Debt Collections Handbook Czech Republic 2017

Debt Collection Reports

  • Czech Republic
  • Agriculture,
  • Automotive/Transport,

10th July 2017

Having drawn from the expertise of the Atradius Collections' local offices, the International Debt Collections Handbook explains the different stages, regulations and procedures for Czech Republic.

Amicable phase




Handbook Report Page - Amicable Phase



Atradius Collections Czech Republic maintains a professional collection process, focusing at all times on the relationship between client and debtor. Our team of collection specialists carry out the collection process in-house, contacting both verbally and in writing whilst adhering to state laws. When there is a dispute, we aim to reach an amicable solution between creditor and debtor. We do this by analysing all contractual documents (e.g. signed contracts, orders, confirmations, invoices and delivery notes, as well as all standard terms that have been agreed upon). All investigations are completed with the assistance and agreement of our legal team.


Interest rates should be specified in the contract between supplier and buyer. If they are not, the supplier can charge an interest rate on late payment based on the law. The interest rate is the same for all business relations and is prescribed by civil law. It is calculated as the amount of the repo rate set by the Czech National Bank, plus 8%. Atradius Collections Czech Republic charges interest to debtors, both in the amicable and judicial phases. In a judicial proceeding, the interest rate is based on the law if it is not contracted by the parties, and the courts will always award the interest that is required under the condition that the principal is granted. From a cultural point of view, it can be difficult to obtain the total amount of interest from the debtor. Often, the interest is considered a matter of negotiation between debtors and collectors.


Since July 2013, creditors can also demand a lump sum of collection costs of at least CZK 1,200.

The Debt Collections Handbook presents a snapshot of the Czech Republic's current local economic situation and covers the following topics:

  • Types of companies
  • Sources of information
  • Legal procedures
  • Enforcement in debt, movable and immovable goods
  • Insolvency Procedures

To read more about steps and procedures undertaken in the field of debt collection:

Download Debt Collections Handbook Czech Republic now!



The statements made herein are provided solely for general informational purposes and should not be relied upon for any purpose. Please refer to the actual policy or the relevant product or services agreement for the governing terms. Nothing herein should be construed to create any right, obligation, advice or responsibility on the part of Atradius, including any obligation to conduct due diligence of buyers or on your behalf. If Atradius does conduct due diligence on any buyer it is for its own underwriting purposes and not for the benefit of the insured or any other person. Additionally, in no event shall Atradius and its related, affiliated and subsidiary companies be liable for any direct, indirect, special, incidental, or consequential damages arising out of the use of the statements made information herein.