Opening a personal account is generally fast and simple. An EU / EEA citizen may well succeed with the minimum documentation of valid ID and proof of address. The documentation required may vary somewhat by bank group and you must, therefore, contact the bank group you have chosen, in order to verify the required measures and documents. Further information on opening a bank account, and other banking services, is available directly from the banks.
A bank account can be opened for a registered company, but in certain contexts, an account is necessary even before the company is entered in the trade register. A company needs the bank account for purposes including payment of share capital, processing payment transactions and in support of accounting.
If the person opening a bank account for a company has the required documents when visiting the bank, the process runs smoothly. When a foreign company opens a bank account, the required documents include a report on the intended bank transactions. Documents required for opening a bank account may vary somewhat by bank group. Further information on opening a bank account, and other banking services, is available directly from the banks
Online banking facilities are widely used and you can use your ATM card for payments pretty much everywhere.
Cheques have not been used in Finland for over 20 years. If you do need to deposit a cheque into your account it can be a lengthy and expensive process and may require an appointment with a bank officer.