What criteria are considered for e-residents looking to open a bank account with an Estonian bank?

Estonian banks typically consider two key criteria:

1. "Connection to Estonia": This should be explained in your company plans or demonstrated through existing activity, including employees, partnerships, and serving the Estonian market.
2. Single shareholder with easily traceable income: This often applies to freelancers, consultants, solo entrepreneurs, and digital entrepreneurs. Banks find it easier to assess risks and understand their choice of an Estonian bank account.