Terms of purchase
and sale of equities,
ETFs and certificates
Terms of purchase and sale of equities, ETFs and certificates
Who can trade equities, ETFs and certificates
via Česká spořitelna?
- natural persons with permanent residence in the Czech Republic,
natural persons of a different country for which no special rules apply
persons not deprived of legal capacity
underage persons represented by a legal representative
legal entities, natural persons – entrepreneurs
other entities (foundations, movements, political parties)
Read the Rules for the trading of US persons (in cz language).
- investment services agreement
- a current account agreement
- possibly transaction documents (buy order, sell order, transfer order)
You can fill in both of these requirements comfortably from your home in George or at any Česká spořitelna branch.
- natural person – valid identity card (civil card, or travel, diplomatic or service passport, permanent residence permit)
- legal entity - proof of legal personality - extract from the Commercial register (original or officially certified copy) not older than 3 months and a document authorizing the disposal of share certificates signed by representatives
Proof of identity (natural persons – e.g. company executive) - other entities – proof of legal personality issued by the appropriate authority that either approves or registers their activity.
For transactions with securities (buying and selling) you need a bank account maintained at Česká spořitelna. George will offer it to you in the "Settlement Account" option.
The completion of the necessary agreements and documents, including the establishment of George internet banking for the activation of online trading, is free of charge.
The price for purchase and sale is governed by the type of product selected and the valid price list.
- During the lifetime, the product can be bought or sold on the stock exchange during trading hours.
- Settlement at maturity of the certificate will take place within 7 working days at the latest.
Exclusively for turbo long/short:
- Settlement in case of certificate knock-out will take place within 7 working days at the latest.