Act on Central Register of Accounts

Act no. 300/2016 Coll.
With effect from: 6 October 2016

This Act establishes a central register of accounts maintained by the banks and foreign banks which operate in the territory of the Czech Republic though their branches, and savings banks and co-operative banks for their clients.

The Czech National Bank shall have the role of the administrator of the register. The following entries should be recorded in the register: account number, date of its establishment, name of the bank, identification of the client, inception and termination of the authorization to dispose with the account and the date of cancellation of the account.

Only the prosecuting authorities, financial and customs authorities and the intelligence service have the right to access into the register (open the official wording).