• Immediate cashing of cheques

    We immediately clear and cash selected types of cheques to accounts maintained in KB or in cash, subject to certain terms and conditions.

Right away

Have high-quality cheques cashed immediately upon presentation.

Risk-free

Eliminate risk of transporting cash.

Anywhere

We offer this service at any KB branch.

Anyone

Service is available to individuals, legal entities, and municipalities.

Why KB?

Certainty

Cheque amount immediately credited to your account.

Any currency

We cash cheques to KB accounts maintained in any currency.

Even cash

American Express traveller’s cheques and cheques payable with KB are paid out in cash.

How to get this product?

Leave it all up to us. Leave your contact information – we will call you back.

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Pricelist

Detailed KB pricelist and interest rates.

Detail

About Immediate cashing of foreign cheques and cheques of other Czech banks in KB

  • Service provided by KB that makes it possible to cash foreign cheques as well as cheques of other domestic banks
  • We cash cheques to KB accounts maintained in any currency
  • American Express traveller’s cheques and cheques due and payable with KB are paid out in cash
  • It is intended for individuals and businesses – both Czech and foreign nationals/entities
  • Cashing of cheques of other banks to be billed to loro accounts maintained by KB – intended for individuals and businesses – both Czech and foreign nationals/entities – and municipalities
  • We cash the following cheques:
    • Foreign currency cheques
    • Cheques of other domestic banks
    • Cheques of other banks – to be billed to loro accounts maintained by KB

Important information for you

  • Foreign currency cheques:
    • Amount of any cheque to be paid to a KB account cannot exceed USD 20,000 or foreign currency equivalent
    • In case of cash payment, the cheque value cannot exceed USD 10,000 or foreign currency equivalent
    • In case of higher amounts, branches will offer to accept cheques for collection
    • Aforementioned limitations do not apply to bank cheques due and payable with KB
    • Traveller’s, bank, and other cheques are cashed immediately for all existing KB clients and bearers upon documenting rightful ownership
    • When cashing a cheque, bearer must:
      • Present valid identity document
      • Czech nationals: ID card
      • Foreign nationals: passport or residence permit
  • Cheques of other domestic banks
    • Cheques must be presented within 8 days from issuing
    • They must include all requirements set down by Act no. 191/1950 Coll., on Bills of exchange and cheques
    • Cheque value cannot exceed CZK 5 million
    • In case of higher amounts, branches will offer to accept cheques for collection
    • Cashed immediately for all KB clients, upon documenting rightful ownership of such cheques and presentation of:
      • Czech nationals: ID card
      • Foreign nationals: passport or residence permit
  • Cheques of other banks – to be billed to loro accounts maintained by KB:
    • Right cheque ownership must be documented
    • Cheque amount not limited in any way
    • For cash payments exceeding CZK 500,000  or foreign currency equivalent, it is advisable to inform the given branch to ensure it has sufficient funds at hand – this is not possible for Cashless branches
    • Cheques may be cashed immediately at any KB branch
    • In order to cash a cheque, you must present an original of such cheque:
      • With all requirements set down by law
      • With valid term for payment (if specified on a cheque)
      • Cheque collection order