Everything KB offers
This page contains an overview of all the products and services designed for public administration by Komerční banka. The product and service overview is arranged in alphabetical order.
Agreement on Administration of a Purchase Price
The essence of the Agreement is deposit of a purchase price by the buyer at the level resulting from the purchase contract, obligation on the part of the bank to accept the purchase price into its administration and to pay out the purchase price (administered amount) to the seller subject to the agreed conditions, or to return this to the buyer.
American Express Traveller's Cheques
American Express Traveller's cheques represent a safe and simple way to protect your money when travelling. American Express Traveller's cheques offer convenience and can frequently be used directly as a means of payment in many hotels, shops and restaurants.
Authorised Overdraft in a Commercial Current Account
Authorised overdraft is a short-term overdraft in CZK for financing fluctuations in the client's current funds. It is provided in the business current account. The client can thus draw on funds in their account up to the contractually agreed limit of the debit balance.
Bank Cheque Issued by KB
A secure method of settling commercial payments or private liabilities. KB guarantees cashing of the cheque, so the recipient also gains certainty that he or she will receive his or her money. KB issues bank cheques in several currencies. Bank cheques can be issued by transfer from a current account up to an unlimited level, or in exchange for payment in cash up to the level of CZK 500,000 or the equivalent in foreign currency.
Bank Overdraft for a Definite or Indefinite Period in CZK and in a Foreign Currency
The Bank overdraft is especially intended for financing of operational requirements resulting from the client's commercial activities. The loan is administered in the client's current account.
Business Prestige Card
Business Prestige Cardis a payment card for your company, with which you will receive automatic travel insurance for foreign travel. You retain management control over use of the card thanks to the possibility of setting various limits for drawing funds.
Business Silver Card
Business payment cards with high weekly limits. An international payment card for demanding clients. Exclusive additional services, especially Travel insurance for embossed cards.
Cross Currency Swap
Cross Currency Swap is an agreement on exchange of principals of two currencies and the interest costs relating to these. Party A undertakes to purchase funds in currency 1 from party B for a certain amount of funds in currency 2, on a fixed date and also undertakes to sell back the same amount of funds in currency 1 for a certain amount of funds in currency 2 at the same exchange rate and on a later fixed date, no later however than within one year from conclusion of the transaction. Over the course of the transaction, the parties mutually pay interest on the currencies, which they purchased from each other at the start of the transaction.
Currency Forward
The Currency forward product is purchase or sale of one currency for another currency subject to a rate agreed in advance by the participating parties. Settlement of the transaction takes place with a forward value date (i.e. longer than 2 working days from the date the transaction is agreed).
Currency Option
The Currency option product represents the right (option) to purchase or sell a specific amount of one currency for another currency subject to the foreign exchange rate agreed by the participants in advance on the agreed date.
Currency Spot
A Currency spot operation is purchase or sale of one currency for another currency subject to a rate agreed in advance by the participating parties. Settlement of the transaction takes place as standard with a spot value date, i.e. two working days after the date the transaction is concluded.
Currency Swap
A Currency swap (or also Foreign exchange swap) operation is a combination of two transactions, spot and forward. This product consists in sale of one currency for another currency with settlement no later than on the spot value date and buyback/resale with settlement on the forward value date. Both transactions are concluded at the same moment.
Current Account for the Housing Development Fund (HDF)
The HDF current account is intended for corporate entities – municipalities, for which funds are transferred to this account from the State Housing Development Fund. The specific purpose loan account is intended for natural persons or corporate entities, which have signed a contract with a municipality on provision of a loan from the Housing Development Fund.
Current Account in a Foreign Currency
A basic banking product with the option of using most other products and services offered by KB. A current account for depositing funds and for implementation of cash and cashless payment transactions. It allows you to gain related products and services offered by KB. The Current account in a foreign currency is offered in the following currencies: AUD, BGN, CAD, DKK, EUR, GBP, HUF, CHF, JPY, NOK, PLN, RON, RUB, SEK, TRY and USD.
Current Account in CZK
A basic banking product with the option of using most other products and services offered by KB. A current account for depositing funds and for implementation of cash and cashless payment transactions especially in CZK. It allows you to gain related products and services offered by KBincluding an authorised overdraft up to the level of CZK 3 million.
Custody of Securities
On the basis of a contract Komerční banka, a.s. will arrange for you the settlement of securities transactions and ensure their safekeeping, including corporate events related to the holding of securities (eg payment of dividend or coupon, redemption). Based on your requirement KB will arrange also opening of segregated custody accounts with the Central Securities Depository Prague or foreign depositories.
Diners Club Corporate Card
Diners Club Corporate Card is a type of charge card that you can use as a classical payment or as a credit card. The loan on the card must always be repaid in full by the end of the interest-free period.
Direct Channel
Direct channel allows you to simply and quickly send payment orders and download bank statements directly in the environment of your accounting system. A simple and effective supplement to the MojeBanka service. An up-to-date list of accounting systems which Direct channel is fully integrated into can be found here.
Domestic Cashless Payment Transactions
Domestic cashless transfers can be submitted in CZK in favour of accounts in Komerční banka and to other domestic bank and in foreign currency, only to accounts in Komerční banka. Orders can be submitted at any branch of the bank. A Self-service box is available for clients. Orders can also be submitted with the aid of direct banking products.
Domestic Cash Payment Transactions
Domestic cash transactions allow you to deposit and withdraw cash in CZK and selected foreign currencies at KB branches. Cash can be deposited at cash counters and withdrawals are made using a withdrawal slip or cheque at KB branches, which provide cash services.
E-card
Do you want to be able to make absolutely secure purchases on the Internet? e-Card is a virtual card, which ensures fast and secure implementation of your on-line transactions.
Financial Promissory Notes
A Komerční banka investment banking product. The purpose is to find a counterparty on the market for a client who wants to borrow funds for a short time, which is willing to lend the money. Komerční banka acts as the service provider, which looks for a counterparty for the transaction. The bank then collects contractual commission from the issuer and the investor for provision of the transaction.
Foreign currency term deposit account
Safe and attractive valuation of your funds in KB term deposit accounts. You may deposit any amount starting from EUR 1,000 or USD 1,000 for the period you deem appropriate (from 1 week to 5 years). The interest rate is guaranteed throughout the term of the deposit. The account opening, maintenance, and cancellation are FREE OF CHARGE.
Foreign Payment Transactions
Foreign payment – the most widespread and simplest payment instrument in foreign cashless payment transactions. Cashless transfer of funds.
Forfaiting
Forfaiting is assignment to KB for consideration of a client's receivables due in the future, which were created in terms of commercial transactions implemented. This concerns purchase of receivables without recourse to the original owner.
Forward Corridor
Forward Corridor allows the client to implement a currency forward for an agreed nominal amount for a more advantageous exchange rate than usual for zero initial costs.
Forward Rate Agreement
An FRA transaction(Forward Rate Agreement) is a contract between the bank and the client, the subject of which is an agreement on the future interest rate for a particular deposit or loan within a certain agreed future period of time, whereas no actual provision of a loan or acceptance of a term deposit occurs between the contracting parties, but only exchange of the difference between the interest agreed in terms of the FRA transaction (“FRA rate”) and the current market interest listed on the financial market in the agreed future period of time for the term deposit or loan, which precisely corresponds to the conditions of the FRA transaction.
Cheques for Collection
Komerční banka mediates collection of cheques payable in any domestic or foreign bank. The service is available to KB clients and other holders of cheques. The bank is only the intermediary for collection of the cheque and does not guarantee its result.
Immediate Payout of Bank Cheques of other Domestic Banks Drawn up in CZK
Komerční banka, a.s.,cashes bank cheques of other domestic banks with which it has concluded an agreement on mutual payment of bank cheques issued in CZK. Cheques are cashed immediately after verification of the signature on the cheque.
Immediate Payout of Checks from Other Banks to the Debit of Loro Accounts Held with KB
Komerční banka ensures immediate cashing of cheques issued by other banks, issued to the debit of loro accounts held by KB subject to meeting of the stipulated conditions.
Immediate Payout of Cheques Drawn Up in a Foreign Currency
Komerční banka, a.s., cashes certain foreign cheques for its clients and cheque holders who are not its clients immediately on presentation. The quality of the cheque and KB conditions for cashing of foreign cheques are decisive for cashing of the cheque.
Individual Asset Management
Possibility of increasing the value of your free funds. The essence of the product consists in creation and active management of a portfolio made up of selected instruments on the financial and capital market. This portfolio is managed by a portfolio manager from Investiční kapitálová společnost KB. Trading takes place in the client's accounts.
Insurance Programme for Cities and Municipalities
This insurance programme from Česká pojišťovna provides comprehensive protection including property insurance, insurance covering liability for damage and agricultural risks, which is adapted to suit the specific demands of municipalities.
Interest Option
In general, an option represents the right to purchase or sell a defined instrument on the agreed date. In the case of an interest rate option, the instrument is understood to mean exchange of payments from the agreed fixed rate for payments from the determined reference interest rate. Interest rate option allows the buyer to hedge his or her position against increase or decrease of interest rates.
Interest Swap
Interest rate swap is an agreement on exchange of cash flows denominated in one currency, which are derived from a fixed or variable basis. Party A undertakes to pay party B the agreed fixed interest on the agreed principal for the agreed period on the agreed maturity dates and at the same time, party B undertakes to pay party A the agreed variable interest on the agreed principal for the agreed period on the agreed maturity dates.
Issue of Bonds
Primary issue of bonds represents a standard form of medium-term to long-term financing of bank, municipal or government activities via the capital market.
KB Absolut Return
A fund for short-term investments of 12 to 18 months intended for conservative investors. The objective of the fund is to generate annual returns at the level of the CNB (Czech National Bank) base rate + 1.5%.
KB Bank Cheques
KB issues Bank cheques from all types of current accounts held with KB and also in exchange for cash.
KB EU Point
KB EU POINT is a consultancy service from Komerční banka for the field of financing projects with grants from the EU structural funds and other sources.
KB FleetLease
KB FleetLease is used by corporate clients for financing and operation of their vehicle fleet. The main product is full-service leasing, but the offer also includes operational leasing without services, reverse leasing and fleet management.
KB Leasing
KB Leasing is intended for financing of investments over CZK 1 million. It is provided as financial or operational leasing. Both forms of leasing provide attractive tax savings.
KB Private Cheques
KB issues clients with blank private cheques for all types of current accounts.
Mark-to-market Forward
Mark-to-Market Forward allows the client to secure himself or herself against exchange rate risk and at the same time, limit the maximum risk of negative revaluation in the event of inauspicious development. The parties to the transaction agree on a forward exchange rate and on a rate limiting the maximum risk of negative revaluation.
MojeBanka
Simple communication with the bank via the Internet. MojeBanka – a modern Internet banking service from Komerční banka. MojeBanka allows you to gain information about your accounts and to perform banking operations from the comfort of your own home or office at any time of the day or night regardless of branch opening hours. MojeBanka utilises an advanced security solution based on electronic signature standards.
MojeKarta
MojeKarta – a card with your own design. Thanks to the MojeKarta service, you can design your own card just the way you like. You could for example have a picture of a favourite place, pet, your family or friends on the card.
MojePlatba
MojePlatba allows you to connect your e-shop with Komerční banka direct banking. You have the money for goods and services in your account immediately.
Mortgage Loan in CZK or in a Foreign Currency
A medium-term or long-term loan intended for investment, especially into real estate, which must be secured by mortgaging of real estate.
MULTICASH
KB MULTICASH is an international multi-banking system, which allows you to operate accounts held in various banks in the Czech Republic and abroad. Via this single application, you can communicate with the bank 24 hours a day, send the bank large volumes of payments, both domestic (including express payments) and also foreign payments (express and urgent payments), conveniently and in an automated manner, as well as gaining statements from the bank and debit and credit advice about payments just now being cleared on-line.
Multicurrency – acceptance of payment cards in foreign currencies
Service enabling receipt of payments in EUR, USD, GPB and RUB directly to a foreign-currency account in the given currency.
Municipality Package
The Municipality package contains financial products and services for reliable and effective management of the finances of clients from the municipal sphere.
Municipal Loan in CZK or a Foreign Currency
A loan for cities, municipalities and regions for acquisition of tangible or intangible fixed assets including projects, or for financing of renewal of existing fixed assets. It is also intended for bridging of a time discrepancy between income and expenditure in the budget of a city, municipality or region or for a combination of both these purposes.
Municipal Loan in Excess of 10 Years in CZK
This loan is intended for cities, municipalities and regions for acquisition of tangible or intangible fixed assets including projects, or for financing of renewal of existing fixed assets. It is provided up to the level of the contractual price.
Municipal Revolving Loan in CZK or a Foreign Currency
This loan is intended for bridging of repeated time discrepancies between income and expenditure in the budget of a city, municipality or region.
Payment Terminal
A Payment terminal allows individual citizens in your municipality to pay for services, fees or fines using a payment card issued by any bank in the Czech Republic and abroad.
Perfect Savings
Take advantage of the attractive annual interest rate up to 2.50% and benefit from safe valuation of your funds. Use the Perfect Savings and deposit any amount exceeding CZK 5,000 for the period of 2, 3, 4 or 5 years, whereas the interest rate is guaranteed throughout the term of the savings. Any accrued interest is credited every 3 months. If need be, the deposited funds will be released immediately. The account is set up, maintained, and cancelled free of charge.
Ponte II Programme
Loans in the Ponte II Programme for financing projects with grants from the European funds. A loan for pre-financing a grant resolves the time discrepancy between payment of project costs and receipt of the grant. The loan for co-financing a project can be used to pay for costs, which are not covered by the grant.
Profibanka
Profibanka PC banking is a KB direct banking product. It provides a comprehensive solution for the requirements of companies in the field of payment transactions. Operation is very simple and intuitive. The service uses an advanced security solution based on electronic signature standards.
Programme Employer
Programme Employer for your employees. Programme Employer allows every employer to find an advantageous individual solution for their personal financial requirements. This will save your company time and money thanks to cashless transfer of salaries to the accounts of your employees in KB.
SEPA EuroPayment
Do you make payments in EUR? Then the SEPA EuroPayment is the perfect product for you – a KB product which can be used to make payments within the SEPA area (= EU 27 + Iceland, Lichtenstein, Norway, Monaco and Switzerland).
Structured Dual Deposit
Structured dual deposit extends the offer of deposit products, allowing clients a higher level of appreciation of their free funds on correct estimation of market development. The transaction includes a limit condition, which determines the method and currency of payment of the deposit. Payment of the principal and interest either takes place in the deposit currency or in another agreed currency. The client can decide whether to make the deposit in the form of a term deposit or deposit bill of exchange.
Structured Reverse Dual Deposit
Structured reverse dual deposit extends the offer of deposit products, allowing clients a higher level of appreciation of their free funds on correct estimation of market development. The transaction includes a purchase option agreed in favour of the bank, on the basis of which, the bank is entitled to ask the client to sell the bank the agreed currency on the maturity date at the level of the deposit nominal subject to an exchange rate agreed in advance. The bank is only entitled to exercise the option if the limit condition is met. The client can decide whether to make the deposit in the form of a term deposit or deposit bill of exchange.
Supplementary Pension Insurance
Supplementary pension insurance with a state contribution for retirement without any financial worries. A long-term savings product for creation of sufficient financial reserves for your retirement.
Syndication Loan
The Syndicated loan is a special category of loan. Komerční banka, in the role of the arranger, forms a group of creditors which will finance the debtor. As the potential debtor, you can ask various arrangers to present offers, from which you select a specific solution according to your individual requirements.
Term deposit account maintained in CZK
Safe and attractive valuation of your funds in KB term deposit accounts. You may deposit any amount starting from CZK 5,000 for the period you deem appropriate (from 1 week up to 12 months). The interest rate is guaranteed throughout the term of the deposit. In case you own any of the specified current account packages, you will receive additional interest rate bonus of 0.2% per annum. The account opening, maintenance, and cancellation are FREE OF CHARGE.
Term Deposit with Individual Rate
The Term deposit with individual interest rate represents the possibility of saving free funds subject to very favourable interest conditions, derived directly from the current prices on the interbank market.
Trading Deposit Bill of Exchange
The Promissory note of Trading offers depositing of free funds subject to very favourable interest conditions derived directly from the current prices on the interbank market. The Promissory note of Trading is a non-transferable promissory note with a maturity of 1 day to 12 months, which is issued in CZK and in certain foreign currencies.
Trading with Debit Notes
Provision of purchase and sale of bonds on the Prague Stock Exchange (PSE) or on international markets including settlement of transactions and management – c-client.
Trading with Debit Notes on the Prague Stock Exchange
Procurement of purchase and sale of bonds on the Prague Stock Exchange (PSE) including settlement of the transaction and administration.
Trading with Securities
Provision of purchase and sale of shares on the Prague Stock Exchange (PSE) or on international markets including settlement of transactions and management – c-client.
Trading with Securities on the Prague Stock Market + E86
Procurement of purchase and sale of shares on the Prague Stock Exchange (PSE) including settlement of the transaction and administration.
VISA / MasterCard Business Gold Card
A Gold card for discerning clients. The most globally recognised payment card from VISA and MasterCard. The path to unrivalled payment services including attractive additional products and travel insurance for gold and silver cards.
Vital Programme
The Vital Programme is an advantageous means of motivation for your employees and your company. The Vital Programme allows the employee to choose from two types of life insurance. What is more, the company's tax base is decreased by the contributions paid to employees without limitation.
Wedding Cake Structured Deposit
Structured Deposit Wedding Cake extends the offer of deposit products, allowing clients a higher level of appreciation of free funds on correct estimation of market development. The client can decide whether to make the deposit in the form of a term deposit or deposit bill of exchange.
Direct Banking
Useful links
Contextual links
Contact Us
800 521 521
SWIFT
KOMBCZPPXXX
(KOMBCZPP)
Market News
Searching
© 2012 Komerční banka – Société Générale Group