Eesti Pank (Bank of Estonia) SWIFT/BIC code

SWIFT/BIC code of Eesti Pank (Bank of Estonia)

Whether a recipient gives you EPBEEE2X or EPBEEE2XXXX, you are looking at the identical identifier for Eesti Pank (Bank of Estonia) in Estonia. The code has a single purpose: it makes sure that a cross-border transfer ends up at the right bank. It comes up mainly when dealing with payments that cross a border and payments in foreign currencies.

Below you will find the practical side: receiving money at Eesti Pank (Bank of Estonia), paying someone in another country and how to check a SWIFT code before you hit send. Remember that the SWIFT code just identifies the bank, not the account: the account number or IBAN does that part.

EPBEEE2X or EPBEEE2XXXX – which one to use?

Each SWIFT/BIC code has the same eight core characters: four letters for the bank, two letters for the country and two characters for the location. That gives you EPBEEE2X for Eesti Pank (Bank of Estonia).

Many banks and apps work with both lengths. If a form requires eleven characters, use EPBEEE2XXXX; if it wants eight, use EPBEEE2X.

In practice the code is typed in capitals and without spaces. Pasting the code beats retyping it, because one wrong letter changes the bank.

Sending EUR to Eesti Pank (Bank of Estonia)

The national currency of Estonia is the Euro (EUR). When you pay another currency, the amount has to be converted at some point. There is rarely a separate charge for the conversion; it is built into the rate.

Which bank converts the money matters, because each party uses its own rate. In many cases it is cheaper if you send EUR directly via a transfer service that converts near the mid-market rate, so that the receiving bank does not need to convert again.

Exchange rates move during the day – some services let you fix a rate in advance. If you pay regularly, a slightly better rate make a real difference over a year.

Tracking a transfer to or from Eesti Pank (Bank of Estonia)

An international transfer typically needs anywhere from one to several business days. Payments made late in the day or just before weekends and holidays usually go out the next business day. Sometimes a bank asks what the payment is for.

When a payment takes longer than expected, ask your bank for the tracking status and the transaction reference so they can trace it along the chain. Money transfer services usually provide a status in their app so you can see where the payment is.

The bank that sent the money can start an official trace or a recall. Ask the sender for the payment receipt including the reference.

Paying someone abroad from your Eesti Pank (Bank of Estonia) account

The price of an international transfer has several parts, and the transfer fee is only the most visible one. You pay the fee for the transfer itself, sometimes charges from correspondent banks along the way and, most importantly, the exchange rate markup when the money is converted.

The markup on the rate is often the largest item because it is hidden in the rate. A simple test: set the rate you get against the mid-market rate for the same moment and work out the difference on your amount.

Money transfer services often offer a rate near the mid-market rate. Before your next transfer, it is worth to compare the total cost via GoldexPay. You can always use your account at Eesti Pank (Bank of Estonia) to fund the transfer.

A note on our data

The details here come from public sources. Still, banks merge or retire codes. Figures such as the number of codes are from our directory and are not confirmed by Eesti Pank (Bank of Estonia).

For a payment that matters, always check the code with Eesti Pank (Bank of Estonia) or with the recipient. GoldexPay is not affiliated with Eesti Pank (Bank of Estonia), we only compare transfer services. Spotted an error? Let us know through the contact page.

SEPA payments and the Eesti Pank (Bank of Estonia) BIC

Estonia is a member of the Single Euro Payments Area (SEPA), where euro transfers follow common rules. When you send euros from another SEPA country, the IBAN is usually enough.

The BIC still come into play when the currency is not euros and when the money comes from outside SEPA. A few forms still show a field for the BIC out of habit; in that case, fill in EPBEEE2X.

Euro payments within SEPA usually arrive by the next business day. Provided the payment stays in euros, the transfer tends to be cheap.

Getting paid from abroad into a Eesti Pank (Bank of Estonia) account

If you are waiting for money from abroad, give the sender everything they need in one go. That means: your full name as registered with Eesti Pank (Bank of Estonia), your IBAN or account number, the SWIFT/BIC code EPBEEE2XXXX and usually your address.

Their bank may request the address of your bank. A typo in your account number is more trouble than it looks; copy them from your banking app rather than typing.

Money from abroad does not always land for the full amount. Correspondent banks can take a fee and your own bank may charge for processing, and when currencies differ, an exchange rate margin comes on top. Make clear with the sender who covers the fees, especially for larger amounts.

Which of the 5 codes of Eesti Pank (Bank of Estonia) do you need?

Our database contains 5 SWIFT/BIC codes for Eesti Pank (Bank of Estonia) in 1 places. Besides the head office code EPBEEE2XXXX, there are codes for branches, departments or specific services.

For most incoming transfers, the head office code EPBEEE2XXXX works fine. Branch codes are only needed if the recipient’s bank explicitly asks for it.

When in doubt, check with the recipient for the exact BIC in their bank details. Branch codes are sometimes changed or retired over time, so do not rely on old paperwork.

Scams that use SWIFT codes

Scammers regularly send fake invoices containing changed bank details. A correct SWIFT code tells you nothing about whether the request is genuine.

Verify changed bank details via a separate channel, not by replying to the message. Be suspicious of urgent requests, odd spelling or an email address that differs by one letter. Acted too fast? Call the bank you paid from straight away and have them start a recall and report the fraud.

People receiving money are targeted too: a classic trick is a buyer who pays too much and then sends a request to send back the difference abroad. A payment confirmation from the sender is no proof; only your own account shows what has arrived.

Is EPBEEE2X still correct? How to check

Ask the recipient to send you their account details straight from their online banking. Compare that code with EPBEEE2X on this page and ask if anything does not match.

Errors in the BIC tend to be costly more than fatal – usually the money comes back, minus fees and time lost. Remember the IBAN: a mistake there can be harder to correct than a wrong code.

Most online banking apps check the format of IBANs and sometimes look up the BIC automatically – that confirms the format, not the owner. More and more banks check the name with the account; take any warning seriously. For a first payment, many people start with a small amount first.