Opening an account

To start a company, you can open a temporary bank account (i.e. a starting account) in the Company Registration Portal. To make payments and perform transactions from this account you will need to transform it into a current account at a bank branch. Once this has been done, you can start doing your everyday banking.

You can open your initial current account at any branch. So that you don’t have to stand in line and wait to open the account, please bBook an appointment at branch.

For companies with non residential connections we do not open the account directly at the branch. The desicion for opening the account will be made within 10 working days after submitting the necessary documents in the branch. For smooth service we kindly ask the companies with non residential connections to visit the branches in Tallinn Liivalaia or Rävala.

Account opening fees for companies with non residential connections.

To open further accounts you will not have to visit a branch - your company’s legal representative can do so in the Internet Bank using their Smart-ID, ID card or Mobile ID.

Documents required in order to open an account

• The registry card of your company. This can be printed out at the bank if necessary.
• A personal identification document (passport, driver’s licence or ID card) of the representative(s) of the company. If the representatives of your company have decided that the members of the management board may only represent the company jointly (joint right of representation), all of the members of the management board must come to the branch.