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Swedbank (Estonia) AS

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Cost of account opening
от 450 EUR
Open an account

General information

Name
Swedbank (Estonia) AS
Country

Estonia

Official web-site
www.swedbank.ee
Bank history
Swedbank is a modern bank with strong traditions which trace their origin to the history of savings banks in Sweden. The clients are 7.8 million individuals and more than 600 000 enterprises and organizations. Due to the foregoing, it is the largest bank in Sweden by number of clients and it takes the lead on other European markets, such as Estonia, Latvia and Lithuania. As the major bank, it occupies significant positions in the financial system and in the society. It tends to help the clients, shareholders and society as a whole to maintain and preserve strong and stable financial position. It is constantly working to establish close and long-term relationships with the clients. For the above reason, Swedbank has a wide network of branches and a well-developed system of services provided over the phone, through the Internet and mobile phone. Swedbank has reliable balance, capable of withstanding fluctuations in the economy. Risk assessment and risk management are part of its daily work.
Country Rating
5
Founding date
1820

Account Opening Terms

Recommendations
Not required
Description of activity
not required
Account type
Personal, corporate.
Accounts types
Settlement, investment, savings
Required documents
Registration card of the company (you can print it directly in the bank). Extract from the Commercial Register. Document that confirms the identity of the representative (ID-card, passport, driver’s license). If joint representation of the company by the board members is provided, all of the above should be present. In case the account is opened by the representative of the firm who is not the member of the board, power of attorney certified by a notary is required.
Transaction speed
The speed of movement of payments between banks in Estonia has changed. Starting from February 1, 2014, the interbank payments are made through a new pan-European payment system on the same day.
Minimum balance
0
Limit of transfers (per month)
No restrictions
Initial founding fee
200
Account opening nuances
No special
Account opening, possibility
Calculated and perceived

Cost and nuances of account maintenance

Translation cost
See tariffs. Domestic payment - 1,50 €, domestic urgent payment - up to 10 000 € (incl.) -9 €, and more than 10 000 € - 32 €, normal delivery - service fee to transfer half - 6,39 €, expenses covered by the payer 25,56 €
Enrollment fees
200 euros
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