Skip to main content

Payments

You can make payments inside Estonia and abroad via our internet and mobile bank and in our branches.
European payments for the users of Rahn, Rändrahn and Corporate banking plan are free of charge via the electronic channels.

  • An intra-bank payment, as a rule reaches, the payee immediately as both the payer and payee have accounts in Coop Pank. Payments can be made in different currencies.
  • An Estonian payment will reach the payee within 3-5 hours if the transaction is made on a business day before 3.30 p.m. A payment made after 3.30 p.m. will reach the other bank on the next business day. Payments can be made in euros; all payments made in other currencies have to be made as cross-border payments.
  • A European or SEPA payment functions the same way as an Estonian payment. Payments can be made in euros to SEPA countries.
  • A cross-border payment will reach the payee within 5 business days. Payments can be made in different currencies and as urgent or express payments.
  • For more convenient payments, use e-invoice standing orders and standing orders.

    Further information

    Open all

    The e-invoice standing order is a payment service enabling the payer to pay e-invoices issued by the seller under a standing payment order, i.e. based on e-invoices sent to the client the bank effects the necessary transfers automatically using the available funds and within the agreed limits.

    Why use?

    • convenient – e-invoice standing order is effected automatically (no need to remember payment deadlines)
    • simple – all you have to do is make sure that you have the amount required for payment in your account
    • secure – the e-invoice is available in the Internet bank
    • environmentally friendly – trees required for the production of paper invoices are left growing

    Review the conditions of the e-invoice standing order agreement.

    Conclude an agreement via your Internet bank.

    The Standing order is suitable for making regular payments in a defined amount (e.g. your child’s sport club fee or hobby club fee). The standing order enables either a defined amount or the account balance to be transferred from the account automatically.

    Why use?

    • convenient – payment is effected automatically (no need to remember payment deadlines)
    • simple – all you have to do is make sure that you have the required amount in your account

    Review the conditions of the standing order agreement.

    Conclude an agreement via your Internet bank.

    Import
    In the Internet bank payments can be conveniently read from the accounting program in the Internet bank.
    File formats that are compatible: XML (ISO 20022) and Telehansa.
     

    Export
    Payments made through Internet bank can be saved in a statement extract file that can be imported into an accounting program.
    Available file formats are XML (ISO 20022) and Telehansa.

     

     

    Review Coop Pank's price list for private client and for business client.

    Payments are free with banking plans

    Free european payments for the users of Rahn, Rändrahn and Corporate plan.