All participants will need to check whether they are required to obtain a visa to enter Czech republic. To check if you are eligible for visa on arrival, please check the Ministry of Foreign Affairs of the Czech republic Website. If you are not on the visa exempt list, you will need to apply for the visa at Czech embassy or consulate before travelling to Czech republic. IFMA will be happy to issue your delegation a personalised
invitation letter upon request.
Currency, payment methods
The official currency of the Czech Republic is the Czech crown (Kč/ in English CZK).
Coins: CZK 1, CZK 2, CZK 5, CZK 10, CZK 20 and CZK 50
Banknotes: CZK 100, CZK 200, CZK 500, CZK 1000, CZK 2000 and CZK 5000
Many shops, restaurants as well as tourist centres accept Euros. But you should not be surprised that particularly in shops any change returned will be in Czech crowns.
- In exchange offices. First make sure that you don’t have to pay any needless fees. Unfortunately, the tempting sign “0% commission” often relates to the purchase of foreign currency and not its sale. In other places there might be a small print text at the bottom of the information board saying that fees are not paid for exchanges of 200 Euros and higher, for example. It is advisable to enquire in advance how many crowns you will get for your money and what fees you will have to pay. By operation of law exchange offices are bound to provide information in several world languages.
- In banks. The fee charged for currency exchange ranges around 2 %. Some banks add the condition of the minimum fee (for example CZK 30). Banks in the Czech Republic are shut at weekends and on public holidays.
Warning! Never exchange money on the street. Don’t accept offers from people who are offering an excellent exchange rate outside of an exchange office, bank or different institution.
You can also withdraw Czech crowns from cash machines which can be found in sufficient numbers in Czech towns. However, it is advisable to ask your bank how much it will charge for cash machine withdrawals abroad.
You can make payments with an internationally recognised card (Visa, MasterCard, Plus, Maestro, etc.) in most shops and restaurants.