For a complete overview of the options for consideration when choosing a banking or fintech 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 in our Marketplace. As always, be sure to visit their individual websites directly for the latest information.
|Visit Holvi||Visit Payoneer||Visit LHV|
|Authorized Payment Institution|
Receiving bank details
USD, GBP, EUR, CAD, AUD, MXP, JPY
AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, JPY, NOK, PLN, RUB, SEK
|Existing bank account to verify account||
|Restrictions to applicant||
American citizens/people subject to FATCA reporting requirements
According to Payoneer Terms and Conditions
People subject to FATCA reporting requirements
|Restrictions to business activity||
Acceptable Use Policy for restrictions.
|According to Payoneer Terms and Conditions||According to General Conditions of AS LHV Pank|
|Personal account with business account|
|Processing time||2-3 days||Up to 2 days||10-14 days|
Depending on plan.
|Multiple user accounts|
Business Debit Mastercard
|Prepaid Mastercard||Business Debit Mastercard|
|Share capital contribution||Confirm with your account manager|
|Account opening fee||Free||Free||See website|
|Monthly subscription||9 - 98€
|No monthly fee||20€|
|Transactions||See website||See website||See website|
|Currency conversion inside the account||N/A||0.5% of transaction amount||1% of transaction amount|
|ATM withdrawal||See website||Up to 3.5%||See website|
|Support for payment gateways & integration with other platforms|