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e-residency

Estonian IBAN is not required.

I am not sure when Google removed this requirement, but nowadays it is not longer mandatory to use an Estonian IBAN to receive payments from Google. Now you can choose an IBAN from a lot of countries: You can use a bank account from any country in Single Euro Payments Area (SEPA). https://en.wikipedia.org/wiki/Single_Euro_Payments_Area When I […]

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e-residency

Recapping

Two years ago I picked-up my e-Residency kit in Paris. It was a stressful weekend but at the end everything went fine. Two years later it’s time to recap and I want to start with a list of my partners. Usually I spent some time choosing them, because of that all of them are still […]

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e-residency

One more Estonian IBAN

Things are changing for the better. We have a new option for having an Estonian IBAN: Airwallex. Established in Melbourne in 2015, Airwallex is a payments platform transforming the way businesses move and manage money globally. I saw in the Facebook Group of e-Residency that a new option was available. Before writing this post I […]

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e-residency

Estonian IBAN (October 2021)

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 […]

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e-residency

Applying for a LHV bank account

If you have read my post about Estonian IBAN you know that for a lot of companies there few options for having this IBAN. In my opinion the best one is an LHV account. LHV is a traditional bank from Estonia. But before to apply, read this information about them in the e-Residency Marketplace: https://marketplace.e-resident.gov.ee/company/lhv […]

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e-residency

Share capital

What is it? According to Collins Dictionary: A company’s share capital is the money that shareholders invest in order to start or expand the business. https://www.collinsdictionary.com/dictionary/english/share-capital Moreover the Share capital is a proof that you own the company and how many of it you own when there are more than one shareholder. Social capital is […]

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e-residency

Opening the (first) bank account

Marketplace To manage a company you need a bank account, so I went, one more time, to e-Residence Marketplace to search a bank account. https://marketplace.e-resident.gov.ee/ You must know that there are only a few number of options when searching a business bank and some of them are not ‘true’ banks, they are fintechs. The reason […]