How to open a bank account in Estonia?
The biggest banks in Estonia are:
Turu 1, opening hours: Mon-Fri 9-18
Ülikooli 2, opening hours: Mon-Fri 9-18
Kaluri 2, opening hours: Mon-Fri 9-18, Sat 10-14
In order to open a bank account student should have an identification document and proof of studies to take along when going to the one of the banks listed above.
When opening an account, pay attention to the service fees and charges. Information about prices can be found at the webpages of each bank or from the bank offices.
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).