Private client

Our aim is to provide our clients with a fast, convenient and flexible service. We serve our clients in Estonian, Russian and English languages.

If you have a passport, ID-card or residence permit issued by the Estonian government, please see account opening instructions.

An e-residence digital identity card is not an identification document, and an e-residency status alone does not provide sufficient grounds for an account opening.

However, an e-residence digital identity card gives you the following benefits when using everyday banking services:

  • Safe and comfortable online banking
  • Once identified, you may alter and sign additional banking agreements digitally without having to visit the branch

All non-resident clients must visit our branch in order to go through the identification process.

If you do not hold an Estonian passport, ID-card or residence permit you will need to provide us with additional documentation that verifies your connection with Estonia.

Additional documentation required might include:

  • Signed accomodation rent agreement
  • Signed employment agreement
  • A certificate from an educational institution, proving your ongoing studies
  • Relation to a business in Estonia
  • Or other documentation, that proves the need for a bank account in Estonia

Steps of account opening

  • An account opening application form
    Fill in an account opening application form.

  • Documents
    Send by e-mail to nonresident@lhv.ee

  • Identification
    If you receive a positive decision for an account opening, then visit our branch in Tallinn or Tartu for the identification process.

  • Sign client agreement
    Once identified, you may sign the agreement digitally.
    You can enter the internet bank using an ID-card or e-residence digital identity card, Mobile-ID, Smart-ID or a PIN-calculator issued by LHV Bank.

In case of additional questions, please contact us via e-mail at nonresident@lhv.ee.

Price list

Account opening

100 € Residents of EU member states (including Norway, Iceland, Liechtenstein and Switzerland)

200 € Residents of other countries

Monthly fee

10 € Residents of EU member states (including Norway, Iceland, Liechtenstein and Switzerland)

20 € Residents of other countries

Bank card monthly fee

1 € (Free of charge for clients under 26 years of age)

European payments within SEPA region

Free of charge

Additional information on the price list and terms and conditions

Business client

Our aim is to provide our clients with a fast, convenient and flexible service. We serve our clients in Estonian, Russian and English languages.

Prior to opening a business account, a proof of clear connection with Estonia is required as well as a need for an account to be established.

If your company is registered in Estonia, though its business activity functions regardless of the registration area, you must provide us with an overview of your business experience and client base. If possible, present us with a business plan.

LHV Bank does not open bank accounts for companies that are registered in an offshore region or for companies whose owners’ structure includes a company registered in an offshore country.

An e-residence digital identity card is not an identification document, and an e-residency status alone does not provide sufficient grounds for an account opening.

However, an e-residence digital identity card gives you the following benefits while when using everyday banking services:

  • Safe and comfortable usage of online banking
  • Once identified, you may alter and sign additional banking agreements digitally without having to visit the branch

All non-resident clients must visit our branch in order to go through the identification process.


Need help with business establishment?
LeapIN offers a full service from company registration to daily accounting.

Steps of account opening

  • An account opening application form
    Fill in an account opening application form.

  • Documents
    If you have a company registered in Estonia, please send the following information to nonresident@lhv.ee:

    • Filled in the additional application form
      Please ensure that it is completed fully and in detail, so that we will be able to process your application sooner
    • Valid passport copies of the board members and beneficial owners of the company (more than 20% ownership)
    • A clear overview of the ownership structure leading to actual beneficiaries. In case of a more complex ownership structure, additional information will be requested
  • Sign the agreement
    If there is a positive decision for opening of a business account, please visit our branch in Tallinn or Tartu to sign the client agreement. It is possible to sign the client agreement digitally, if the company’s representative has been previously identified by us.

In case of additional questions, please
contact us via e-mail at nonresident@lhv.ee.

  • An account opening application form
    Fill in an account opening application form.

  • Documents
    If company is registered abroad, please send the following information to nonresident@lhv.ee:

    • Filled in the additional application form
      Please ensure that it is completed fully and in detail, so that we will be able to process your application sooner
    • Valid passport copies of the board members and beneficial owners of the company (more than 20% ownership)
    • A clear overview of the ownership structure leading to actual beneficiaries. In case of a more complex ownership structure, additional information will be requested
    • Company statutes (notary-approved) in Estonian, Russian or English
    • A list of the signature authorised individuals of the company (notary-approved)
    • Business register extract (notary-approved), not older than 6 months, in Estonian, Russian or English
  • Sign the agreement
    If there is a positive decision for opening of a business account, please visit our branch in Tallinn or Tartu to sign the client agreement. It is possible to sign the client agreement digitally, if the company’s representative has been previously identified by us.

In case of additional questions, please
contact us via e-mail at nonresident@lhv.ee.

Price list

Companies registered in EstoniaCompanies registered
abroad
European Union and Norway (excluding Cyprus, Luxembourg, Malta and the United Kingdom)Companies registered elsewhere in the world
Opening an account200 €200 €500 €
Monthly fee20 €20 €50 €
Bank card monthly fee2 €2 €2 €
Euro payments within the SEPA regionFree of chargeFree of chargeFree of charge

Additional information on the price list and terms and conditions