Euro into a Czech account, not koruna
On this corridor Grey sends euro, not Czech koruna. The money reaches your recipient's Czech IBAN at Ceska Sporitelna, CSOB or Komercni Banka as a euro credit through SEPA, typically within minutes, and their own bank converts it to koruna if they want koruna. That suits some recipients very well and others not at all, so the page says which is which.
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How this corridor really works
Start with the part most services bury. Grey does not pay out in Czech koruna. What leaves your euro balance in Ireland arrives in the Czech account as euro, through the same SEPA scheme that moves money inside the eurozone. If your recipient wants koruna in their hand, the conversion is done by their bank, at their bank's rate, not by Grey.
That is a good arrangement for a Czech contractor who invoices a Dublin firm in euro, for anyone who keeps a euro account alongside their koruna one, and for a business that already prices in euro. It is a poorer arrangement for a household whose weekly spending is entirely in koruna, because the rate that matters to them is set at the Czech end where you cannot see it.
The Czech community in Ireland dates largely from 2004 and is spread well beyond Dublin, and Irish companies have run development and shared service teams in Prague and Brno for as long. Both send on this corridor. Knowing which of the two you are is the whole decision here.
Sending euro to a Czech IBAN
Register
A free Grey account opens in about five minutes once you have a valid identity document to hand.
Hold euro
Top up the euro balance by SEPA transfer from your Irish bank. That euro is what will be credited in Czechia.
Send euro
Enter the Czech IBAN, check the fee, and confirm. The credit arrives in euro, and any koruna conversion happens at their bank.
What it costs, and where the second cost hides
The cost you cannot see from Ireland is the one applied in Czechia. If your recipient converts the euro credit into koruna, their bank sets that rate and may charge for the service. Ask them what Ceska Sporitelna, CSOB or Komercni Banka does with an incoming euro credit before you send a large amount.
Where the recipient keeps a euro account, none of that arises. The euro sits in euro, and this corridor becomes one of the cleanest ways to pay a Czech invoice from Ireland.
The rate question on a euro credit
Sending euro from an Irish euro balance, there is no Grey rate to apply. The figure you confirm is the figure credited to the Czech account.
A rate only enters if your Grey balance is in another currency, in which case it is fixed at confirmation and shown beforehand. The conversion into koruna, if your recipient wants one, sits outside that and belongs to their bank.
Grey against an Irish bank sending to Czechia
An Irish bank can offer to convert into koruna itself and send koruna to Czechia, which Grey does not do. What Grey offers instead is a euro credit priced in front of you, delivered on SEPA rails typically within minutes, and trackable until it settles. If your recipient wants euro, Grey is the simpler route. If they must have koruna and cannot get a decent rate at their own bank, be honest with yourself about that before you choose.
What lands in the Czech account
A euro credit in their Czech account. Czech banks handle incoming euro routinely, and the credit shows up with the sender reference you entered.
Czech banks
Ceska Sporitelna, CSOB, Komercni Banka and other Czech banks, addressed by IBAN.
Currency on arrival
Euro, not koruna. Their bank converts if they ask it to, at its own rate.
Speed
SEPA credits from a funded balance typically arrive within minutes of confirmation.
Funding the account in Ireland
Nothing about the Czech end changes how you put money in. Revolut may already cover your small travel payments; this is the account for a euro credit that has to arrive at a named Czech bank.
Irish euro transfer
SEPA from AIB, Bank of Ireland, Permanent TSB, An Post Money or a credit union.
Paid in dollars
A USD account provided by Lead Bank takes the payment, then one conversion makes it euro.
Money on Grey already
An existing euro balance goes straight out to the Czech IBAN.
For a repeating supplier payment, save the Czech IBAN and the reference so the invoice number travels with the euro every month.
Who sends from Ireland to Czechia
Contractors and freelancers
Developers and designers in Prague or Brno who invoice Irish clients in euro and are paid in euro.
Supplier invoices
Irish firms settling with Czech manufacturers, agencies and engineering partners that price in euro.
Family support
Czechs working in Ireland sending money home, where the household bank does the koruna conversion.
Property and study costs
Rent, fees and deposits paid to a Czech account, sent as euro for the recipient to convert.
The corridor splits neatly between people paid in euro at the Czech end and families who are not. The first group is served well by a euro credit; the second should read the conversion note above first.
Reasons to use Grey on this route
This corridor delivers euro into a Czech IBAN and leaves the koruna question to the recipient's bank. For euro invoices out of Prague and Brno that is clean and quick. For a koruna household budget it is a trade you should make with your eyes open.
Open a Grey account, keep euro on it, and send the credit when the Czech invoice or the monthly transfer is due.
FAQs
Does Grey send Czech koruna from Ireland?
No. Grey credits euro into the Czech IBAN through SEPA. If your recipient wants koruna, their own Czech bank converts it at its rate.
Who converts the euro into koruna at the Czech end?
The recipient's bank does, on its own terms. Grey has no part in that conversion and cannot show you the rate beforehand.
Which Czech banks can receive the euro credit?
Ceska Sporitelna, CSOB, Komercni Banka and other Czech banks, all addressed by IBAN. No Grey account is needed in Czechia.
Who does a euro credit to Czechia actually suit?
Recipients who invoice or bank in euro, such as Prague and Brno contractors working for Irish clients, or anyone holding a euro account.
Is a euro credit a bad idea for a koruna household?
It can be, because the conversion rate is set by their Czech bank. Ask what their bank applies to incoming euro before sending regularly.
How fast does the euro reach a Czech account?
SEPA credits from a funded Grey euro balance typically arrive within minutes, and the transfer is trackable from confirmation until settlement.
Does Grey charge a conversion fee sending euro to Czechia?
Sending euro from a euro balance involves no Grey conversion. The fee shows on screen before you confirm the payment.
Can an Irish company pay a Czech supplier this way?
Yes, and it works best where the supplier invoices in euro. Save the Czech IBAN and reference so each invoice number travels with the payment.
What if my Grey balance is in dollars rather than euro?
One conversion into euro happens before the payment leaves, at the rate fixed on confirmation. Czechia still receives a euro credit.
Should I use my Irish bank instead if koruna is essential?
Possibly. An Irish bank may send koruna directly, so compare what your recipient receives both ways before committing to a regular transfer.
Can my recipient in Brno keep the money in euro?
Yes. If they hold a euro account, the credit stays in euro and nothing is converted at either end of the corridor.
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