Friday, June 3, 2011

Estonia Rides the Bank Bus

Estonia joined the Bank Bus revolution through Swedbank's portal banks in 2009.  At these "Mobile Branches" customers can obtain a full range of banking services.  According to the Swedbank Website, services include:

  • opening a current account
  • bank transfers
  • cash withdrawal from ATM
  • cash deposit via ATM
  • conversion of foreign currencies held in accounts (not in cash)
  • ordering debit cards
  • signing deposit contracts
  • setting up standing orders
  • signing mobile services contracts
  • ordering e-bills
  • signing Internet and telephone bank contracts
  • applying for and ordering credit cards
  • applying for small loans, study loans and overdrafts
  • signing small loan, study loan, overdraft and suretyship contracts
  • joining the mandatory funded pension system
  • requesting account information – account balance - transaction copies - account statements
  • information about all services of the bank
  • using the Internet bank

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