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PL IBAN for CZ Company?

Is the IBAN number CZ or PL though? It's not a matter of a PLN currency IBAN. He needs an actual Polish IBAN number.
The suggestion from @void is reasonable; Fio is pretty much the only Czech physical bank that will still onboard VASPs (although it is also not a particularly easy process). But you will get a normal CZ IBAN with several currencies incl. PLN - not a Polish one.

Polish IBAN for Czech VASP sounds like a pretty difficult task. He can try Quicko - they are working with several VASPs but they prefer set-ups with customer dedicated IBANs/card issuing.

Maybe the chances would be better if he were to set up an Oddział and register it for VASP services at the IASK? Will still be able to operate without MiCA until 2026, IIRC. That would probably boost the chances of opening an account at the few banks where it's possible (I have seen PKOBP and mBank but not sure how it looks now) but hard to tell.
 
The suggestion from @void is reasonable; Fio is pretty much the only Czech physical bank that will still onboard VASPs (although it is also not a particularly easy process). But you will get a normal CZ IBAN with several currencies incl. PLN - not a Polish one.

Polish IBAN for Czech VASP sounds like a pretty difficult task.

Maybe the chances would be better if he were to set up an Oddział and register it for VASP services at the IASK? Will still be able to operate without MiCA until 2026, IIRC. That would probably boost the chances of opening an account at the few banks where it's possible (I have seen PKOBP and mBank but not sure how it looks now) but hard to tell.
Banking from within PL for a PL VASP is near impossible, and operating a VASP in Poland is nothing short of a nightmare. Accounts get constantly frozen and closed and financial authority who is clueless as to even the basics of how crypto works will constantly fine you. I'm fairly convinced that the entire concept of a PL VASP is just a scam by the government to be able to fine companies. PKOBP and mBank will have nothing to do with it. He had some luck at smaller SKOK instead of banks but that was still getting closed after a while.
 
Is the IBAN number CZ or PL though? It's not a matter of a PLN currency IBAN. He needs an actual Polish IBAN number.
as per @ilke's response it's an IBAN with CZ prefix however your best chance anyways
may I ask why those 2 letters matter as it has zero impact on the technical side of use? customer uncertainty and trust perhaps?
 
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as per @ilke's response it's an IBAN with CZ prefix however your best chance anyways
may I ask why those 2 letters matter as it has zero impact on the technical side of use? customer uncertainty and trust perhaps?
The Polish PSP they use can only send out to PL IBAN numbers, and most transactions online in Poland are conducted using a system called BLIK (https://en.wikipedia.org/wiki/Blik) so a foreign PSP wouldn't nessesarily have that functionality.
 
The Polish PSP they use can only send out to PL IBAN numbers, and most transactions online in Poland are conducted using a system called BLIK (https://en.wikipedia.org/wiki/Blik) so a foreign PSP wouldn't nessesarily have that functionality.

Report this to ECB.

IBAN discrimination is against EU Law. They cannot discriminate against foreign EU IBAN's for any payment which would be a violation of Article 9(2) of the SEPA Regulation (Regulation (EU) No 260/2012.
 
Report this to ECB.

IBAN discrimination is against EU Law. They cannot discriminate against foreign EU IBAN's for any payment which would be a violation of Article 9(2) of the SEPA Regulation (Regulation (EU) No 260/2012.
But the point here is that they want to use the cheaper local clearing which has a different software backing. AFAIK the SEPA regulation is not applicable in the case that the firm needs to use a local clearing scheme.
 
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Report this to ECB.

IBAN discrimination is against EU Law. They cannot discriminate against foreign EU IBAN's for any payment which would be a violation of Article 9(2) of the SEPA Regulation (Regulation (EU) No 260/2012.
Settlements within Poland use an internal banking system called ELIXIR, and my guess is there is some regulatory reasons why they can only settle with local accounts.
 
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