Banking comparison

For a complete overview of the options for consideration when choosing a banking or fin-tech service for your company, please first visit our e-Residency Banking Basics overview.

The e-Residency programme is committed to helping e-residents access a broad range of business banking and other financial tools. We are constantly gathering feedback from the e-Residency community and working with the private sector to identify the best solutions. Below you'll find a reference guide for the current list of services we've identified and established communication with the service providers in our Marketplace. As always, be sure to visit their individual websites directly for the latest information.

  Holvi Payoneer LHV Paysera
  Visit Holvi Visit Payoneer Visit LHV Visit Paysera
Authorized Payment Institution              
Credit institution        
Main Office(s) Finland

US

Estonia Lithuania
IBAN
Receiving bank details
Finnish

USD, GBP, EUR, CAD, AUD, MXP, JPY

Estonian Lithuanian
Supported currencies

EUR

 

150+

currencies

AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, JPY, NOK, PLN, RUB, SEK

30 + currencies
Availability         
  Holvi Payoneer LHV Paysera
Basic criteria

e-resident

OÜ registered

Existing bank account to verify account

e-resident

OÜ registered

Business Plan

OÜ registered

KYC questionnaire

FATF countries        
Restrictions to applicant

American citizens/people subject to FATCA reporting requirements

According to Payoneer Terms and Conditions

People subject to FATCA reporting requirements

According to Limitations to e-money redemption
Restrictions to business activity

According to

Acceptable Use Policy for restrictions.

According to Payoneer Terms and Conditions According to General Conditions of AS LHV Pank According to General Payment Service Agreement for Business
Personal account with business account          
 Application process        
  Holvi Payoneer LHV Paysera
Online        
Processing time 2-3 days Up to 2 days 10-14 days 5 working hours
Services         
  Holvi Payoneer LHV Paysera
BIC/SWIFT        
SEPA payments

Depending on plan.

Free Free

Yes

International payments        
Multiple user accounts        
Credit/debit card/pre-paid

Business  Debit Mastercard

Prepaid Mastercard Business Debit Mastercard Business Debit VISA
Mobile application        
Share capital contribution   Confirm with your account manager    
 Fees        
  Holvi Payoneer LHV Paysera
Account opening fee Free Free See website Free
Monthly subscription 9 - 98€
Review plans
No monthly fee 20€ No monthly fee
Transactions See website See website See website See website
Currency conversion inside the account N/A 0.5% of transaction amount 1% of transaction amount no charge
ATM withdrawal See website Up to 3.5% See website See website
Support for payment gateways & integration with other platforms        

How is your money kept safe?

HolviPayoneerLHVPaysera
Holvi is regulated and supervised by the Finnish Financial Supervisory Authority (FIN-FSA). They are a subject applicable to Finnish, EU and international anti-money laundering (AML) laws and regulations. Read more. As per the EU Payment Services Directive (2007/64/EC) and the Finnish Payment Institutions Act, Holvi customer funds are kept segregated from Holvi company funds. Deposits are not covered by any guarantee fund or compensation scheme because customer funds are segregated from Holvi funds. Read more.
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