September 22, 2024

It is always the current exchange rate of the bank on the day on which the given transaction takes place. If you transfer euros to our CZK account, the conversion to CZK will take place at the receiving bank, i.e. at Komerční banka. If you make a payment in crowns from a euro account, the conversion will be done in your bank. The BONDSTER platform does not perform any such transfers, nor it charges fees for it. For transfers where conversion applies, we recommend using third-party services – a payment service provider specialising in cross-border transfers, where the costs of transfer and conversion are significantly lower than standard bank fees. For regulatory reasons, the first payment following the opening of an account with BONDSTER must always be made from an account in your name. Currency conversion is clearly explained in our tutorial video Money Deposits and Withdrawals, Currency Conversion.

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