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.


   
  Authorized Payment Institution Credit Institution Main Office(s) IBAN Receiving bank details Supported currencies
LHV     Estonia Estonian AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, JPY, NOK, PLN, RUB, SEK
Coop     Estonia Estonian EUR, DKK, SEK, NOK
Wise     UK EU(BE), GBP, USD, AUD, NZD, SGD 52+ currencies
Payoneer     US USD, GBP, EUR, CAD, AUD, MXP, JPY 150+ currencies
Paysera     Lithuania Lithuanian 30+ currencies
Stripe     US See website 135+ currencies
Payhawk     UK Estonian EUR, GBP, USD, BGN
Wamo.io       LHV Bank and GB IBAN for GBP and EUR EUR, GBP
Intergiro     Sweden Swedish EUR, USD, GBP, CAD, AUD, CHF, SEK, DKK, NOK, PLN
Juni     Remote Danish, GBP EUR, GBP
ELIGIBILITY          
  Basic criteria Strong connection with Estonia FATF countries accepted Restrictions to applicant Restrictions to business activity
LHV

e-resident

OÜ registered

Business Plan

Yes No People subject to FATCFA reporting requirements According to General Conditions of AS LHV Pank
Coop

e-resident

OÜ registered

Business Plan

Yes No Accepting only EU countries See website here and here 
Wise

OÜ registered

A physical address of the business owner

No Only available for Bahamas, Botswana, Cambodia, Ghana, Iceland, Mongolia, Pakistan, Panama, Trinidad and Tobago and Zimbabwe According to Wise Acceptable Use Policy  According to Wise Acceptable Use Policy 
Payoneer Excisting bank account to verify account No No According to Payoneer Terms and Conditions  According to Payoneer Terms and Conditions 
Paysera

OÜ registered

KYC questionnaire

No No According to Limitations to e-money redemption According to General Payment Service Agreement for Business
Stripe

OÜ registered

See criteria here

No No According to Limitations to e-money redemption According to General Payment Service Agreement for Business
Payhawk Companies registered within EEA No No No restrictions See Payhawk Terms of Use
Wamo.io

e-resident

OÜ registered

No No

FATCA (American citizens)

FATF high-risk countries

According to Wamo Terms and Conditions
Intergiro

OÜ registered

Companies registered within EEA

Proof of address

Yes No Assessed on a case by case basis within Intergiro Business Terms According to Intergiro Business Terms
Juni

OÜ registered

LLC companies registered within EEA

No No According to Juni Terms and conditions

Unregulated financial services

APPLICATION
PROCESS
     
  Online Additional
in-person visit
needed
Processing time
LHV     10-14 business days
Coop     3 business days
Wise     0-2 business days
Payoneer     0-2 business days
Paysera     0-10 business days
Stripe     0 business days
Payhawk     0-2 business days
Wamo.io     0 business days
Intergiro     0-1 business days
Juni     2 business days
SERVICES        
  International Payments SEPA Payments Credit/debit
card/pre-paid
Share capital contribution
LHV   Yes Debit card  
Coop   Yes

Debit card

 
Wise   Yes Debit card  
Payoneer   Yes Prepaid card  
Paysera   Yes Debit card  
Stripe   Yes

Debit card

Credit card

 
Payhawk   Yes Debit card  
Wamo.io   Yes Debit card  
Intergiro   Yes Prepaid card  
Juni   Yes Prepaid card  

 

FEES            
  Account
opening fee
Monthly
subscription
Transactions Currency conversion inside the account ATM withrawal Support for payment gateways and integration with other platforms
LHV 0€ 20€ See website 1% of transaction amount See website  
Coop from 200€ from 20€ Free of charge (corporate plan) Yes Yes  
Wise 0€ 0€ See website See website See website
Payoneer 0€ 0€ See website 0.5% of transaction amount Up to 3.5%  
Paysera 0€ 0€ See website no charge See website
Stripe 0€ 0€ See website See website N/A  
Payhawk 0€ From 90€ See website 0.9% of transaction amount 2€ per withdrawal  
Wamo.io 99.99€ From 19.99€ See website Yes 1.99€ per withdrawal  
Intergiro 0€ 0€ See website See website 1.50 per withdrawal  
Juni 0€ 0€ free of charge

Transactions that match the currency of the card in use are free

Transactions that do not match the currency of the card in use: 0.24-3.69%

Free  

How is your money kept safe?

Payoneer LHV Paysera Wise Coop Wamo.io Payhawk Intergiro Stripe Juni
Payoneer in EU is a licensed e-money issuer and authorized payment institution with the Financial Services Commission of Gibraltar. In the United States, Payoneer is a Registered Money Service Business with U.S. Department of the Treasury FinCEN and licensed money transmitter in 49 U.S. states. In Hong Kong Payoneer is a Licensed Money Service Operator with Hong Kong Customs and Excise Department. In Canada, Payoneer is a Registered Money Service Business with FinTRAC. In Australia, they are licensed by the Australian Securities and Investment Commission. Government-sponsored guarantees or insurance does not apply to funds held in connection with the Payoneer services. However, Payoneer strictly adheres to applicable safeguarding requirements which are designed to ensure the safety and liquidity of funds held on behalf of customers.
 
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