Unicorn Currencies
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🇨🇿→🇬🇧

Send Money from Czech Republic to United Kingdom

Czech industrial companies paying United Kingdom suppliers. Send CZK from Czech Republic, receive GBP in United Kingdom with t+0 (2.3s avg within unicorn network).

✓ Competitive Advantage: Local EUR collection + local GBP delivery = no correspondent bank fees

Save £2,120 per £100k Payment

Czech Republic to United Kingdom corridor savings

Traditional Bank
£2,525
  • ❌ 2-3 day settlement
  • ❌ Multiple correspondent banks
  • ❌ Hidden FX margins
  • ❌ High SWIFT fees
Unicorn Currencies
£405
  • ✓ T+0 (2.3s avg within Unicorn network)
  • ✓ Local CZK collection
  • ✓ Transparent 0.5% spread
  • ✓ Faster Payments
Your Savings
84%
£2,120 per £100k
At £600k-£6M monthly, save £10,611/year

Sending from Czech Republic: What You Need to Know

CZK Origin Specifics

  • Czech Republic uses CZK currency
  • SEPA instant payment network
  • GDPR compliance required

Your Local Advantages

  • Local EUR account available
  • SEPA (Single Euro Payments Area) instant collection
  • No correspondent bank fees on origin side
Local Collection Method
SEPA (Single Euro Payments Area)
T+1 • European instant/standard payments. Covers 36 countries.

Paying Suppliers in United Kingdom: Compliance & Requirements

Regulatory Considerations

  • FCA (Financial Conduct Authority) regulated payments
  • HMRC tax reporting requirements
  • VAT (20%) on goods and services
  • Anti-money laundering (AML) compliance

Payment Best Practices

  • Faster Payments = instant, free for most transfers under £1M
  • Use CHAPS for same-day urgent high-value payments
  • BACS ideal for regular supplier payment runs
  • London = major financial hub with excellent banking infrastructure
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via Faster Payments

Czech Republic → United Kingdom Corridor Insights

Popular Industries

  • Financial Services
  • Manufacturing
  • Pharmaceuticals

Peak Trading Hours

CET (GMT+1) to GMT time zone consideration

Best for rate execution and faster settlement

Typical Volume

£100k-£500k

Average transaction size for this corridor
Monthly volume: £600k-£6M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.

Ready to Send CZK from Czech Republic to United Kingdom?

Save 84% on every payment with t+0 (2.3s avg within unicorn network). Local CZK collection available.

Open AccountView United Kingdom Details

Bank of Canada registered PSP | FINTRAC licensed MSB