Exchange office setup from CZK 79,000
We arrange the CNB authorisation, AML documentation, premises and reporting for a fixed fee. We have experience with more than 70 registrations and proceedings before the Czech National Bank.
1.5–3 months
Typical time until the CNB decision
70+
Entities we have registered with the Czech National Bank
Fixed fee
No hourly rates, no surprise add-ons
Do you already run an exchange office?
Is your own exchange office right for you?
...then you are in the right place. With us you will set up and run your exchange office with practical legal support.
With your own exchange office you can:
Exchange currencies legally, with a CNB licence and an entry in the register of operators.
Earn on the exchange rate difference (the spread) – with full control over your rate policy.
Offer exchange as an ancillary service to your hotel, e-shop, store or travel agency.
Leave compliance, AML and CNB reporting to us – and focus on your business.
Take advantage of these benefits and launch the exchange office you envision!
What an exchange office must comply with by law:
CNB licence
Currency exchange may only be carried out on the basis of a bureau-de-change licence and an entry in the CNB register of operators.
AML/CFT documentation and AML processes
The operator is an obliged entity – it needs an internal AML policy, risk assessment, customer identification and due diligence, PEP and sanctions screening and regular staff training.
Operating documentation and processes
The premises cannot do without an exchange rate list, pre-contractual information and a transaction receipt, a withdrawal procedure and proper transaction records.
PDF · 5 pages · legal position as at 27 Aug 2026
Free checklist: CNB licence and launching an exchange office
Over 40 steps from preparing the application to opening day – the REGIS filing, premises, customer documents, AML and reporting. Enter your e-mail and we will send it right away.
Our pricing packages
Choose the package that’s right for you
CNB Authorisation
Obtaining the CNB licence and notifying the premises as a separate step.
CZK 79 000 + VAT
Initial analysis and review of the licensing conditions
Bureau-de-change licence application incl. annexes
Communication with the CNB and remedying application defects (1–2 rounds)
Notification of the premises to the CNB after the licence is granted
Authorisation + Premises
Everything in CNB Authorisation + complete documentation for running the exchange office.
CZK 114 000 + VAT
Initial analysis and review of the licensing conditions
Bureau-de-change licence application incl. annexes
Communication with the CNB and remedying application defects (1–2 rounds)
Notification of the premises to the CNB after the licence is granted
Complete Launch
Everything in Authorisation + Premises + AML/CFT staff training and two on-site inspections.
CZK 139 000 + VAT
Initial analysis and review of the licensing conditions
Bureau-de-change licence application incl. annexes
Communication with the CNB and remedying application defects (1–2 rounds)
Notification of the premises to the CNB after the licence is granted
The exact scope of the service is governed by the order or the legal services agreement. Neither the granting of an authorisation, nor the course of administrative proceedings, nor the outcome of an inspection can be guaranteed; these are decided by the competent authorities according to the individual circumstances of the case. The client is responsible for the completeness and accuracy of the information provided and for actually following the procedures put in place. Administrative fees, certified translations, notarial services, technical systems and third-party services are not included in the price unless expressly stated otherwise.
Why choose us
Professional team
We are experienced attorneys based in Prague specialising in financial law and financial market regulation – exchange offices, AML/CFT and proceedings before the CNB. We know the CNB's enforcement practice and what to watch out for.
We are fully dedicated to you
We work quickly and efficiently. We will guide you through the entire CNB proceedings, prepare your premises and staff, and remain available after launch. Referrals to reliable accounting and tax advisers are a matter of course.
All services under one roof
We handle everything from A to Z. We set up the company, prepare the application and represent you before the CNB, arrange AML compliance, training, screening and regular reporting – all in one place.
Fair price
Before we start the project, we calculate the exact implementation cost, which is fixed. Thanks to our systematic procedures, we can offer fair prices.
AML/CFT & PEP check
We will train you and your staff in AML/CFT, prepare your AML documentation and provide automated PEP and sanctions screening of your customers.
We think through every detail
We build our exchange-office documentation on thorough legal analyses and knowledge of the CNB's enforcement practice. Remember: a legal analysis is far cheaper than a potential fine.
News
Card payments at exchange offices: the CNB clarifies the rules
When may an exchange office accept a card payment, and when is a separate payment-services authorisation required? The CNB has clarified the boundary between the two regulatory regimes.
Currency Exchange Office Fines in 2025: What the CNB Penalised
In two analysed orders issued in 2025, the Czech National Bank imposed fines totalling CZK 250,000. Both cases involved the systematic operation of a currency exchange business without the required CNB authorisation. One case concerned three test transactions carried out at a retail shop. The other involved 36 transactions with an aggregate value of EUR 64,100. The year 2025 refers to the date of the CNB orders; the underlying conduct took place between 2018 and 2024.
The Most Common Mistakes When Setting Up a Currency Exchange Office
Setting up a currency exchange office in the Czech Republic is not a standard trade licence exercise. It requires authorisation from the Czech National Bank, a properly prepared application, suitable management and ownership arrangements, notified business premises and functioning AML procedures. What mistakes most often cause delays or problems after the business opens?
Contact
Do you want to set up your own exchange office or sort out its compliance? Don't hesitate to contact us.
PEERS advokátní kancelář, s.r.o.
Mgr. Matyáš Moska, advokát, č. ev. ČAK 19149
City Tower, Hvězdova 1716/2b, Nusle, 140 00 Praha 4, 23. patro
We are specialists in exchange offices and AML compliance.
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pravoprosmenarny.cz is a product website of PEERS advokátní kancelář, s.r.o., dedicated to legal services for bureaux de change. The firm's full range of services is available at www.peers.law.
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