In Estonia the limited company is the osauhing, or OU, and the public company is the aktsiaselts, or AS. Most OU companies, including those formed by e-Residents, open a business account with an EEA fintech such as Wise Business or Revolut Business, while traditional banks such as LHV serve companies with real Estonian ties.
Company forms
OU is the private limited company, AS is the public company.
Typical monthly fee
EUR 0 to about EUR 35 a month with fintechs, as of 13 June 2026.
Non resident position
Possible with EEA fintechs that onboard remotely. Traditional banks expect Estonian ties.
Providers that fit
3 covered here, more in the market
Fees and features as of 13 June 2026Last reviewed 13 June 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
An Estonian OU or AS can hold its business account at a credit or payment institution anywhere in the EEA, so many companies use a fintech rather than a classic Estonian bank account. Wise Business and Revolut Business onboard remotely and suit foreign owned companies, while Payoneer suits those collecting from platforms. Traditional banks such as LHV, Swedbank and SEB give a full Estonian IBAN but usually want a genuine local connection and an in person visit. Figures shown as of 13 June 2026.
What limited companies in Estonia need from a business account
A registered OU or AS needs an account in the company name, multi user access for directors and an accountant, clear records for the annual report and tax filing, and payment rails that fit its customers and suppliers. Foreign owned companies, common with e-Residency, value remote onboarding and multi currency support. Companies with staff, premises or local customers in Estonia may prefer a traditional bank for a full Estonian IBAN and local payment rails. The practical split is remote fintechs for speed and reach, and Estonian banks for local substance.
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 13 June 2026
Compare accounts for LLC and Corporations in Estonia
These providers accept business customers in Estonia. Fees and eligibility shown as of 13 June 2026. Confirm current terms with the provider before applying.
Questions about banking for LLC and Corporations in Estonia
What account suits an Estonian OU?
An OU can use an EEA fintech such as Wise Business or Revolut Business, which onboard remotely and suit foreign owned companies, or a traditional Estonian bank such as LHV once the company has local ties. As of 13 June 2026, confirm eligibility with the provider. This is general information, not advice.
Does my OU need an Estonian bank account?
Not necessarily. Estonian law lets a company hold its business account at a credit or payment institution anywhere in the EEA, so many OU companies operate on a fintech account. As of 13 June 2026, verify the current rules and your needs with the provider.
Can an e-Resident company open an account remotely?
Often yes with an EEA fintech that verifies identity online, subject to checks. e-Residency lets you form and run the OU online but does not guarantee an account, since each provider decides independently. Traditional banks usually require an in person visit. As of 13 June 2026, confirm with the provider.
What currency are Estonian company 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 13 June 2026, check the currencies you need with the provider.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 13 June 2026. Confirm current terms with the provider before applying.