An understanding of banking facilities in Estonia will enable you to plan your property purchase to its best potential. Find out the essentials below.
Estonian banks use the latest technology in internet banking and almost all services are offered digitally. Even contracts can be digitally signed with an Estonian resident ID card and the use of a card reader. This technology is available largely because most of Estonian banks have been taken over by Swedish, Norwegian or Finnish banking institutions.
With the recent global tightening of credit, the banks in Estonia have, in turn, adapted stricter regulations and lending policies.
In principal, it is relatively easy to open an account at any of the Estonian commercial banks. Individual requirements might differ between the various banks, particularly for non-EU nationals. It is advisable to contact the bank of your choice prior to opening an account in order to get the correct information on their particular requirements.
Amongst the documents normally required to open an account are: proof of identity and in the case of a company, a copy of the business register entry card (B-card /Chamber of Commerce registration). For equal joint ownership of a company, all partners need to be present.
Estonian cash dispensing machines accept all major debit and credit cards for cash withdrawal. Most of the big stores accept major credit cards and an increasing number of accept foreign debit cards.
Banks in Estonia also offer the possibility to hold funds in different currencies in the same account.
Public information: 372 66 80 719
Postal address: Estonia Bld.13, 15095 Tallinn, Estonia
Address: Narva mnt 4, 15014 Tallinn
Phone: 372 669 0900
Fax: 372 661 6037
SWIFT code: EKRDEE22
Address: Tornimäe 2, 15010 Tallinn
Phone: 372 665 5100
Fax: 372 665 5102
SWIFT code: EEUHEE2X
Address: Liivalaia 8, 15040 Tallinn
Phone: 372 631 0310
Fax: 372 631 0410
SWIFT code: HABAEE2X
Narva mnt 11, 15015 Tallinn
Phone: 372 630 2100
Fax: 372 630 2200
SWIFT code: FOREEE2X
Address: Vana-Viru 7, 10111 Tallinn
Phone: 372 668 8000
Fax: 372 668 8001
SWIFT code: TABUEE22
Address: Rüütli 23, 51006 Tartu
Phone: 372 737 7580
Fax: 372 737 7581
Address: Hobujaama 4, 15068 Tallinn
Phone: 372 628 3300
Fax: 372 628 3201
SWIFT code: NDEAFIHH in favour of NDEAEE2X
Address: Roosikrantsi 2, 10119 Tallinn
Phone: 372 770 0000
Fax: 372 770 0001
Address: Liivalaia 13/15, 10118 Tallinn
Phone: 372 668 8300
Fax: 372 668 8359
Address: Pärnu mnt 139c, 11317 Tallinn
Phone: 372 630 5705
Fax: 372 630 4746
Address: Peterburi tee 72, 11415 Tallinn
Phone: 372 665 1263
Fax: 372 665 1208
Address: Tartu mnt 10, 10145 Tallinn
Phone: 372 686 8500
Fax: 372 686 8501
Address: Roosikrantsi 11, 10119 Tallinn
Address: Roosikrantsi 17, 10119 Tallinn
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