Giro accountAbout Product

For whom the product is designed

Private clientele

• Private individuals, citizens of the Czech Republic above 18 years of age
• Private individuals, foreign nationals above 18 years of age

Product description

Giro accounts are intended for simple and effective management of personal and family finances; they offer a variety of linked products and services. They may not be used as business accounts.

Advantages

• The account enables
• Crediting of salaries and pensions
• Simple and quick payments by:
  • single payment orders
  • standing orders and direct debits (for payments such as SIPO, telephone, insurance, gas, electricity, TV, rent, etc.)
• It offers a wide variety of payment instruments:
  • payment cards (debit, credit)
  • private cheques
• Immediate overdraft loan tailored to actual client's needs
• Telephone or Internet access to the account for effective management of funds through SERVIS 24 (24 hours a day, 7 days a week, from home or from abroad)
• Easy access to cash from the widest ATM network in the Czech Republic
• Nationwide branch network of Česká spořitelna
• Balance regulation through a standing order
• Authorisation of other persons for access to funds held on the account
• Funds held on current accounts are insured under the law

Product Terms and Conditions

• Document proving identity of the accountholder and other persons authorized to access the account
• Written contract between the account holder and Česká spořitelna
• Initial deposit made at the account opening

 

Basic functions of the Product

• Cash deposits at branches of Česká spořitelna
• Cash withdrawals from the ATM network or at branches of Česká spořitelna
• Payments for goods and services at retail stores by a wide variety of payment cards
• Credit transfers by single payment orders within the Czech Republic and abroad
• Standing orders or direct debits (for recurring payments such as SIPO, telephone, insurance, gas, electricity, TV, rent, etc.)
• Change of persons authorized to access the account