Conditions

• Depending on the company’s turnover and risk class, the credit limit will be between EUR 300 and 32,000.
• If one credit limit is used by several persons, each is assigned an operating limit between EUR 0 and 20,000. The total sum of operating limits does not have to equal the credit limit, but may also exceed it.
• You can use the interest-free credit for 50 days. The bank does not calculate interest on the credit, used until the payment day of the next month. On the first day of each month, a new credit limit will open to the full extent.

Repayment of credit

• On the first day of each month, a new credit limit will open to the full extent.
• The bank prepares a statement as at the last day of the month for the purchases and cash withdrawals carried out in course of the month and sends the statement to you at the beginning of the next month.
• The payment day for the amounts used in the month is the 20th day of the following month. On the payment day, the limit used with the credit cards in the previous month shall be repaid in full.
• If the funds in the card-related account are not sufficient on the payment day for making the payment, the bank shall start calculating a penalty for late payment on the outstanding amount.

Read more about the credit card conditions

You can apply for a credit card, if your company is registered in the Republic of Estonia, hold a current account with SEB and the company is financially solvent.

1. Order the credit card from Internet Bank for Business or an SEB branch. After submitting the application, a business client executive will contact you within a few days. At a bank office, the card may be ordered by a signatory.

2. Submit an application, a valid copy of the B-card of the Commercial Register, passport of the representative, and if necessary, a notarised power of attorney.

3. The card is issued at the SEB branch based on the card user’s identity document. The card is received within four banking days in Tallinn and ten banking days outside Tallinn.

4. Assign in Internet Bank the monthly and daily limits and transactions, which may be carried out with the card.

5. When ordering the card by post, activate the card after receiving it either in Internet Bank for Business or in Telephone Bank. If you order the card by post, you will be charged a fee in accordance with the price list.

6. The card is valid for three years, whereupon we shall prepare you a new card.

Travel insurance cover
Annual travel insurance provides cover for unexpected illness or if you need to pay for the medical costs incurred due to an accident. Insurance compensates also transportation of the patient into Estonia and emergency costs of people accompanying the patient.

Insurance covers also the cost of delay, curtailment and cancellation of trip, purchased tickets or services along with expenses incurred due to changing tickets or purchasing new tickets. The insurance package also includes baggage insurance, which offers protection for personal essential necessities and clothing, which the insured person had with him when travelling.

Compensation is also provided for expenses on lodging due to curtailment of trip, , which do not exceed the cost of accommodation contained in the tour package. And also inevitable expenses for returning home.

Read more about credit card related travel insurance