Estonia · Fees

Business bank account fees in Estonia

By Fredrik Filipsson, cofounder of Business Bank Index
Reviewed by Morten Andersen · Last reviewed 30 June 2026
Snapshot

Business account costs in Estonia come mainly from monthly plan fees, currency conversion margins and transfer charges. Fintechs publish flat or per use pricing, and accounts are held in euro. Wise Business charges no monthly fee with a one off setup fee, while Revolut Business starts from about EUR 10 a month.

Typical monthly fee
EUR 0 to about EUR 35 a month with fintechs
Currency
Euro (EUR), with multi currency at fintechs
No monthly fee option
Yes, for example Wise Business
Watch
Conversion margins and per transfer fees
Fees and features as of 30 June 2026Last reviewed 30 June 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

As of 30 June 2026, business account fees in Estonia range from no monthly fee accounts to flat monthly plans. Wise Business charges no monthly account fee but a one off setup fee of about EUR 50, with per use pricing on transfers and conversion. Revolut Business starts from about EUR 10 a month on the Basic plan, with higher plans for more allowances. Currency conversion margins and per transfer fees often matter more than the monthly fee for a company that pays or is paid abroad. Confirm current pricing with the provider.

How business account fees work in Estonia

Fees fall into a few groups. A monthly plan fee is the headline cost at providers that charge one, such as Revolut Business from about EUR 10 a month on the Basic plan. Some providers charge no monthly fee, such as Wise Business, which instead applies a one off setup fee of about EUR 50 and per use pricing. On top of the monthly fee sit transaction costs, including charges for international transfers, currency conversion away from the mid market rate, and card use. Because Estonia is in the euro area, accounts are held in euro, but most companies here trade across borders, so conversion and transfer costs are central. Figures as of 30 June 2026. Confirm current pricing with the provider.

Monthly fees and plans

Fintechs either charge no monthly fee with per use pricing, as Wise Business does, or a flat monthly plan with included allowances, as Revolut Business does from about EUR 10 a month. A no monthly fee account can still cost more once heavy transfer and conversion use is counted, so match the model to how you will use the account.

Conversion and transfer costs

Most Estonian companies pay suppliers or receive from customers abroad, so the exchange rate margin and per transfer fee often outweigh the monthly fee. Compare the cost of each transfer and the conversion margin for the currencies you actually use, not just the headline plan price.

What drives the cost

Three things drive what a business account costs in Estonia, as of 30 June 2026. Verify with the provider

  • A monthly plan fee, charged by some providers and skipped by others in favour of per use pricing.
  • Currency conversion, charged as a margin away from the mid market rate when you exchange currencies.
  • Transaction costs, such as international transfers, card use and any setup fee.

How to compare on fees

  1. List the fees that apply to how you will actually use the account, including transfers abroad and currency conversion.
  2. Compare a no monthly fee per use account against a flat monthly plan, since the cheaper option depends on your volumes.
  3. Confirm the current fee schedule with the provider before you apply, as pricing changes.

Compare business accounts available in Estonia

These providers accept business customers in Estonia. Fees and eligibility shown as of 30 June 2026. Confirm current terms with the provider before applying.

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Questions about business account fees in Estonia

How much does a business bank account cost in Estonia?
As of 30 June 2026, costs range from no monthly fee accounts such as Wise Business, which charges a one off setup fee of about EUR 50, to flat plans such as Revolut Business from about EUR 10 a month. Currency conversion and transfers are charged separately. Confirm current pricing with the provider.
Is there a business account with no monthly fee in Estonia?
Yes. Wise Business has no monthly account fee and charges per use, with a one off setup fee of about EUR 50. A flat plan can still work out cheaper at higher volumes once transfer and conversion costs are counted. As of 30 June 2026, verify current terms with the provider.
What currency are Estonian business accounts in?
Estonia uses the euro, so accounts are held in euro. Fintechs such as Wise Business also let you hold and receive several other currencies alongside the euro. As of 30 June 2026, check the currencies you need with the provider.
Are international transfer fees high in Estonia?
Transfer and currency conversion charges vary between providers and can outweigh the monthly fee for a company that trades abroad. Compare the cost per transfer and the exchange rate margin, not just the headline fee. Pricing as of 30 June 2026, so confirm with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 30 June 2026. Confirm current terms with the provider before applying.

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