Business Debit Card

Debit card with credit card features

  • Shop online, rent cars, book plane tickets and hotels.
  • Fast and secure contactless payments.
  • Order the card to your company's contact address.
  • Deposit money into your company’s account via Swedbank’s ATMs across Estonia.
Convenient to use in both brick-and-mortar stores and online
  • Suitable for all types of business purchases, including over the internet and enable your employees to use the funds in the company's account.
  • It is important for shopping at online retail outlets to be convenient and secure. In order to pay with the card online you must activate Secure Internet Shopping.
  • Online payments will be activated automatically in the case of renewed and replaced cards that are sent via post if this function was activated for the previous card.

Activate Secure Internet Shopping

Manage user rights and limits easily
  • Several cards can be ordered and linked to a single account for employees.
  • Individual usage limits and rights can be set and modified via Internet Bank and Mobile Bank (Android only) for each cardholder.
  • By adjusting the user rights settings, you can allow or disable various card transactions like payments, withdrawals, deposits, ATM payments, contactless functionality and account statement or balance requests.
  • User rights and limits can be amended with Smart ID, Mobile ID, ID card or Digi ID by the company’s legal representative who has the sole right of representation according to the commercial register.
Use contactless payments
  • The contactless card enables you to make purchases up to a value of 25 € without having to enter your PIN. You only need to tap the card against the payment terminal.
  • Contactless payment feature can be enabled or disabled. The change will take effect after one payment confirmed with PIN.
  • If you accidentally tap the terminal two or more times, only the first tap is registered.
  • Time to time some smaller purchases will still need to be confirmed using your PIN.

Find out more

New debit card

The easiest way to order and sign an agreement is via Internet Bank

The debit card can be delivered by post to the company’s contact address with-in country.

A debit card agreement can be signed in the Internet Bank:

  • by the company’s legal representative who has the sole right of representation according to the commercial register;
  • with Smart ID, Mobile ID, ID card or Digi ID.

If the person who orders the card is not authorised to sign the agreement or doesn’t have proper authentication tools, it will be sent to the Internet Bank for approval by a person who has the respective authorisation in the company. The card agreement must be signed within 7 business days, otherwise it will be irrevocably cancelled.

Delivery within 5-10 days

  • The card will be made and sent via post to the company’s contact address provided to the bank. For security reasons, we send only inactive cards by post. After receiving your bank card, you must activate it via the Internet Bank.
  • If card delivered to chosen Swedbank branch and agreement is already signed, then the card could picked-up by signing person as well card holder.

Order the card

Automatically renewed card
  • Card will be automatically renewed if such order was given by client and renewing is in accordance to card agreement conditions. You can change renewing status as well as the delivery method and address for a card via the Internet Bank not later than 60 days before the expiry date of existing card.
  • Renewed debit card will be delivered at least two weeks before the expiry of the old card to your company's contact address or a suitable Swedbank branch.
  • Renewed cards will have their former PIN.
  • Renewed card can be used only after activating.

Order the card to your company's contact address

  • Sending the card via mail is free of charge within Estonia.
  • Make sure that your company's contact address is correct before ordering the card.
  • Your company's contact address changes automatically if you change the card delivery address.
  • The bank card can also be ordered and picked up at Swedbank branches.
1. PRIVATE PERSON Effective as of 01.11.2019
1.1 Issuing the first debit card associated with an account (1) free of charge
1.2 Issuing an additional debit card associated with an account (1) according to price list
1.3 Renewal of a card (1) free of charge
1.4 Maestro debit card (2)
monthly fee of a card (3) 0,96 EUR
1.5 Debit card Plus
issuing a card 2,50 EUR
monthly fee of a card 1,28 EUR
monthly fee of a card for up to 19-year-olds (incl.) free of charge
monthly fee of a card for 20-25-years old (incl.) 0,32 EUR
monthly fee of a card from age 65 (incl.) 0,32 EUR
1.6 A temporary ATM card (valid for 1 month)
issuing a card 2,50 EUR
1.7 ISIC MasterCard Student card
issuing a card 6,33 EUR
replacement of a card 6,33 EUR
monthly fee of a card 0,32 EUR
renewal of a card 6,33 EUR
1.8 Youth card (4)
monthly fee of a card for up to 19-year-olds free of charge
monthly fee of a card for people aged 20-25 0,32 EUR
1.9 Senior card (5)
monthly fee of a card 0,32 EUR
1.10 MasterCard Private Banking Card
issuing a card 2,50 EUR
monthly fee of a card 1,98 EUR
GENERAL SERVICE AND TRANSACTION FEES
1. Cash deposit in euros in home bank's terminal (6) up to 5000 EUR per calendar month free of charge 0,25%
of the deposited amount that exceeds 5000 EUR per month
2. Cash withdrawal
2.1 from terminals of your home bank
up to 2000 EUR per calendar month free of charge
over 2000 EUR per calendar month 0.3% of the amount that exceeds 2000 EUR
2.2 from other bank’s terminals in Estonia and abroad 1 EUR + 2.5% of the amount
2.3 with debit cards issued by Swedbank from Swedbank Group ATMs in Latvia, Lithuania, Sweden (7)
up to 2000 EUR per calendar month free of charge
over 2000 EUR per calendar month 0.3% of the amount that exceeds 2000 EUR
3. Balance inquiry and statement in Swedbank’s terminals in Estonia free of charge
4. Balance inquiry in other bank’s terminals in Estonia and abroad (8) 0,32EUR/query
5. Making payments in ATMs and payment terminals
an intra-bank payment 0,16 EUR (free for clients aged 65 and more) (9)
domestic payment 0,38 EUR
6. Payment in a commercial enterprise free of charge
7. Closure of a card free of charge
8. A copy of the receipt of a card transaction (inquiry)
a transaction in Estonia 4 EUR
a transaction abroad 8 EUR
9. Demand for refund, unjustified
a transaction in Estonia 12 EUR
a transaction abroad 16 EUR (In case disputing card transaction made abroad, additional costs of the card organisations may apply)
10. Sending a card from one branch to another (10) 2,50 EUR
11. Sending a card by mail
mail (Estonia) free of charge
12. Conversion fee for transactions in foreign currencies (11) 1% of transaction amount
13. Penalty for using a closed card 65 EUR
14. Penalty 0.2% a day
15. Emergency cash assistance in abroad in Western Union service points (12) 40EUR
16. Retrieval of bank cards from other banks from Swedbank ATMs 30 EUR
2. LEGAL PERSONS Effective as of 01.11.2019
2.1 Issuing the first debit card associated with an account free of charge
2.2 Issuing an additional card associated with an account according to price list
2.3 Renewal of a card free of charge
2.4 A temporary ATM card (valid for 1 month)
issuing a card 2,50 EUR
2.5 Business Debit Card (13)
issuing a card 2,50 EUR
monthly fee of a card 1,50 EUR
monthly fee of a card with the possibility of making cash deposits 0,50 EUR
GENERAL SERVICE AND TRANSACTION FEES
1. Cash deposit in euros in home bank's terminal (14)
up to 5000 EUR per calendar month free of charge
exceeds 5000 EUR per month 0,25% of the deposited amount
2. Cash withdrawal
from terminals of your home bank 0,19 EUR + 0.3% of the amount
from other bank’s terminals in Estonia and abroad 1,92 EUR + 2,5% of the amount
with debit cards issued by Swedbank from Swedbank Group ATMs in Latvia, Lithuania, Sweden (7) 0,19 EUR 0.3% of the amount
3. Balance inquiry and statement in Swedbank’s terminals in Estonia free of charge
4. Balance inquiry in other bank’s terminals in Estonia and abroad (8) 0,32EUR/query
5. Making payments in ATMs and payment terminals
an intra-bank payment 0,16 EUR
domestic payment 0,38 EUR
6. Payment in a commercial enterprise free of charge
7. Closure of a card free of charge
8. A copy of the receipt of a card transaction (inquiry)
a transaction in Estonia 4 EUR
a transaction abroad 8 EUR
9. Demand for refund, unjustified
a transaction in Estonia 12 EUR
a transaction abroad 16 EUR (In case disputing card transaction made abroad, additional costs of the card organisations may apply)
10. Sending a card from one branch to another (10) 2,50 EUR
11. Sending a card by mail
mail (Estonia) free of charge
12. Conversion fee for transactions in foreign currencies (11) 1% of transaction amount
13. Penalty 0.2% a day
14. Emergency cash assistance in abroad in Western Union service points (12) 40EUR
15. Retrieval of bank cards from other banks from Swedbank ATMs 30 EUR

(1) Except ISIC MasterCard Student card

(2) Maestro debit card in not issued from 2nd of October 2017.

(3) The debit card fee is not applicable to the customers who as of 01.08.2011 were at least 60 years old and had Maestro debit card.

(4) Youth card in not issued from 2nd of April 2019.

(5) Senior card in not issued from 2nd of April 2019.

(6) A limit of 10,000 euros per month on cash deposited in ATMs will be applied to debit cards. The fee is charged on the amount that exceeds 5 000 € per calendar month and the cash is deposited in home bank’s terminal. The service fee is client-based on the basis of calculation is a calendar month.

(7) ATM in Sweden is Bankomat.

(8) The availability of the service in a foreign country depends on the foreign bank's ATM technical possibilities and service can be used with MasterCard/Maestro cards.

(9) This also applies to clients who were at least 60 years old on 1 September 2015 and held a current account.

(10) The price is inclusive of VAT at the rate of 20%.

(11) Added to the amount of every transaction made with the card if the card transaction is in a currency other than the euro.

(12) If the ordered service is canceled, the bank will not refund the service fee.

(13) MC Business Debit.

(14) A limit of 15,000 euros per month on cash deposited in ATMs will be applied to debit cards.The fee is charged on the amount that exceeds 5 000 € per calendar month and the cash is deposited in home bank’s terminal. The service fee is client-based on the basis of calculation is a calendar month.

Debit Card agreement terms and conditions

Activation
  • If you receive card via post, then renewed card can be activated via the Internet Bank.
  • Once the agreement is signed when ordering a debit card, it can be activated in the Internet Bank by fully authorized users.
  • If the card agreement was not signed upon ordering or if the card is automatically renewed, it can only be activated with together with agreement signing.
  • A card agreement could be signed: by the company’s legal representative who has the sole right of representation according to the commercial register: with Smart ID, Mobile ID, ID card or Digi ID.
  • The card received in branch is activated by a branch employee before handing it over. If card agreement is already signed, then the card could picked up by signing person as well card holder. If not – by person who, according to the bank’s data or commercial register is authorized to represent the company and sign the agreement.

Activate card

Card blocking and closing
  • If you suspect you have lost your card, you can temporarily disable it through our mobile app (Android only). You have 10 days to reopen your card if you should find it or it will be automatically closed.
  • If a bank card is stolen, it must be closed immediately. You could do it by calling our business client consultation center on 6 132 222.
  • If your card is lost or stolen abroad and you are unable to contact us, you can block the card by calling the 24-hour MasterCard card foreign helpline +1 636 722 7111 (charged) or a toll-free helpline in the country of location.
PIN

In case of a new debit card, the PIN is issued in a separate envelope when you receive the card by post or collect it at branch.

Renewed cards will have their former PIN. If you would like to secure PIN then you can change it in Swedbank ATMs in Estonia.

In security reasons it is allowed to insert PIN wrongly only 2 times. After 3rd time PIN will be automatically blocked.

  • If you block your PIN in POS then you can unblock it in ATM by inserting the correct one in first time.
  • If you block your PIN in ATM or can’t remember the PIN, you need to order the new card.
Disputing card transactions

You can dispute a card transaction sending the bank message, call to consultation center 6 132 222 or turn to nearest branch if:

  • you discover that your account statement includes transactions for which you did not aware of or not reach an agreement with the merchant or service provider;
  • an ATM fails to make a deposit or a withdrawal. For instance, in cases when an ATM does not issue cash upon withdrawal, but the sum is debited from the account or when a deposit is not added to your account.

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