How to send money to Czech Republic from Italy with the best EUR-CZK rate

Comparing money transfer companies with services between Italy and Czech Republic, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.

Right now, for EUR/CZK

• Of the 10 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost. Sending 7,000 EUR to CZK will cost you €36.23 in fees, and you will receive 168,927.13 CZK.

• Key Currency offers the lowest cost transfers of the 10 providers we compared. Key Currency offers this through a combination of 0 EUR fee per transfer and exchange rate between EUR-CZK that is 0.25% different to the mid-market rate.

• Fastest way to send money to Czech Republic from Italy is with Revolut. If you send 7,000 EUR with Revolut to Czech Republic now, the transfer time is within minutes. Smaller transfers will likely be quicker, while larger transfers to Czech Republic can take slightly longer.

We’ve compared 10 providers providing services between Italy and Czech Republic. This ensures you will get the best options when sending Czech Koruna to Czech Republic.

Over the last 7 days, we’ve picked Wise as the best overall provider. However, comparing based on the amount you want to send to Czech Republic will provide a specific provider that’s best for transferring money from Italy.

The exchange rate is the price you will pay when buying Czech Koruna in Italy. A better exchange rate means you send more Czech Korunas to Czech Republic.

Currently, the mid-market rate between the Euro and Czech Koruna is 24.2488. Exchange rates between EUR-CZK change almost constantly.

The cost of sending money from Czech Republic to Czech Republic, is made-up of a combination of fees and exchange rates:

• The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from EUR-CZK is 24.2488 CZK per Euro.

• Fees: Outside of exchange rates, you may need to pay a fee to send. Key Currency currently offers the lowest fees on transfers to Czech Republic from Italy, costing 0 EUR per transfer. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.

• Amount Received: The amount received in Czech Koruna is the amount you started with, minus the amount you paid in the exchange and fees.

Waiting a day or two can help you get more CZK for the same amount of Euros, but you may also end up paying more if you do wait.

A better option is to use a forward contract. This allows you to lock in an agreed exchange rate for transfers between Italy and Czech Republic for a set amount of time, this can be up to two years in some cases.

Sending through a money transfer company via a bank transfer will most often be the way to get the best price when sending money from Italy to Czech Republic.

Here are all the ways to send money from Italy to Czech Republic:

Bank transfers

Bank transfers are often the better option for money transfers from Italy to Czech Republic.

Sending money via a bank transfer with a company such as Key Currency for transfers from Italy to Czech Republic allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


Debit and prepaid cards

Sending money from Italy to Czech Republic with a prepaid or a debit card is very simple with Wise.


Wise is a leader in card payments for transfers from Italy to Czech Republic, competing among a total of 10 active money transfer companies on this route.

Credit cards

When it comes to international credit card transfers from Italy to Czech Republic, we recommend comparing your options to get the best deal.

Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.

and have different regulators for financial transactions and ensuring you fully understand these regulations will aid in keeping your money safe.

Our directory of worldwide financial regulators has regulation details for money transfers between Italy and Czech Republic.

Money transfer companies offering services between Italy and Czech Republic have minimum or maximum thresholds on how much you can send or receive. These can be daily, weekly or monthly.

In particular, rates and fees for sending different amounts of Euro could change. We always recommend comparing EUR-CZK rates for your specific transfer amount. Then, with transfers to Czech Republic, shopping around each time can make a huge difference - as some providers offer introductory rates.

If you’re worried about transfer limits, for sending large amounts of EUR to Czech Republic, we’d recommend Wise.

There are different options for receiving Czech Koruna in Czech Republic. The most popular are direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account. Not all providers offering transfers from Italy to Czech Republic will offer every method for incoming Czech Koruna, so it’s best to check ahead of time.

Sending directly to a bank account is one of the most common ways to send money from Italy into Czech Republic. For most part, this is because it means the recipient has to do very little. Wise is the best company for bank transfers between Italy and Czech Republic.

And if you need cash right away, check if cash pickup is an option for transfers between Italy and Czech Republic.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Key Currency.

You will need to verify your ID at the sign up stage when sending from Italy to Czech Republic through a money transfer company.

Documents needed will vary and in some cases you might need a couple of different forms of ID.

ID can be verified in Italy through a government issued ID such as a passport or driver's license. If the recipient needs ID to collect money in Czech Republic, both of these will also likely be accepted. Depending on the company you are using and where the money is going in Czech Republic, it’s always best to check ahead just in case.

Larger transactions between Italy and Czech Republic are likely to be subject to additional checks such as proof of funds for anti-money laundering purposes. This could slow down the process of sending money if you’re not prepared for them.

One of the reasons Wise scored so highly for large and regular transfers to Czech Republic, was their easy sign up process in Italy.

When sending money between Italy and Czech Republic there will be tax declarations to consider.

Some transfers into Czech Koruna may need to be reported to tax authorities in Czech Republic. This is of particular note where inheritance or property purchases are involved.

Personal allowances and tax limits will change in Czech Republic based on age, income and personal circumstance. When in doubt, please contact a tax professional in Italy or Czech Republic to discuss your individual needs. This will ensure you are not missing any specific tax obligations associated with your transfer.