Opening a bank account is not mandatory. An Estonian company is allowed to have an account in a foreign country. We can help you to evaluate which option(s) is realistic for your company. You can decide to open several accounts, open your account later or not open one at all.
In case you have no direct connection to Estonia (clients or vendors, employees) it is not very probable that local banks will open a bank account for your company. We suggest to choose either a PSP or a bank outside of Estonia.
Often the easiest way is to use your local bank which already knows you. Then the process might be relatively simple, quick and low cost for you.