Privatbanka, a.s., pobočka Česká republika products, services and reviews

About Privatbanka, a.s., pobočka Česká republika

Privatbanka, a.s., pobočka Česká republika is the Czech branch of the Slovak bank Privatbanka, a.s., operating in the Czech market under the EU single passport regime. The branch targets private banking and wealth management clients, typically affluent individuals, family businesses, and selected corporates, and offers a relationship-manager model with a limited physical footprint. Its product set generally includes current and term deposit accounts, payment services, and investment services under MiFID II (for example brokerage of bonds and funds, discretionary or advisory mandates, and structured solutions), typically available in CZK and EUR. Deposits placed at the Czech branch are protected by the Slovak deposit guarantee scheme (Fond na ochranu vkladov) up to the statutory limit of EUR 100,000 per depositor per bank; compensation is paid in euros and CZK balances are converted for payout, while investment instruments and deposits above the limit are not covered. The bank is prudentially supervised by Národná banka Slovenska as home authority, with the Czech National Bank overseeing host-state conduct and market rules. Pricing, interest rates, and eligibility thresholds in private banking are often individualized, with minimum asset requirements and negotiated fee schedules; investment services are subject to client categorization, suitability or appropriateness checks, and standardized cost and risk disclosures. Clients should note currency and interest-rate risk on non-CZK holdings, credit risk on deposits above the insured threshold, and market and issuer risk on investment products. Documentation and contractual terms govern all features and may change, so prospective clients should review current schedules, key information documents, and risk disclosures before onboarding.