Opening an account
An account can be opened by citizens of Estonia and other countries as well as stateless persons. In the case of residents of other countries, they must have a link to Estonia (such as property in the country or a company here) in order to open an account. In order to make convenient use of your account we also recommend ordering a debit card and entering into an Internet Bank agreement. However, ordering additional services is not a pre-condition for opening an account. You can take a look at the bank’s terms and conditions, price list and dispute resolution procedure on our website.
For a minor
In order to open an account for a child below the age of 7, you have to present the child’s birth certificate; in order to
open an account for a child in the age between 7 and 17, also the child’s identity card or passport is needed. When coming
to a branch, parents must also have a personal identity document. If the child wishes to come to the branch alone to open an
account or apply for a card, they must carry a parent’s authorisation. A parent who is a Swedbank customer is granted the
authority to fill in the form under bank
messages in the Internet Bank and to send it to the bank. If the parent is not a
customer of Swedbank, we ask you to come into a branch to open an account for a minor.
Children can start using their account independently with their parents’ permission from the age of 7.
Until a child turns 18 the account will be connected to an account belonging to one of their parents or their legal
guardian. However, once the child turns 18, parents lose automatically the right to use their account.
For a non-resident
The decision to open an account for non-resident private persons (citizens of other countries who do not have a long-term
residence permit or a residence permit issued for at least one year) is made within five banking days of receipt of all
required documents. The customer is notified of the decision via the channel chosen by the customer – by phone or by e-mail. If
the answer is positive, we ask the customer to come within 30 days to the same branch to open the account. If the person opening
the account is not a resident of a Member State of the European Union, they will be charged for opening the account according
to the price list.