Can I open a bank account in Estonia for existing non-resident companies or non-resident individual?
Non-resident companies and non-resident individuals may apply for an Estonian bank account. We emphasize that related to the strengthened client acceptance rules, the bank requires that the applicant must have direct ties with Estonia.
The bank needs to see a clear reason for the applicant to have a bank account in Estonia. The bank may also require additional information and documents. Thus, there is a need to think through the connections with Estonia before the bank visit.
The success of the bank account opening depends on the data and the provided information of the client. We always put forth our best effort and previous experience in order to achieve our clients’ aims, but the final decision is made by the bank and it is dependent on the circumstances which we cannot influence or foresee.