Slovakia
Banking in Slovakia
Slovakia Business Experts
Recent forum posts
-
Human Resource Assignment Help
Looking for top-notch Human Resource assignment help? Look no further than MyAssignmentHelp.co.uk! Our platform offers comprehensive assistance tailored to your HR needs. Whether you're tackling topics like recruitment, employee training, performance evaluation, or organizational behavior, our expert team is here to guide you
Total Posts: 1 Last post by ameliawillson
-
Professional International SEO Services
At Delante, we take pride in being a leading force in the digital landscape, offering exceptional International SEO services tailored to enhance your global visibility. Our commitment to excellence and results-driven strategies sets us apart as the go-to partner for businesses aspiring to conquer international markets. Delante specialises in crafting multilingual SEO strategies that speak directly
Total Posts: 1 Last post by Delante
Banking in Slovakia
The Slovak financial sector has been growing rapidly following the bank restructuring and privatization program of the early 2000s. Commercial banks are by far the dominant financial institutions, though non-bank financial institutions have grown faster than the banks in recent years, and the securities markets remain small.
National Bank of Slovakia is the central Bank of Slovakia, which is member of European Union and European system of Central Banks. Slovenska sporitelna, with 2.3 million clients, is the biggest commercial bank in the Slovak Republic and it is a member of the strong central European finance group Erste Bank.
There are many banks offering services such as current accounts and sub-accounts, domestic and foreign payments, electronic banking, debit and credit cards, cheques and even insurance. The main commercial banks are:
- Slovensk Sporitel'a, member of Erste Bank
- Vseobecn verov Banka (VB)
- Tatra Banka, member of Raiffeisen Zentralbank
It's better to open a bank account in person than by correspondence from abroad. Before choosing a bank, you should compare the fees charged for international money transfers and other services. You must be over 18 years old and provide proof of identity, e.g. a passport, your local address and papers to show the funds you have imported and the method used. Fees can vary depending on whether your current account will be in Slovak Koruna (Sk) or in foreign currency. Additionally, the fee for opening the account could be zero but the bank could set a minimum account balance of up to 500 Sk (15 Euros). If you have a current account in SKK, a debit card is usually issued within a service package.
Organisations that can assist with Banking
-
> Need to open a bank account in this country?
Business Banking advice Advice on which type of bank account would best suit your business. Help making payments – and getting paid.
-
> Woolsocks
Saving money, as was done in the past in some cultures in wool socks, is still possible today, but with virtual socks! For this reason, we've created Woolsocks, a new app to manage own personal finances.
-
> Freedom24
The Freedom24 online trading platform by Freedom Finance contains 1 000 000+ investment products including new stocks at their IPO (initial) price.