Estonian importers and exporters pay overseas suppliers and receive from foreign buyers, so they need to hold several currencies and move money across borders at a low cost. Wise Business suits multi currency payments, Payoneer suits receiving from buyers and platforms, and Revolut Business adds cards and currency exchange tools.
Suits trade best
Depends on the currencies you pay and receive.
Typical monthly fee
EUR 0 to about EUR 35 a month with fintechs, plus per transaction and conversion fees, as of 9 January 2026.
Non resident position
Possible with EEA fintechs that onboard remotely. Verify with the provider.
Providers that fit
3 covered here, more in the market
Fees and features as of 9 January 2026Last reviewed 9 January 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
An Estonian trading company usually pays suppliers in currencies such as US dollars, euro or pounds and is paid by buyers abroad. Wise Business is strong for holding many currencies and paying at the mid market rate. Payoneer is strong for receiving from buyers and platforms with local details. Revolut Business adds cards, currency exchange and expense tools. Many traders use more than one. Compare conversion margins and per transfer costs, not just the monthly fee. Figures shown as of 9 January 2026.
What importers and exporters in Estonia need from a business account
Trading businesses pay suppliers and freight in foreign currencies and collect from buyers abroad, so the features that matter are the ability to hold several currencies, local receiving details, a tight exchange rate margin, and fast cross border transfers. Clean export to accounting and clear records for customs and VAT also help. A euro only account is rarely enough, so multi currency support is the priority. Letters of credit and trade finance sit with traditional banks rather than fintechs, so a company that needs them may add an Estonian bank later.
W
Wise Business
Hold and receive many currencies and pay suppliers at the mid market rate, with no monthly fee. Verify current fees with Wise.
Best for
Multi currency holding and payments
Monthly fee
No monthly fee, one off setup fee, per use pricing, as of 9 January 2026
Compare accounts for Importers and Exporters in Estonia
These providers accept business customers in Estonia. Fees and eligibility shown as of 9 January 2026. Confirm current terms with the provider before applying.
Questions about banking for Importers and Exporters in Estonia
What account suits an Estonian importer or exporter?
Wise Business suits holding several currencies and paying suppliers at the mid market rate, Payoneer suits receiving from buyers and platforms, and Revolut Business adds cards and currency exchange. Many traders combine them. As of 9 January 2026, confirm features with the provider. This is general information, not advice.
Can a non resident open an Estonian trade account?
Often yes through an EEA fintech that onboards remotely, subject to checks. e-Residency lets you run the OU online but does not guarantee an account. Traditional Estonian banks usually want local ties and an in person visit. As of 9 January 2026, verify with the provider.
Can I hold US dollars and other currencies?
Yes. Wise Business and Payoneer let you hold and receive several currencies alongside the euro, which helps when you pay suppliers and are paid by buyers abroad. As of 9 January 2026, check the exact currencies you need with the provider.
Do fintechs offer letters of credit or trade finance?
Generally no. Fintechs such as Wise Business and Revolut Business are payment institutions that handle accounts and transfers, not trade finance. For letters of credit or import finance you usually need a traditional bank. As of 9 January 2026, confirm with the provider.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 9 January 2026. Confirm current terms with the provider before applying.