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Private payment account
Free incoming and outgoing payments between participants
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Money transfers to all CIS countries
With cash withdrawal through the Contact system.

Instant crediting.
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European account with personal IBAN
Free European account. Accept and send payments to 34 countries of Europe
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Money transfers to Ukraine
Commission 1%. Instant crediting to the recipient's card.

All banks of Ukraine. Profitable course.
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How to open a payment account in BitEffect

1
Sign up

Registration in the BitEffect system is free. Registration does not take more than 3 minutes. Click on the Registration field and fill in the required fields. After filling in all the fields, you will receive a letter to confirm registration to the specified email address.

After confirming the email address and phone number, you can top up your BitEffect account.

You can read more about the registration process here.

2
Top up account

You can fund your account in four ways:

  • cash in CZK via SAZKA terminals
  • by bank transfer in CZK or EUR
  • by card
  • at BitEffect representative offices or at the central office

Top up account by bank transferring is carried out using SEPA-payment or bank transfer in the Czech Republic. Read more about all BitEffect recharge options here.

3
Transfer money

Receive payments or send money to your relatives and to peape close to you.

The BitEffect payment system allows you to transfer funds in Europe, from the Czech Republic to Ukraine to a card of any bank, as well as to any country to a MasterCard card.

EU transfers (SEPA payments) are completely free. For other payments, the transfer fee is 1-2% of the transfer amount

Money transfers to Ukraine - easy, fast and profitable!

After sending, the funds will be credited to the recipient's account instantly. BitEffect company works with all banks of Ukraine (PrivatBank, Oschadbank, Monobank, OTP Bank and others).

Convenient account top up through SAZKA terminals

SAZKA terminals are located throughout the country and there are more than 5000 of them. All addresses of the company’s representatives can be viewed on the Contact page.

Transfer fee

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1st transaction
BONUS
  • Register for BitEffect
  • Top up your account through Sazka terminal
  • We will credit 100 CZK to your account
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Worldwide money transfers
Commission 1-2%
  • The commission is paid from the total amount of the transfer in the currency of your account
  • No hidden fees
  • Crediting funds to the recipient instantly
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Transfers in EU
FOR FREE
  • European account with personal IBAN
  • SEPA payments in Euro
  • 34 countries throughout the European Union

Transfers worldwide to MasterCard

To transfer funds worldwide to a MasterCard in BitEffect, it is enough to know only the card number of the recipient.

Send funds quickly and very conveniently, without extra clicks and information!

Verification does not take more than 10 minutes

Verification is the process of verifying your personal data. To be verified in the system you need a foreign passport and any second document proving your identity. Documents must be downloaded to your account in the system online by clicking on the Verify button

Frequently Asked Questions and Answers

1
Who can open a private BitEffect account

BitEffect account holder must be over 18 years old. Account can be opened both by individuals and entrepreneurs. Please note that our company does not work with residents of the following countries: Afghanistan, Angola, Burundi, Central African Republic, Colombia, Côte d’Ivoire, Crimea, Cuba, DPRK, Democratic Republic of the Congo, Eritrea, Iran, Iraq, Kosovo, Liberia , Libya, Myanmar, Palestine, Sierra Leone, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen and Zimbabwe.

2
How to open a private account in BitEffect

The registration process in the BitEffect system is very simple and fast. To open an account, you can register on our website (individuals and legal entities) by filling out the registration form or sending us an email to info@biteffect.net.

After filling out the form, you need to confirm your email address and your identity.

Open an account online

3
BitEffect System Security

Registration, account opening and active use of the BitEffect payment system is absolutely safe for each user.

The company operates under a license issued by the Czech National Bank.

BitEffect is also PCI DSS certified, which means your data is completely secure.

4
Top up account at the office

You can top up your BitEffect account at the office of company representatives. BitEffect company works with exchange offices where you can physically send money. Moreover, you can register right on the spot and get answers to all your questions. You can find the nearest office here.

You can also replenish your account in the central office of the company. The company address is Sokolovská 126/40, 18600 Praha 8. You can make an appointment by calling +420 212 248 27

5
Verification in BitEffect system

Verification in the BitEffect payment system is required when transferring funds above 100 euros or 2500 CZK.

Verification is necessary in connection with the law on combating the financing of terrorism and money laundering.

Verification is a confirmation of personal data that you enter during registration in the system.

The same verification system is used in all financial institutions, including banks.

Data is not provided to third parties.

Read more about the verification process in the BitEffect system here.

6
Partnership with SAZKA

Top up of a BitEffect account in cash in the Czech CZK currency is carried out through the terminals / offices of SAZKA.

Our company has been cooperating with SAZKA since 2018.

This collaboration allows our customers to quickly and conveniently top up their BitEffect account and make money transfers around the world.

Since SAZKA owns more than 5,000 terminals throughout the Czech Republic, users of the BitEffect payment system can top up their account in cash at any time of the day.

Read more about all BitEffect recharge options here.

biteffect personal appointment

BitEffect Payment System

BitEffect Company

The BitEffect payment system allows each user to maintain their personal payment account and send money transfers instantly and safely. BitEffect operates as a bank, but faster and cheaper.

By opening an account in the BitEffect payment system, you can send money transfers from the Czech Republic around the world. To carry out financial transactions, it is enough to make just a couple of clicks and the money will be credited to the recipient’s card.

Money transfers to all countries of the world in the BitEffect system are carried out under very favorable conditions – a commission of 1-2% of the total transfer amount. Account top up is possible in various convenient ways. You can send money online and physically at the main office of the company or at representative offices.