The number of banks and fintechs that can offer us an Estonian IBAN has changed a lot since I wrote the first post about this topic. Fortunately, now there are more options.
Read the last post on e-Residency blog about business banking:
https://e-resident.gov.ee/blog/posts/new-business-banking-options-in-the-e-residency-marketplace
This is a comparison based on e-Residency Marketplace and their websites:
| Bank/Fintech name |  |  |  |  |
| Estonian IBAN | Yes | Yes | Yes | Yes |
| Account opening fee | 200,00-500,00€ | 200,00€ | Free? | 99,99€ |
| Minimum Monthly fee | 20,00€ | 20,00€ | 149,00€ | 19,99€ |
| Card Monthly fee | Free | 2,00€ | 9,00€ | 9,99€ |
| Share capital | Yes | Yes | ? | ? |
| Strong connection to Estonia | Yes | Yes | No | No |
| Must travel to Estonia | Yes | Yes | No | No |
| Pricing | link | link | link | link |
| Website | www.cooppank.ee | www.lhv.ee/en | payhawk.com | wamo.io/en |
Please, check prices on their websites before to apply for an account, they may change.
If you want more information you can visit the e-Residency Marketplace:
One reply on “Estonian IBAN (October 2021)”
A new option was added, read this post:
https://glops.ee/wps/erjourney/?p=396