🇬🇧→🇨🇿
Send Money from United Kingdom to Czech Republic
Businesses in United Kingdom paying Czech Republic suppliers for Automotive. Send GBP from United Kingdom, receive CZK in Czech Republic with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local GBP collection + local CZK delivery = no correspondent bank fees
Save £2,025 per £100k Payment
United Kingdom to Czech Republic corridor savings
Traditional Bank
£2,530
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
Unicorn Currencies
£505
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Local GBP collection
- ✓ Transparent 0.5% spread
- ✓ CERTIS
Your Savings
80%
£2,025 per £100k
At £300k-£3M monthly, save £5,068/year
Sending from United Kingdom: What You Need to Know
GBP Origin Specifics
- GBP free-floating currency
- Post-Brexit customs documentation
- FCA regulated payment services
Your Local Advantages
- Local GBP account available
- Faster Payments instant collection
- No correspondent bank fees on origin side
Local Collection Method
Faster Payments
Instant (T+0) • UK domestic instant payments. Money available immediately.
Paying Suppliers in Czech Republic: Compliance & Requirements
Regulatory Considerations
- Czech National Bank (ČNB) regulations
- VAT (21%) documentation required
- EU customs procedures apply
- Business registration number (IČO) verification
Payment Best Practices
- Czech = Central European automotive powerhouse (Škoda)
- Express instant payment faster than SWIFT
- Glass and crystal exports world-renowned
- Beer industry significant - Pilsner originated here
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via CERTIS
United Kingdom → Czech Republic Corridor Insights
Popular Industries
- Automotive
- Machinery Manufacturing
- Glass Industry
Peak Trading Hours
GMT to GMT time zone consideration
Best for rate execution and faster settlement
Typical Volume
£50k-£250k
Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send GBP from United Kingdom to Czech Republic?
Save 80% on every payment with t+0 (2.3s avg within unicorn network). Local GBP collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB