Account opening

You can open the bank account in Euro 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.
 
Bank account allows you:
  • To keep your money in Euro 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

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.

OPENING A CURRENT ACCOUNT FOR RESIDENT OF ESTONIA

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
  • Seaman Passport
  • Birth Certificate along with other identifying document
  • A residence permit card

OPENING A CURRENT ACCOUNT FOR NON-RESIDENT

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.

OPENING A CURRENT ACCOUNT FOR YOUNG PEOPLE

Opening a current account for young people:

  • The current account can be opened to customers who is at least 18 years old.
  • Current account can be opened in all branches of the bank.
  • To sign the agreement, please bring a personal identity document.

For a child under the age of 18, an account can be opened by his legal representative (parent or court-appointed guardian). It is possible to open an account for a child immediately upon his birth.


Required documents:

  • Birth Certificate of a child, in addition: passport or ID-card of a child
  • personal identification document of the legal representative

Starting from the age of 7, in case the parental consent is granted, a child may begin to perform primary operations with the account. When a child turns 18 years of age, all the rights to manage the bank account shall be transferred to this young person.



For young people (under 25 years) the bank offersthe following advantages:

  • opening and maintenance of the current account is free of charge
  • “Plus One” deposit with a higher interest rate
  • free SEPA-payments through Internet banking (for customers within 18-25 years of age)*
  • reduced fee for transfers on the SEPA-payments in the bank office
  • Master Card and Maestro/Cirrus debit cards with no monthly service fee
  • Twice a month - free cash withdrawals from ATMs in Estonia using  Master Card and Maestro/Cirrus debit cards (for customers within 7-17 years of age)
  • free information on bank account through ATM (balance and recent transactions)*
  • reduced fee for SMS alerts on transactions with bank cards*
  • ability to obtain a credit card on preferential terms
  • 50% of rental cost of a safe deposit box*

* - for the clients of Personal Banking scheme

OPENING A CURRENT ACCOUNT FOR SENIORS

Opening a current account for private persons starting from age 55:

  • Current account can be opened in all branches of the bank.
  • To sign the agreement, please bring a personal identity document.

For persons over 55 years the bank offers the following advantages:

  • opening and maintenance of the current account is free of charge
  • “Plus One” deposit with a higher interest rate
  • free SEPA-payments through Internet banking (for customers within 18-25 years of age)*
  • reduced fee for transfers on the SEPA-payments in the bank office
  • Debit Master Card and Maestro debit card with no monthly service fee
  • Twice a month - free cash withdrawals from ATMs in Estonia using Debit Master Card, Maestro and Deebet Plus  debit cards
  • free information on bank account through ATM (balance and recent transactions)*
  • reduced fee for SMS alerts on transactions with bank cards*
  • ability to obtain a credit card on preferential terms
  • 50% of rental cost of a safe deposit box*

* - for the clients of Personal Banking scheme