💲 We recommend a bank account abroad in a country where EUR is used, such as Slovakia or Germany.
🔥 The conversion fee for transferring money from Amazon to a CZ account can be as high as 5%! (usually around 1.5%)
Amazon EU
For Amazon, it is recommended to have an EUR account, BUT NOT HELD IN THE CZECH REPUBLIC! If the IBAN of the account starts with CZ, Amazon will calculate everything in CZK, and then the bank will convert it all into EUR - risking a double conversion.
The account must be held in a country where EUR is used - Slovakia or Germany.
Example IBAN - DE89370400440532013000
Amazon US
It works similarly for the US, where you need to have an account in this format:
Example US account - 0112345678
You can start with a CZ account and switch it later.
Recommendations and Contacts
EBURY - Preferred Option
Registration through this link 👇
EBURY - Internet Banking, Multi-Currency Accounts
Tomáš Kudla
Head of Sales
M +420 603 402 608
VR-BANK
VR-BANK - German Bank with Representation in CZ
Gabriela Vicenová
+420 775 771 599