Being established in 1991 Tallinn Business Bank nowadays is one of the oldest commercial bank in the Republic of Estonia. Its shares are held by legal entities and private persons with the main office in Tallinn. The main emphasis of its activity bank put on the operations with individuals, small and medium business.
Tallinn Business Bank takes up a position in the members’ list of payment system MasterCard International. The variety of services offered by bank contains the majority popular at the present moment financial and banking operations.
OPEN AN ACCOUNT IN TALLINN BUSINESS BANK
- for individuals non-residents of the EU - 100 EUR;
- for legal entities of Estonia, in the structure of which there are non-residents - free of charge;
- for legal entities registered in the EU - free of charge;
- for legal entities registered in other countries (including Cyprus, Malta, Great Britain) - 1200 EUR.Minimum balance – 1200 EUR/year (applies only to companies from non-EU/EEA countries).
Internetbank software. The cost of use is up to 5 euros per month.
- for individuals - 10-20 EUR/month (depending on the country of residence);- for legal entities - 10 - 100 EUR/month (the amount depends on the country of registration of the company).
More detailed information concerning tariffs can be found on the website of the bank.
The preliminary stage includes the process of gathering and filing your documents, which are required for opening an account; preparing and signing bank forms; sending documents with the courier service to the main bank office. Term of the preliminary stage will depends precisely on you.
The procedure of consideration the documents and reaching the decision by bank regarding opening an account varies from 7 to 10 working days starting from delivery of the bank forms and documents to the main office of the bank and identification.
Tallinn Business Bank follows the «know your client» principle and therefore you may be requested to provide any additional information or documents concerning the procedure of opening the account that may take additional time. Bank also may refuse to open the account without any explanations.
Crediting, deposits, funds, safes.
Forms for signing are provided in our office.
Company’s documents – originals of all company’s statutory documents need to be provided. In case that from the date of company incorporation has passed more than one year, the Certificate of Good Standing with apostil is required.
Additionally, it is necessary to provide documents confirming the connection with Estonia (contracts with Estonian contractors, an office lease agreement, documents confirming activities in Estonia, etc.).
Documents for the account holder:- original of national passport;- original of foreign passport (without its presence it will be impossible to open an account).
Documents for the beneficiary:- original of national passport;- original of foreign passport (without its presence it will be impossible to open an account).Also, 2 documents as minimum from the list below are required:- CV;- proof of employment;- if beneficiary holds a resident company, the Certificate of Incorporation and Article of Association of the company are required;- document confirming the educational level;- bank reference and statement from the beneficiary account;- proof of inheritance;- proof of owning real estate.
Documents for the nominal director/shareholder/secretary (while using nominee service):- copy of the passport (in case that nominal director/secretary/shareholder is natural person);- copy of the Certificate of Incorporation affixed with apostille, Memorandum and Article of Association affixed with apostille, protocol of appointing a director with apostille (if the director/shareholder/secretary – a legal entity). In case that from the date of company incorporation has passed more than one year, the Certificate of Good Standing with apostil is required.
Filling out the questionnaire, which we will send to your email address. Preparation of the necessary forms and ensuring the meeting of the attorney / beneficiary with the bank representative in the head office of the bank, for identification. Signing of bank forms is carried out at the Campio Group office.
For further consultation concerning the terms of account opening in Tallinn Business Bank (Estonia) please contact our office. We will respond to any questions you may have and will help you open an account in Estonian Tallinn Business Bank or any other bank out of 70 foreign banks you may choose from.