The application process differs from bank to bank, but it generally involves some form of online registration, submitting your business information, and undergoing certain Anti Money Laundering (AML) and Know Your Customer (KYC) procedures online.

If you're a Companio customer looking to open a digital bank account, we make it incredibly easy for you:

• Set up your account with Wise and enjoy a fee-free transfer up to 10,000 EUR here.
• If you prefer to start with Payoneer, you can do it here.
• Revolut business give you three options, depending on where is your company registered: Ireland, Estonia, or Bulgaria.

🇪🇪 To open an account for your company in Estonia with an online banking solution like Revolut Business, you'll typically need your company's registration details and articles of association. We'll guide you on how to download these in this tutorial. It's important to remember that the required documentation may vary depending on the bank you choose and the nature of your business.

Can I Change My Company Bank Account or Have Multiple Bank Accounts?

Yes and yes. There is no problem in changing banks. Imagine you are in Revolut Business, but you want to open a bank account at Paysera. You have two options:

• You can open a Revolut Business account and use both accounts.
• If you like Revolut Business so much that you think you want to switch completely, you can also close your other corporate account and use only your Revolut Business account from that moment on. Make sure your new account is open and perfectly operational before closing the first one.

If you want to know the 5 best digital banking solutions for your company, you can find them in this article.

Updated on: 24/11/2025