English texts

XML B2C & C2B communication messages

Pursuant to Regulation No 260/2012 of the European Parliament and of the Council, which establishes new pan-European payment conditions, all bank-to-customer and customer-to-bank communication messages must be in XML format and be presented in the ISO 20022 standard from 1 February 2014 onwards. The banks will start supporting XML-format communication messages by 1 February 2014 at the latest.

To make the transition as smooth as possible for companies and customers, the regulation allows for exceptions that make it possible for banks to offer their customers account number and message format conversion services until 1 February 2016. The Ministry of Finance, Eesti Pank and the Estonian Banking Association have resolved to inform the European Commission of Estonia’s decision to exercise use of the exceptions, with the exact volumes and terms to be separately agreed and decided on the basis of actual need. The payment environment forum decided on 05.06.2013 meeting to extend the support of legacy formats till 1 February 2015.

The payment standards working group of the Estonian Banking Association has worked out the following bank-to-customer and customer-to-bank communication messages:

Initiation of payment: Payment Standards for Customer to Bank ver 1.1 (Ver 1.0) (Ver 0.9)

XSD schema file

  • Customer Credit Transfer Initiation pain.001.001.03; (customer-to-bank communication messages, which has considered the elements of domestic payment orders, SEPA credit orders and cross-border payment orders)
  • Payment Status Report pain.002.001.03; (bank-to-customer payment status overview form)

Account statement: Account Reporting Standards for Bank to Customer 1.01 (Ver 1.0) (Ver 0.9)

  • Account Statement camt.053.001.02; (overview of the transactions conducted on the account)
  • Account Report camt.052.001.02; (overview of account balance(s))
  • Debit Credit Notification camt.054.001.02.(notice of an account transaction, together with the transaction information)

The messages have been introduced at the Estonian payment environment forum, submitted to market participants for consultation, and were approved by the payment standards working group of the Estonian Banking Association on 31 January 2013.

Reference Number of the Invoice

The standard of reference number

Standard defines:

  • Length of reference number
  • Position of check digit
  • Algorithm for check digit calculation

Reference number is numeric transfer clearance issued by invoicing party witch is corresponding to the present standard.

Requirements of standard

  • The length on reference number is between 2 and 20 characters.
  • The last character of reference number is check digit (the invoicing company is free to generate its reference numbers at 1…19 characters of length, the check digit is calculated using 7-3-1 method.
  • To ensure better readability the characters of reference number may be presented as four-digit groups, groups being separated by one empty character space. The spaces are not used in the electronic form of reference number.
  • Check digit is calculated using 7-3-1 method.


The calculation of check digit using 7-3-1 method:

  1. The digits in the basic reference data  (1…19 numeric characters) to be verified are multiplied by the weights 7, 3, 1, 7, 3,1 … from right to left .
  2. The multiplied sums are added up
  3. The sum is subtracted from then nearest figure ending in zero.
  4. The resulting difference is the check digit, which is entered as the last digit in the reference number.

The implementation of standard
The banks of Estonia are verifying the reference numbers accordance to standard since 01.02.1997, the inadequate reference numbers are not accepted.


Example for the calculation of the check digit

Basic reference data (1) 1 2 1 3 1 2 9 5  
Weights from right to left (2) 3 7 1 3 7 1 3 7  
The products arrived at are added together (3) 3 14 1 9 7 2 27 35 98
The following number ending in zero (4) 100
from which the added sum is subtracted (5) 100-98
Difference (6) 2

In the example, the reference number with its check digit is 121312952 and it is printed from left to right in four-digit groups, the groups being separated by one empty character space. The spaces are not used in the electronic form of reference number.

Current account switching

Customers of Estonian banks can use assisted service for bank account switching from 01.01.2010

The following services will be switched to the new bank upon request of the client:
• the current account together with all the standing orders and direct debits (complete bank account switching) or
• only selected standing order and direct debit agree­ments (partial bank account switching).

Bank account number of customer will change when complete bank account switching option is used.
Bank account switching is not possible in all occasions; the prohibitive circumstances include for example seizure of current account and indebtedness to the bank. Other limitations arising from law or contractual agreement may occur.
Customers are advised to address switching request to the new bank, new bank
will support the consumer in switching and present to the consumer with the relevant
services. All further operations will be carried out by banks on behalf of customers according to the proxy given by the customer.

New bank is acting as a primary information source, information regarding to the switching is also available in following documents:

Estonian current account switching process is in correspondence with common principles of current account switching composed by EBIC (European Banking Sector Committee).

Bank Codes of Estonian Banks



BIC code

Bank code in domestic account number

Bank identifier in IBAN

Coop Pank aktsiaselts EKRDEE22 42 42
Eesti Pank EPBEEE2X 16 16
AS SEB Pank EEUHEE2X 10 10
Swedbank AS HABAEE2X 22, 11 22
DNB Pank RIKOEE22 96 96
Nordea Bank AB Eesti filiaal NDEAEE2X 17 17
AS Citadele banka Eesti filiaal PARXEE22 12 12
Danske Bank A/S Eesti filiaal FOREEE2X 33 33
Svenska Handelsbanken HANDEE22 83 83
Tallinna Äripanga AS TABUEE22 93 00
Pohjola Bank plc Eesti filiaal OKOYEE2X 51 51
AS LHV Pank LHVBEE22 77 77

Payment service providers

AS Eurex Capital   66 66
AS Pocopay AKELEE21  99 99
GFC Good Finance Company AS  GFCBEE22 45 45
Maaelu Edendamise Hoiu-laenuühistu   62 62

 Official list of bank identification codes for IBAN is available at the webpage of Estonia's Financial Supervision Authority

>> Look here for BIC codes of other banks.