08.08.2013 Views

Visiting Researcher's Guide - EURAXESS Estonia

Visiting Researcher's Guide - EURAXESS Estonia

Visiting Researcher's Guide - EURAXESS Estonia

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

8.4 Banking<br />

EVERYDAY NECESSITIES<br />

Banking in <strong>Estonia</strong> is well developed, and financial<br />

matters are quite straightforward and convenient.<br />

Opening a bank account is very simple – you can do<br />

so at the nearest bank office; all you need for this is<br />

an ID card or passport.<br />

The <strong>Estonia</strong>n currency is the <strong>Estonia</strong>n kroon (EEk),<br />

1 kroon = 100 sents. The <strong>Estonia</strong>n kroon has a fixed<br />

rate to the Euro, i.e. 1 € =15.6466 EEk. The exchange<br />

rate for other currencies is calculated daily on the basis<br />

of the exchange rates set by the Bank of <strong>Estonia</strong>.<br />

In addition to cash, debit and credit cards are also<br />

accepted in most shops, restaurants and companies.<br />

salary payments are usually made to a person’s bank<br />

account. The ATMs of the larger banks can be found<br />

in branch offices, petrol stations, larger supermarkets<br />

and other frequently visited places. VIsA and<br />

MasterCard are widely accepted. Internet banking<br />

is very common, while cheques are seldom used in<br />

<strong>Estonia</strong>.<br />

Bank of <strong>Estonia</strong> (exchange rates, banknotes and coins, and more)<br />

http://www.bankofestonia.info/<br />

Hansabank http://www.hansa.ee/eng/<br />

SEB Eesti Ühispank http://www.seb.ee/eng/<br />

Sampo Bank http://www.sampo.ee/eng/<br />

Nordea Bank http://www.nordea.ee/<br />

VAl RAJAsAAR<br />

71

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!