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CSOB group reported a net profit for 1Q 2010 of CZK 3.880 bn
CSOB group reported a net profit for 1Q 2010 of CZK 3.880 bn. Underlying profit (i. e. excluding one-off items) grew by 9% Y/Y to CZK 3.615 bn.

New wording of the CSOB Business Terms and Conditions
In connection with the new Payment System Act, we are going to update the CSOB General Business Terms and Conditions and ...

CSOB Account for Non Profit Organisations

This account is intended for all types of non-profit organisations (allowance organizations, quasi-public companies, foundations, civic associations, religious organisations, schools and school facilities, professional chambers, etc.), who need simple, easily controllable, and economically accessible bank accounts. This account is suitable thanks to its versatility and precise focus on the specific needs of clients.

Benefits

The fee for setting up the account is considerably lower than the fees for individual products and services paid when concluding individual contracts.

Among other merits are:

special interest rate bracket for current account balances,
immediate entry of specially priced electronic transactions,
advantageous assessing of available funds,
payment card free of charge,
an overview of all movements on the account via e-mail or SMS messages.

Get Acquainted

The standard offer includes:

a current account in CZK that will allow you:
- to handle payments via one time or permanent payment orders, for the payment of collections, and SIPO payments,
- standard sending of account statements once per month (or more frequently for a fee).
Time Deposit,
a Visa Electron embossed international payment card valid for three years,
above standard method for generating interest on balances by brackets – interest rates are derived from the rate of the interbank market PRIBID),
CSOB Electronic Banking for managing your account over a personal computer, a mobile telephone, or telephone:
- CSOB Linka 24 – manage your account over a telephone or mobile phone,
- CSOB Internetbanking 24– manage your account on any PC connected to the Internet with no need to install any application. Secure access to your account is insured by a chip card or SMS Key,
- CSOB Info 24– free unlimited number of messages sent by e-mail on all movements on the account and payments made by payment card, 20 SMS messages on movements on the account. Transactions made with payment cards are also confirmed by SMS,
- Alternatively, CSOB BusinessBanking 24 - account management via any PC connected to the internet. The service consists of two applications – and Internet one (on-line mode) and a program installed on the client's PC (off-line mode), with annual renewal of the security certificate.

Terms of Use

This account is provided for foundations, foundation funds, quasi-public companies, allowance and budget organisations, schools and academic and preschool facilities, civic associations, religious organisations, and other types of governmental and non-governmental non-profit organisations. A minimum initial deposit must be made to open the account (see Interest Rates Announcement).
When opening the account you need only submit the following identification documents:

original or officially verified copies of documents substantiating the foundation and existence of the organisation (depending on the type of non-profit organisation in question, for example an abstract from the Registry of Foundations, indeed of establishment, or document registration),
substantiation of the current method in which the organizational is handled.

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