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Banks/Pharmacies

 
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canucmeee



Joined: 18 Feb 2009
Posts: 7

PostPosted: Tue Apr 21, 2009 10:57 pm    Post subject: Banks/Pharmacies Reply with quote

Anyone have experience with Citibank or HSBC? I would like to find a bank that I can access from both in the US and in the Czech Republic. Also, what would you recommend with moving to Prague, money wise? Do what I am thinking about doing, or, just finding a good Czech bank once I am there? I'd like my family to have access from the US which is why I am curious about those two banks.

Also, how are the pharmacies in Prague and the surrounding cities?

Thanks!
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spiral78



Joined: 05 Apr 2004
Posts: 11534
Location: On a Short Leash

PostPosted: Wed Apr 22, 2009 6:52 am    Post subject: Reply with quote

I use a Czech bank, but it's definitely not accessible by relatives from abroad - I think you will definitely be better with an international bank. Whatever language school employs you may well have a bank where they will help you to open an account, and through which they'll pay you - this might be your best option, but you'll find out when you get here (I'm assuming you're still in the US).

If I were you, I'd expect a few weeks to get things like this set up, as you'll need local info.

Pharmacies are plentiful (I'm assuming you mean the ones that provide prescription medications, which are separate stores here from 'drug' stores that sell shampoos and cleaning stuff and etc).

However, I'd be very doubtful that they would honor a prescription from a doctor in the US.

The good news is that international doctors are also plentiful, and it should be a relatively simple matter to take your US prescription(s) to a doctor here and have it issued from the CR (and probably in Czech) so that the pharmacies will honor it. This may be a bit easier to accomplish in Prague or other large cities, such as Plzn or Brno or Ceske Budejovice.

It's probably not the worst idea to establish yourself with a local doctor in any case, just in case:)

I'd bring enough medication to get you through a couple of months, to be on the safe side, while you get the above chores accomplished.
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ITTP



Joined: 23 Sep 2006
Posts: 343
Location: Prague/Worldwide

PostPosted: Wed Apr 22, 2009 12:13 pm    Post subject: Reply with quote

spiral78 wrote:
I use a Czech bank, but it's definitely not accessible by relatives from abroad - I think you will definitely be better with an international bank. Whatever language school employs you may well have a bank where they will help you to open an account, and through which they'll pay you - this might be your best option, but you'll find out when you get here (I'm assuming you're still in the US).

If I were you, I'd expect a few weeks to get things like this set up, as you'll need local info.

Pharmacies are plentiful (I'm assuming you mean the ones that provide prescription medications, which are separate stores here from 'drug' stores that sell shampoos and cleaning stuff and etc).

However, I'd be very doubtful that they would honor a prescription from a doctor in the US.

The good news is that international doctors are also plentiful, and it should be a relatively simple matter to take your US prescription(s) to a doctor here and have it issued from the CR (and probably in Czech) so that the pharmacies will honor it. This may be a bit easier to accomplish in Prague or other large cities, such as Plzn or Brno or Ceske Budejovice.

It's probably not the worst idea to establish yourself with a local doctor in any case, just in case:)

I'd bring enough medication to get you through a couple of months, to be on the safe side, while you get the above chores accomplished.


Some sound advice there.
Would like to just recommend a few additional things:

Citibank in Prague, to the best of my knowledge, act more like a franchise bank of Citibank and this means that you might as well open a local Czech bank account and use the online banking services when abroad. This is assuming of course that you don't need to be depositing money into your account on a regular basis when abroad. For withdrawals, your ATM card will work fine from any Czech bank and might even be cheaper than using one of the international brand banks. If you are going to be needing your account for lots of transactions internationally then HSBC might be the way forward BUT and from personal experience, they do tend to be expensive and if you do need to speak with someone from the bank in event of an urgent issue then expect long waits to get through to one of their many call centers which are usually located in India and where the person at the other end of the line might have limited knowledge about your account details. HSBC online information services almost always redirect you to one of the call centers anyway.
We bank with CSOB and for a Czech bank they are pretty good.
Expect though to pay for everything (even depositing funds into your account).
ebanka.cz and mbanka.cz tend to charge slightly higher rates but boast international banking services and are expat friendly. An account at one of these banks can be set up in minutes.

I completely agree with Spiral about registering with a doctor but concerning any medication traveled with MAKE SURE YOU HAVE IT IN ITS ORIGINAL PACKAGING AND WITH THE PRESCRIPTION.

Hezky den!/Lovely day!

Neville Smile

ITTP Prague
Jungmannova 32
Prague 1
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canucmeee



Joined: 18 Feb 2009
Posts: 7

PostPosted: Thu Apr 23, 2009 10:37 pm    Post subject: Reply with quote

Thank you, yes I am still in the US trying to sort out what I can before I leave. I will definitely have to get to know a doctor there since my autoimmune problem may act up with the transitional stress, lifestyle changes, et cetera. It's good to hear that there are plenty of international/English speaking doctors. You know what a typical doctor's visit would be in Prague? For someone without health insurance/coverage?

The bank websites for Citi and HSBC are pretty confusing to me.
Would it be easiest for me to just set up an account there and then wire what I need from my US account?
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spiral78



Joined: 05 Apr 2004
Posts: 11534
Location: On a Short Leash

PostPosted: Fri Apr 24, 2009 4:29 pm    Post subject: Reply with quote

Yes, I would say your banking arrangements are best done from here.
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ITTP



Joined: 23 Sep 2006
Posts: 343
Location: Prague/Worldwide

PostPosted: Thu May 07, 2009 6:52 am    Post subject: Reply with quote

canucmeee wrote:
Thank you, yes I am still in the US trying to sort out what I can before I leave. I will definitely have to get to know a doctor there since my autoimmune problem may act up with the transitional stress, lifestyle changes, et cetera. It's good to hear that there are plenty of international/English speaking doctors. You know what a typical doctor's visit would be in Prague? For someone without health insurance/coverage?

The bank websites for Citi and HSBC are pretty confusing to me.
Would it be easiest for me to just set up an account there and then wire what I need from my US account?


Concerning the doctor, I would recommend visiting a hospital once here and locating an English-speaking doctor. They will be able to provide you with further information and it will be a whole lot cheaper than going through one of the expat doctors which advertise their services on the local website portals here in Prague. When I first came to Prague and when I had no Czech health insurance I would simply visit Karlovo Namesti hospital if I had to seek medical attention and there was always a very helpful English-speaking doctor on hand and I never felt as though I was over-charged.

As you have a medical condition your priority is to get yourself legal and paying taxes so that you are covered for medical treatment.

I have a lovely doctor but his job is little more than to direct me to the correct hospital whenever I have need for medical attention.

You can obtain short-term local medical coverage now through ozp but you should definitely check up on the details:
http://www.ozp.cz/en/

Concerning your banking question, I definitely recommend setting up your account here locally because your school will almost definitely request a Czech bank account to have your wages paid into.
http://www.mbanka.cz is prob your best bet if you are looking for a stress-free expat banking experience.
In English: http://www.mbank.cz/mbank/english.html

Hezky den!/Lovely day!

Neville Smile

ITTP Prague
Jungmannova 32
Prague 1
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Glenlivet



Joined: 21 Mar 2009
Posts: 179
Location: Poland

PostPosted: Thu May 07, 2009 7:00 pm    Post subject: Re: Banks/Pharmacies Reply with quote

canucmeee wrote:
Anyone have experience with Citibank or HSBC? I would like to find a bank that I can access from both in the US and in the Czech Republic. Also, what would you recommend with moving to Prague, money wise? Do what I am thinking about doing, or, just finding a good Czech bank once I am there? I'd like my family to have access from the US which is why I am curious about those two banks.

Also, how are the pharmacies in Prague and the surrounding cities?

Thanks!


If, as I assume, you're going to be teaching in Czech, utilise your students for local info on doctors etc. when you get here. They are an invaluable source of local information and usually only too pleased to help. This can also be a good source of obtaining some private work, being personally introduced to professional people by a local.
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ITTP



Joined: 23 Sep 2006
Posts: 343
Location: Prague/Worldwide

PostPosted: Fri May 08, 2009 7:51 am    Post subject: Re: Banks/Pharmacies Reply with quote

Glenlivet wrote:
canucmeee wrote:
Anyone have experience with Citibank or HSBC? I would like to find a bank that I can access from both in the US and in the Czech Republic. Also, what would you recommend with moving to Prague, money wise? Do what I am thinking about doing, or, just finding a good Czech bank once I am there? I'd like my family to have access from the US which is why I am curious about those two banks.

Also, how are the pharmacies in Prague and the surrounding cities?

Thanks!


If, as I assume, you're going to be teaching in Czech, utilise your students for local info on doctors etc. when you get here. They are an invaluable source of local information and usually only too pleased to help. This can also be a good source of obtaining some private work, being personally introduced to professional people by a local.


Good tip.
Czech students are aware that tourists and foreign residents can be targets of over-pricing and they do tend to go out of their way to arrange locally-priced assistance for you should you need a doctor or any similar assistance.

Neville Smile

ITTP Prague
Jungmannova 32
Prague 1
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canucmeee



Joined: 18 Feb 2009
Posts: 7

PostPosted: Sun May 17, 2009 4:45 pm    Post subject: Reply with quote

Thank you, this was all very helpful!
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ITTP



Joined: 23 Sep 2006
Posts: 343
Location: Prague/Worldwide

PostPosted: Thu May 21, 2009 3:34 am    Post subject: Reply with quote

Just wanted to add that we are receiving continued very positive reports about mbanka:
http://www.mbanka.cz
( http://www.mbank.cz/mbank/english.html ).

Hezky den!/Lovely day!

Neville Smile

ITTP Prague
Jungmannova 32
Prague 1
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jade_bear



Joined: 06 Jul 2009
Posts: 16

PostPosted: Thu Jul 09, 2009 1:32 am    Post subject: Reply with quote

ITTP wrote:
...get yourself legal and paying taxes so that you are covered for medical treatment.


Hi - so once you have a work permit/visa you are covered for medical expenses? How does the medical system work in Czech - in Australia we have a mixed public/private health care system where subsidised and free medical treatment is available for everyone and then individuals can opt to take out private health insurance for greater cover/treatment options.

I am working out whether I need to get travel insurance to cover me for a year+ so that my medical is covered while I am teaching, or if I only need it for a month or so while I am travelling and setting myself up.

thanks Smile
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spiral78



Joined: 05 Apr 2004
Posts: 11534
Location: On a Short Leash

PostPosted: Thu Jul 09, 2009 4:32 am    Post subject: Reply with quote

No, you won't automatically be covered just with a work permit. Your employer should help you with coverage - it's not terribly expensive, and you would always be treated in case of emergency, but you could be liable for payments.

If you can get good insurance for the year at a decent price, it's not a bad option - though a good school should get you coverage, so you may not need it long term.
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jade_bear



Joined: 06 Jul 2009
Posts: 16

PostPosted: Thu Jul 09, 2009 7:51 am    Post subject: Reply with quote

Thanks spiral78. I will look into how much my own insurance would be, but also make sure I consider medical coverage when I am looking at job offers.

cheers
Deb
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