How to open a bank account in Estonia?

The biggest banks in Estonia are:

Swedbank
Turu Str 1, opening hours: Mon-Fri 9-18, Sat 9-14

SEB bank
Ülikooli 2, opening hours: Mon-Fri 9-18

Sampo bank
Ülikooli Str 6a, opening hours: Mon-Fri 9-18, Sat 10-14

Nordea bank
Riia Str 1 (Kaubamaja office), opening hours: Mon-Fri 9-19, Sat 9-16

In order to open a bank account student should have an identification document and a student card to take along when going to the one of the banks listed above.
After opening a bank account, one can use internet banking services (e.g. make payments and transfers via internet, check account balance) and get a debit or bank card (a plastic card that provides an alternative payment method to cash in shops and many other places). There are ATMs in almost every street corner. The card’s monthly maintenance fee depends on bank and owners age (average cost is 1 EUR).