Best business accounts for LLC and Corporations in Finland
Snapshot
A Finnish limited company, an osakeyhtio or Oy, can open a business account with a traditional bank such as OP, Nordea, Danske Bank, or Aktia, or with a neobank such as Holvi. Wise Business and Revolut Business also onboard registered Finnish companies for multi currency banking. You need a Business ID and identified representatives.
Suits LLC and Corporations best
Depends on needs. Holvi suits a small Oy that wants low cost banking with invoicing, while Wise Business and Revolut Business add multi currency, and OP, Nordea, or Danske Bank suit firms wanting lending and a branch relationship.
Typical monthly fee
EUR 0 to about EUR 35 a month depending on provider and plan, as of 20 May 2026
Non resident position
Possible with full checks. Neobanks usually need an EEA or Finnish registration and a representative who can be identified. Unclear cases, verify with the provider.
Providers that fit
Several. At least four providers accept a registered Oy in Finland.
Fees and features as of 20 May 2026Last reviewed 20 May 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
A Finnish limited company, the osakeyhtio or Oy, needs a business account once it is registered with a Business ID from the Trade Register. Holvi is a Finnish neobank that onboards a small Oy with invoicing and bookkeeping, Wise Business and Revolut Business add multi currency banking, and OP, Nordea, Danske Bank, and Aktia offer full service banking with lending and branches. A foreign owned Oy can open an account but should expect more documentation. Fees and features below are shown as of 20 May 2026, so confirm current terms with the provider.
What LLC and Corporations in Finland need from a business account
A limited company keeps its money separate from its owners by law, so it needs its own account from the start, often before it can pay in share capital and begin trading. The priorities are reliable everyday banking, cards for the team, clean records for accounting and audit, and access to lending or multi currency where the business needs it. Neobanks suit smaller companies that want low cost digital banking, while traditional Finnish banks suit firms wanting credit, a branch, or a long term relationship.
H
Holvi
Finnish neobank that onboards a small Oy, with invoicing and bookkeeping. Limited cash handling.
Compare accounts for LLC and Corporations in Finland
These providers accept LLC and Corporations in Finland. Fees and eligibility shown as of 20 May 2026. Confirm current terms with the provider before applying.
Questions about banking for LLC and Corporations in Finland
How does an Oy open a business account in Finland?
Register the company and obtain a Business ID from the Trade Register, then apply with the company documents and identification for the representatives and beneficial owners. Holvi, Wise Business, and Revolut Business onboard registered companies, and OP, Nordea, Danske Bank, and Aktia offer full service banking. Verify the current requirements with the provider. This is general information, not advice.
Does an Oy need a separate bank account?
Yes. A limited company is a separate legal person, so it keeps its money in its own account rather than in a personal one. This also keeps records clean for accounting and audit. Confirm any specific requirements with a qualified adviser. This is general information, not advice.
Can a foreign owned Oy open an account?
Yes, but expect more documentation and a longer review, since banks verify ownership and the people who control the company. Some neobanks need an EEA address or local registration. Confirm eligibility with the provider before applying.
Which is better for an Oy, a neobank or a traditional bank?
It depends. Neobanks such as Holvi suit smaller companies wanting low cost digital banking, while OP, Nordea, Danske Bank, and Aktia suit firms that want lending, a branch, or a full relationship. Compare the trade offs and verify current terms with each provider.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 20 May 2026. Confirm current terms with the provider before applying.