The easiest way for safe and modern management of own finance is to open a bank account.
The bank account will allow you to have access to your money at any time and practically in any place.
You can open the bank account in Estonian Kroons as well as in any other foreign currency accepted by the bank, as a multicurrency account.
Most of the services and products offered by the bank are related with availability of the bank account. The bank calculates interests for the amount of money being on your bank account, calculation of interests is based on the constant balance of your account, type of currency and annual interest rate.
Bank account allows you :
- To keep your money in Estonian Kroons or any other currency
- To deposit money on your bank account both in cash or by transaction
- To withdraw money from your bank account
- To make domestic and foreign payments
- To open and use bonds and securities account
- To perform operations with cheques issued by foreign banks
- To check balance of your bank account on-line or in the banks branch
- To use bank cards and internet bank
- To conclude a contract for regular payments
- To operate with letters of credit and collection orders
- To apply for a loan
The following documents are required to open a bank account for private client
In order to open bank account you have to visit one of the banks branches in person. You will be asked to present identifying document.
The bank account for private person resident can be opened on the basis of the following documents :
- Passport of Estonian Citizen
- Estonian Passport of Allien, with valid residence permit
- Diplomat Passport
- ID for Citizen of Estonian Republic
- Driving License issued in Estonia
- Seaman Passport
- Military Service ID card
- Birth Certificate along with other identifying document
The bank account for private person non-resident can be opened on the basis of the following documents :
Passport of the country of his citizenship
( passport shall include valid Estonian visa or residence permit ). These rule is not applicable for the citizens of the countries for whom visa to Estonia is not required.
Travelling document issued by foreign country.