Yes, non-residents can generally open a business bank account in Estonia. However, specific requirements and procedures may vary among banks. It is important to note that they may require you to be locally present, have local workforce/partners or a representative, and demonstrate evidence of business activity in Estonia.
Your Business Account in Estonia 🇪🇪
Open a business account to operate in Estonia with or without local presence. Get multicurrency IBAN to manage EUR, USD, GBP and other currencies just like local companies do.
Open accountA single solution to bank overseas
Be where your clients and partners are - With MultiPass multi-currency account do business with partners, clients and contractors both globally and in local markets. Hold, send & receive money in multiple currencies and convert only when needed, at great FX rates.
Within Estonia 🇪🇪
Account details:
IBAN (EU & global)
Currencies:
EUR
Supported payment networks:
SEPA, SEPA Instant
Delivery time:
0-1 business day
The rest of the world 🌍
Account details:
IBAN (EU & global)
Account number & Sort code (UK)
Account & Routing numbers (US)
Currencies:
EUR, GBP, USD & 70+ currencies
Supported payment networks:
SWIFT, SEPA, SEPA Instant, Faster Payments, ACH, Fedwire, 10+ local networks
Delivery time:
0-2 business days
Our API services include
How to send money to Estonia 🇪🇪 with MultiPass
1.
Convert your currency to EUR
Save on FX vs traditional banks. Hold EUR in your account and avoid unnecessary conversions
2.
Choose recipient in Estonia
Make a payment to their local account details
3.
From 0 GBP per payment
Payment delivery up to 5x faster than SWIFT
Pricing
from 500 GBP
Account opening
from 100 GBP/month
Account maintenance
Free
IBAN + local UK, US details issuing
Please note that pricing may vary from case to case. For more information, visit the pricing page.
Get paid in EU like a local
2 EUR
Share your new account details with your customers in the EU, allowing them to pay you as easily as they would a local company.
Pay overseas staff cheaper & faster
from 10 EUR
Local payouts offer significant savings vs international SWIFT transfers, which is perfect for companies that regularly pay salaries to overseas contractors.
Our awards
Accepted member of
the industry-recognised associations
Your questions, answered
Can I open a business bank account in Estonia as a non-resident?
What is required to open a business bank account in Estonia?
How long does it take to open a business account in Estonia?
Apply for your EUR account today
Our onboarding process is a breeze! Simply fill out the form, then our specialist will guide you through every further step.
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