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RE: Estonia is embracing crypto vs China banning exchanges and ICO's

in #technology7 years ago

i have an e-residency card but have not properly used it yet. i need to get there and setup a bank account and such but i do intend to do business there next year for sure. i started a little e-residency series on youtube. another project i've gotta pick up on! :)

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I think they already offer remote bank account setup. Check out their website.

ok interesting. i know they were changing regulations to allow it but was not sure if they had done it yet.

So I've checked on their status. It is still not approved. Here are three bank statements from May 2017:

LHV Bank: Not supported. No timeline for support.
SEB: Only supported for existing personal account customers. No timeline for support.
Swedbank: Not possible. No indication whether or not they plan to allow it in the future.

yeah seems no change. LHV is the one to go for. just go there, stay a week, check out the place, go to a bank with e-residency card and all the other stuff you need and you should be able to get all the paperwork back to like a forwarding business address, that's what i'm gonna do.