UniCredit Bank Czech Republic and Slovakia, a.s. offers opening and keeping correspondent loro accounts denominated in Czech crowns (CZK) and other foreign currencies to foreign and Czech banks. The bank has a large portfolio containing more than 200 current loro accounts kept mainly in CZK, EUR and other currencies.
With more than 25 years of experience in CZK clearing provided to foreign banks, we are the leader in the CZK clearing market. A large number of loro accounts kept for significant foreign banks forms a unique background for in-house transfers.
Correspondent Banking/Transactional Sales (CORB) operates within the bank’s organisational structure as a single point of entry for clients - banking institutions. CORB focuses on the provision of complex services to banking institutions within Cash Management, Trade Finance, Custody and consulting.
A customer-oriented approach tailored to the requirements of a foreign bank, flexibility, reliability, and a proactive and professional team fluent in English are what is appreciated about us by the banks which consider us to be their primary CZK clearing agent.
UniCredit Bank Czech Republic and Slovakia, a.s. is part of a vast global network with its main banks in Vienna (Austria & CEE), Munich (Germany & Northern Europe), Milan (Italy & Southern Europe), Paris (France), New York (USA), and Hong Kong (Asia). The team takes advantage of access to all main financial institutions active in the main markets for our trades.
UniCredit Bank Czech Republic and Slovakia, a.s carries out active trading on more than 150 correspondent nostro accounts kept with banks all over the world. The corresponding network has a proactive approach to the needs of our clients and provides our bank with the ability to offer clients safe and quick international money transfers.
Virtual Bank is one of the unique services which we offer to the banking sector and Cash Management in cooperation with UniCredit Bank Austria AG.
- Virtual Bank offers a payment gateway to Austria and Central Europe with access to local clearing systems.
- This service helps banks profitably increase national coverage under their own brand and, concurrently, satisfy the needs of their corporate clients.
- The service enables foreign banks to operate as a domestic bank in all countries in which UniCredit offers its services.
- Virtual Bank can be used in Austria, Hungary, the Czech Republic, and Slovakia. The offer should be expanded in future.