It takes only 3 steps to have a simply better banking
Apply for a meeting
Meet with us via video chat or in a branch
Sign an agreement and start using our services
Dare to begin
Lack of the start-up capital is the main reason that prevents both, men and women, from starting a business and executing their business ideas. Don't leave your ideas in a drawer, come ask for advice first.
Overcome obstacles
Book a free video consultation with a few clicks. Together, we will review your company's wishes and needs and advise you on your further options.
Move forward with confidence
In addition to consulting, we support you and your company in the following phases. For example, through SEB Growth Program or by offering favorable daily banking solutions and loan terms for your sustainable decisions.
Start for free
For new business customers* we offer:
- free business client plan for three years: free European payments, debit cards and current accounts without a monthly fee and option to join Baltic Gateway operator channel
- for merchants up to five POS terminals free for six months and SEB's e-commerce payment solution without a contract fee
- e-invoice portal for submitting and receiving e-invoices conveniently
- bank is where you are – you can ask all the important questions via video
- advice from experienced professionals to support you in finding the best solutions
Enable your company’s daily banking services for a single monthly fee
Free European payments according to the selected package
Unlimited bank accounts
Free payments to SEB bank accounts
Free use of Mastercard Business Debit Cards
Documents and requirements for opening an account
One of the most important prerequisites for opening the current account with us is that your company has a connection with Estonia. The connection can be following:
- owners of the legal person are residents of Estonia;
- business activity is connected to Estonia (e.g. production units, clients, or contractual partners situated in Estonia);
- investments in Estonia (real estate).
We may ask you for additional documentation, information or explanation where this is required (e.g. account statement, documents proving the origin of the funds, information about the group’s structure, beneficiaries etc.) according to local and international laws and regulations as well as to respect “Know your customer principle” before entering or proceeding with business relations.
If you need to open account before registering company, visit Start-up account page.
We only start client relationships with legal persons who have a connection to Estonia. In case of business clients, the connection can be following:
- owners of the legal person are residents of Estonia;
- business activity is connected to Estonia (e.g. production units, clients, or contractual partners situated in Estonia);
- investments in Estonia (real estate).
If the members of the management board of the company are non-residents, you will be asked to submit documents proving the company’s connection to Estonia. You may submit partnership agreements or rental agreements which prove that the company operates in the given location.
- registration certificate (when legal person is registered during last 6 months) or extract from the register (not older than 6 months);
- articles of association or partnership agreement;
- document about the owners;
- document about the election/appointment of the management body (management board/CEO);
- document proving the right of representation (e.g. authorization document, extract from register about the person with the power of representation, decision of a competent authority, etc.);
- recommendation letter of the home bank (which includes the data of opening the account and assessment of the client relationship);
- if a legal person registered in a member state of the European Union wants to receive an income tax incentive, they must submit a respective document of the tax board of the country of location to the bank.
Offshore companies should also submit:
- Certificate of Good Standing (a certificate proving the payment of the annual fee) (not older than 6 months).
We will review the documents within 10 banking days.
In case of any questions, please contact the non-resident client relations department at nrc@seb.ee.
All documents submitted to SEB must be:
1. original documents or notarized or comparably certified copies, and
2. legalized or certified by a similar certificate (Apostille).
If foundation documents are in a foreign language, the bank shall have the right to demand an Estonian translation thereof that is notarized or translated by a sworn translator. If foundation documents are in English or Russian, no translation is required. An Estonian branch of a foreign company shall submit a copy of the commercial register card. A foreign embassy or representation in Estonia shall submit a certification of the Ministry of Foreign Affairs of the Republic of Estonia confirming that a foreign representation is opened in Estonia. The certification must include the location of the representation (address) and details about the head of the representation.
Other solutions for your everyday business and ways of financing
Service plans
Find the most suitable service plan that represents your needs and saves your business funds - a package costs less than each service separately.
Accepting card payments
Provide your customers possibility to pay by card. Choose card reader terminal which suits your business needs.
Credit card
Increase your possibilities with Mastercard contactless credit card - choose an interest-free credit for up to 45 days.
eAcademy
free online business knowledge platform for your business growth
- Experience video stories
- Practical advice
- Seminars free of charge
Network of growth
A business program for ambitious entrepreneurs to grow their business 10x faster.
- 4 months of workshops and mentoring sessions
- 100 days of growth plan development
- Up to 15 teams participating
- 0 EUR participation fee
*The offer is valid until 31 December 2023. The offer is valid for all new business clients of SEB who open their first account except for non-resident legal persons and providers of financial or other similar services that require an activity licence and persons related to them. The number of free European payments is according to the selected package. Legal persons registered in Estonia, represented by or with owners or beneficiaries being non-resident individuals, are subject to a handling fee of documents submitted for current account opening in accordance with the price list.
