

- original passport;

- original utility bill (for gas, electricity) not older than 3 months (to confirm the address of residence) in English;

- selfie with the Erabanq sign.

Documents for the beneficiary:

- original of the internal passport, notarized;

- original passport notarized;

- original utility bill (for gas, electricity) not older than 3 months (to confirm the address of residence) in English.

This list is basic and additional documents may be requested by the payment system during the process of consideration.

The procedure of opening an account

You must visit our office to fill out questionnaires, as well as provide documents for the company, director and beneficiary. Further, the documents are sent to the payment system for approval. After customer verification, an account is opened.

For further consultation concerning the terms of account opening in  Erabanq (Czech Republic) please contact our office. We will respond to any questions you may have and will help you open an account in the Czech payment system Erabanq or any other bank out of 70 foreign banks you may choose from.

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