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Czech banking and finance glossary: terms used by banks
The Czech words on bank statements, payment screens and loan offers, from IBAN and variabilní symbol to RPSN, in plain English.
- Domestic account numbers take the form prefix-number/four-digit bank code, and a payment often needs a variabilní symbol so the recipient can identify it.
- Loan offers must state the RPSN, the annual percentage rate of charge, which is the figure to compare between lenders.
- The Czech National Bank (ČNB) supervises banks; deposits are protected at an EU-harmonised level (as of 2026; check the official source).