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Coop Pank opens its cash depositing service in Coop stores

On Tuesday, 21 May, Coop Pank opens the cash depositing service in nearly 140 Coop stores. By mid-summer the bank’s private and business clients will be able to deposit cash on their accounts in more than 300 Coop stores, which means that the number of cash depositing points in Estonia will more than double.

Coop Pank starts offering a rate of interest of 1% on account balance

Coop Pank, a bank based on domestic Estonian capital, started paying interest at the rate of 1% per year on private customers’ account balance, which is the highest among Estonian banks and 100 times higher than the standard interest rate of 0.01%.

Changes in price lists

Change in private client price list as of 1 May 2019

Shareholders of Coop Pank allocated last year’s profit to financing the bank’s growth

On Monday, 29 April, the shareholders of Coop Pank decided to allocate the profit in the amount of 4.75 million euros earned in the previous financial year to financing the bank’s further growth. 

Movement of payments and opening hours of branches during holidays

Payments between banks will not be transferred 1st of May due to the public holiday. Payments within Coop Bank and instant payments system will be transferred as normal.

A new level in importing payments

Importing is a convenient way of directly uploading payments from your accounting programme to our Internet bank.