Business account in Estonia

Business account in Estonia

Business account in Estonia

Get going with GBP & EUR IBANs, team Visa debit cards, faster local & international payments and friendly customer support.

Signing up is fast and easy

Excellent

4.4 out of 5

based on 252 reviews

Excellent

4.4 out of 5

Excellent

4.4 out of 5

Get started with online business banking: Open Account for easy access to business visa debit cards, multi-currency accounts, payment options and more
Get started with online business banking: Open Account for easy access to business visa debit cards, multi-currency accounts, payment options and more
Get started with online business banking: Open Account for easy access to business visa debit cards, multi-currency accounts, payment options and more

The best alternative. wamo is better, faster, friendlier.

The best alternative. wamo is better, faster, friendlier.

It doesn’t have to take weeks, months and mountains of paperwork to open a business account.

With wamo you can apply in 10 minutes

And have your account ready to use in under 48 hours.

wamo is the perfect digital partner

wamo is the perfect digital partner

Estonian companies prefer wamo, with a reason

Estonian companies prefer wamo, with a reason

Estonian companies prefer wamo, with a reason

Business growth partner for E-resident companies

Business growth partner for E-resident companies

Business growth partner for E-resident companies

Visa business debit cards - virtual and pyhsical

Visa business debit cards - virtual and pyhsical

Visa business debit cards - virtual and pyhsical

E-residency friendly business account

E-residency friendly business account

Effortless onboarding process for Estonia E-residents

Effortless onboarding process for Estonia E-residents

Effortless onboarding process for Estonia E-residents

A process tailored to the fast-paced entrepreneurial world

A process tailored to the fast-paced entrepreneurial world

A process tailored to the fast-paced entrepreneurial world

All the services you need in one place

All the services you need in one place

All the services you need in one place

Welcome to fast, easy payments in Estonia

Welcome to fast, easy payments in Estonia

Do business like a local in Estonia, the EU & the UK

Do business like a local in Estonia, the EU & the UK

Do business like a local in Estonia, the EU & the UK

Fast local and international payments

Fast local and international payments

Fast local and international payments

Best customer service

Best customer service

Best customer service

Streamline invoice payments: save money and time by paying invoices and bills globally and locally. Transfer money with EUR and GBP IBANs.
Streamline invoice payments: save money and time by paying invoices and bills globally and locally. Transfer money with EUR and GBP IBANs.
Streamline invoice payments: save money and time by paying invoices and bills globally and locally. Transfer money with EUR and GBP IBANs.

Your trusted financial partner

With the Trustpilot reviews from users who trust us, our average score is 4.3 out of 5.

  • JS

    November 03, 2023

    Banking on a budget

    What's not to love about Wamo? Their banking fees are so low, it feels like I'm saving money every time I make a transaction. It's like having a financial wizard in your corner.

  • EH

    November 06, 2023

    Warp-speed money moves

    If you're all about speed, Wamo is where it's at. Their money transfer process is like something out of a sci-fi movie. It's fast, it's furious, and it's fantastic!

  • CU

    October 26, 2023

    Easy and straight forward

    Easy and straight forward process to open an account. The Commercial team and the Support team helped a lot. Thank you! We look forward to starting to work with the account.

Your trusted financial partner

With the Trustpilot reviews from users who trust us, our average score is 4.3 out of 5.

  • JS

    November 03, 2023

    Banking on a budget

    What's not to love about Wamo? Their banking fees are so low, it feels like I'm saving money every time I make a transaction. It's like having a financial wizard in your corner.

  • EH

    November 06, 2023

    Warp-speed money moves

    If you're all about speed, Wamo is where it's at. Their money transfer process is like something out of a sci-fi movie. It's fast, it's furious, and it's fantastic!

  • CU

    October 26, 2023

    Easy and straight forward

    Easy and straight forward process to open an account. The Commercial team and the Support team helped a lot. Thank you! We look forward to starting to work with the account.

Your trusted financial partner

With the Trustpilot reviews from users who trust us, our average score is 4.3 out of 5.

  • JS

    November 03, 2023

    Banking on a budget

    What's not to love about Wamo? Their banking fees are so low, it feels like I'm saving money every time I make a transaction. It's like having a financial wizard in your corner.

  • EH

    November 06, 2023

    Warp-speed money moves

    If you're all about speed, Wamo is where it's at. Their money transfer process is like something out of a sci-fi movie. It's fast, it's furious, and it's fantastic!

  • CU

    October 26, 2023

    Easy and straight forward

    Easy and straight forward process to open an account. The Commercial team and the Support team helped a lot. Thank you! We look forward to starting to work with the account.

Kris Jes Petersen

“Great community is a key to successful co-working environment and wamo is all about community”

Partner at Soho Office, Malta

Kris Jes Petersen

“Great community is a key to successful co-working environment and wamo is all about community”

Partner at Soho Office, Malta

Kris Jes Petersen

“Great community is a key to successful co-working environment and wamo is all about community”

Partner at Soho Office, Malta

Vladislav Patserin

"Opening the bank account for a fintech startup in Finland was a real hassle until we contacted Wamo. We started working with clients from the EU and even expanded to the Middle East thanks to the easy process and helpful assistance from Wamo."

CCO, Lintu Investments Oy

Vladislav Patserin

"Opening the bank account for a fintech startup in Finland was a real hassle until we contacted Wamo. We started working with clients from the EU and even expanded to the Middle East thanks to the easy process and helpful assistance from Wamo."

CCO, Lintu Investments Oy

Vladislav Patserin

"Opening the bank account for a fintech startup in Finland was a real hassle until we contacted Wamo. We started working with clients from the EU and even expanded to the Middle East thanks to the easy process and helpful assistance from Wamo."

CCO, Lintu Investments Oy

Notify your recipients

When you send money, they’ll get an email alert.

Notify your recipients

When you send money, they’ll get an email alert.

Notify your recipients

When you send money, they’ll get an email alert.

Multi-currency

Make global payments like a local in EUR and GBP (more currencies coming soon!).

Multi-currency

Make global payments like a local in EUR and GBP (more currencies coming soon!).

Multi-currency

Make global payments like a local in EUR and GBP (more currencies coming soon!).

Safe & secure

Your money is protected by a licensed bank in a safeguarded account.

Safe & secure

Your money is protected by a licensed bank in a safeguarded account.

Safe & secure

Your money is protected by a licensed bank in a safeguarded account.

Realtime alerts

Stay on top of your payments with emails and text notifications.

Realtime alerts

Stay on top of your payments with emails and text notifications.

Realtime alerts

Stay on top of your payments with emails and text notifications.

LATEST UPDATES

Frequently asked

questions

How long does it take to open a business account in Estonia?

With wamo setting up a business account is quick and simple. Registration usually takes 10-15 minutes, our team will then review your application and might request additional information or documentation. It typically takes under 48 hours (if all goes well as low as 15 minutes!) to have your business account ready.

What do I need to open a business account in Estonia?

To open a business bank account in Estonia, banks generally require specific documents. These include proof of identity, proof of address, a business plan and proof of the source of funds. Requirements can vary, so it's important to check with your chosen bank for specifics.

At wamo, we will ask you for: 

  • Your, your directors’ and your shareholders’ proof of ID and proof of addresses

  • Your company name, registration number and business addresses

  • Your company’s website address, or links to other online presence (e.g. social media pages). We're required to ask for this as part of our financial regulations to open an account. If you don't have any online presence, then you can let us know how you market yourselves instead.

  • A bit of information about what your business does. For example: what products or services you buy or sell.

We’ll also ask for these documents:

  • Certificate of incorporation

  • Memorandum and Articles of Association (company registration documents)

  • Registry Extract showing Beneficial Owners

Proof of address (e.g., utility bill, bank statement or rental agreement) - Dated within the last 6 months.

Do I need to be in your office to open a business account?

With wamo, you don’t have to be in our offices or in Estonia to open a business account. Our application process is completely online. If you have any questions about opening an account, feel free to contact us. We're available 6 days a week and typically respond in under 5 minutes. Come to our live support chat on our website, or by emailing support@wamo.io.

What is wamo?

wamo is a payments and financial management platform that works just like a bank. But wamo is not a bank. A fintech service like ours and many others works in partnership with a banking service provider to bring you all the benefits of banking without much of the hassle. wamo provides a business account that is easy to use, designed specifically to meet the needs of small and medium-sized businesses. You’ll get fast local and international payments, virtual debit cards for online spending. The ability to create up to 10 sub-accounts each with the option of either a EUR or GBP IBAN. A choice of subscription plans that you can change as your needs change and real, human customer support from a friendly professional team who are committed to your business success.

How long does it take to open a business account in Estonia?

With wamo setting up a business account is quick and simple. Registration usually takes 10-15 minutes, our team will then review your application and might request additional information or documentation. It typically takes under 48 hours (if all goes well as low as 15 minutes!) to have your business account ready.

What do I need to open a business account in Estonia?

To open a business bank account in Estonia, banks generally require specific documents. These include proof of identity, proof of address, a business plan and proof of the source of funds. Requirements can vary, so it's important to check with your chosen bank for specifics.

At wamo, we will ask you for: 

  • Your, your directors’ and your shareholders’ proof of ID and proof of addresses

  • Your company name, registration number and business addresses

  • Your company’s website address, or links to other online presence (e.g. social media pages). We're required to ask for this as part of our financial regulations to open an account. If you don't have any online presence, then you can let us know how you market yourselves instead.

  • A bit of information about what your business does. For example: what products or services you buy or sell.

We’ll also ask for these documents:

  • Certificate of incorporation

  • Memorandum and Articles of Association (company registration documents)

  • Registry Extract showing Beneficial Owners

Proof of address (e.g., utility bill, bank statement or rental agreement) - Dated within the last 6 months.

Do I need to be in your office to open a business account?

With wamo, you don’t have to be in our offices or in Estonia to open a business account. Our application process is completely online. If you have any questions about opening an account, feel free to contact us. We're available 6 days a week and typically respond in under 5 minutes. Come to our live support chat on our website, or by emailing support@wamo.io.

What is wamo?

wamo is a payments and financial management platform that works just like a bank. But wamo is not a bank. A fintech service like ours and many others works in partnership with a banking service provider to bring you all the benefits of banking without much of the hassle. wamo provides a business account that is easy to use, designed specifically to meet the needs of small and medium-sized businesses. You’ll get fast local and international payments, virtual debit cards for online spending. The ability to create up to 10 sub-accounts each with the option of either a EUR or GBP IBAN. A choice of subscription plans that you can change as your needs change and real, human customer support from a friendly professional team who are committed to your business success.

How long does it take to open a business account in Estonia?

With wamo setting up a business account is quick and simple. Registration usually takes 10-15 minutes, our team will then review your application and might request additional information or documentation. It typically takes under 48 hours (if all goes well as low as 15 minutes!) to have your business account ready.

What do I need to open a business account in Estonia?

To open a business bank account in Estonia, banks generally require specific documents. These include proof of identity, proof of address, a business plan and proof of the source of funds. Requirements can vary, so it's important to check with your chosen bank for specifics.

At wamo, we will ask you for: 

  • Your, your directors’ and your shareholders’ proof of ID and proof of addresses

  • Your company name, registration number and business addresses

  • Your company’s website address, or links to other online presence (e.g. social media pages). We're required to ask for this as part of our financial regulations to open an account. If you don't have any online presence, then you can let us know how you market yourselves instead.

  • A bit of information about what your business does. For example: what products or services you buy or sell.

We’ll also ask for these documents:

  • Certificate of incorporation

  • Memorandum and Articles of Association (company registration documents)

  • Registry Extract showing Beneficial Owners

Proof of address (e.g., utility bill, bank statement or rental agreement) - Dated within the last 6 months.

Do I need to be in your office to open a business account?

With wamo, you don’t have to be in our offices or in Estonia to open a business account. Our application process is completely online. If you have any questions about opening an account, feel free to contact us. We're available 6 days a week and typically respond in under 5 minutes. Come to our live support chat on our website, or by emailing support@wamo.io.

What is wamo?

wamo is a payments and financial management platform that works just like a bank. But wamo is not a bank. A fintech service like ours and many others works in partnership with a banking service provider to bring you all the benefits of banking without much of the hassle. wamo provides a business account that is easy to use, designed specifically to meet the needs of small and medium-sized businesses. You’ll get fast local and international payments, virtual debit cards for online spending. The ability to create up to 10 sub-accounts each with the option of either a EUR or GBP IBAN. A choice of subscription plans that you can change as your needs change and real, human customer support from a friendly professional team who are committed to your business success.

© wamo 2024, all rights reserved wamo & the wamo logo are trademarks and trade names of wamo technology Limited and may not be used or reproduced without consent of the owner

Download wamo App

All Rights Reserved. @ 2024 WAMO

Wamo Solutions Oy is an Electronic Money Institution authorised by the the Finnish Financial Supervisory Authority (registered no. 3368055-9) Registered address is: Lapinlahdenkatu 16, 00180 Helsinki.

The wamo card is issued by wamo Solutions Oy pursuant to a license by Visa Europe. Visa and the Visa brand mark are registered trademarks of Visa Europe.


wamo.io LTD (Firm Reference Number: 922901) is a distributor of Modulr FS Limited, a company registered in England and Wales with company number 09897919, which is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr FS Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS) your funds will be held in one or more segregated accounts and safeguarded in line with the Electronic Money Regulations 2011 – for more information please see this link.


The wamo card is issued by Modulr FS Limited pursuant to a license by Visa Europe. Visa and the Visa brand mark are registered trademarks of Visa Europe.


Wamo Solutions LTD is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act (Wet op het Financieel Toezicht, Wft) – for more information please see link.


The wamo card is issued by Modulr Finance B.V. pursuant to a license by Visa Europe. Visa and the Visa brand mark are registered trademarks of Visa Europe.

© wamo 2024, all rights reserved wamo & the wamo logo are trademarks and trade names of wamo technology Limited and may not be used or reproduced without consent of the owner

Download wamo App

All Rights Reserved. @ 2024 WAMO

Wamo Solutions Oy is an Electronic Money Institution authorised by the the Finnish Financial Supervisory Authority (registered no. 3368055-9) Registered address is: Lapinlahdenkatu 16, 00180 Helsinki.

The wamo card is issued by wamo Solutions Oy pursuant to a license by Visa Europe. Visa and the Visa brand mark are registered trademarks of Visa Europe.


wamo.io LTD (Firm Reference Number: 922901) is a distributor of Modulr FS Limited, a company registered in England and Wales with company number 09897919, which is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr FS Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS) your funds will be held in one or more segregated accounts and safeguarded in line with the Electronic Money Regulations 2011 – for more information please see this link.


The wamo card is issued by Modulr FS Limited pursuant to a license by Visa Europe. Visa and the Visa brand mark are registered trademarks of Visa Europe.


Wamo Solutions LTD is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act (Wet op het Financieel Toezicht, Wft) – for more information please see link.


The wamo card is issued by Modulr Finance B.V. pursuant to a license by Visa Europe. Visa and the Visa brand mark are registered trademarks of Visa Europe.

© wamo 2024, all rights reserved wamo & the wamo logo are trademarks and trade names of wamo technology Limited and may not be used or reproduced without consent of the owner

Download wamo App

All Rights Reserved. @ 2024 WAMO

Wamo Solutions Oy is an Electronic Money Institution authorised by the the Finnish Financial Supervisory Authority (registered no. 3368055-9) Registered address is: Lapinlahdenkatu 16, 00180 Helsinki.

The wamo card is issued by wamo Solutions Oy pursuant to a license by Visa Europe. Visa and the Visa brand mark are registered trademarks of Visa Europe.


wamo.io LTD (Firm Reference Number: 922901) is a distributor of Modulr FS Limited, a company registered in England and Wales with company number 09897919, which is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr FS Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS) your funds will be held in one or more segregated accounts and safeguarded in line with the Electronic Money Regulations 2011 – for more information please see this link.


The wamo card is issued by Modulr FS Limited pursuant to a license by Visa Europe. Visa and the Visa brand mark are registered trademarks of Visa Europe.


Wamo Solutions LTD is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act (Wet op het Financieel Toezicht, Wft) – for more information please see link.


The wamo card is issued by Modulr Finance B.V. pursuant to a license by Visa Europe. Visa and the Visa brand mark are registered trademarks of Visa Europe.