Choosing SEB provides you various benefits
The SEB Salary Payment Service
Payment Service, offered in collaboration between SEB and the Tax and Customs Board (ETCB), offers a process to solopreneurs to streamline the filing of the "Declaration of Income and Social Tax, Unemployment Insurance Premiums, and Contributions to Mandatory Funded Pension" (TSD).
Salary Payment enables the technical solution to retrieve tax data from the Estonian Tax and Customs Board (ETCB) and automatically submit the tax declaration data.
How to activate the service?
To sign Terms and Conditions (T&C) and activate the service, a user type should be set to "Administrator". To start using the Salary payment, you need the Company's reference number, which you can find at the e-MTA.
To use the Salary Payment service, you must authorize SEB in e-MTA to transmit TSD data via X-Road. Instructions for granting the required access rights are available on the MTA website. The required access right code is "APA_PAYMENTS_XROAD".
Who can make Salary Payment?
The representative of the company who has authorised access to the e-MTA and have Accountant's package right. To approve payment in the internet bank a user should have "Make payments" right and full authorisation for signing.
How the Salary Payment works?
Fill out the Salary Payment form and taxes are calculated on the fly
Fill out the form and once you enter the payment information for a payment, we forward it to ETCB to calculate the taxes on the fly and display on the form.
After payment is executed you can check tax payment amount on the Salary Payment dashboard. Until 30 September 2026, the tax payment to ETCB can be initiated automatically. From 1 October 2026, you will need to create the tax payment as a separate payment, as the bank will no longer offer automatic tax payments to MTA. You need to confirm always TSD in e-MTA environment and initiate tax payment as separate payment.
Tax Declaration data submission (TSD) is done by the bank
Tax declaration data moves in machine-to-machine readable way between SEB Bank and the ETCB. The ETCB generates a declaration based on the submitted data and can need to review, change and confirm the declaration report e-MTA environment by the 10th day of the following month when the payment was made.
Similar solution ETCB is offering for ERP-s and more details about data-base TSD submission you can read on ETCB homepage: https://www.emta.ee/en/business-client/taxes-and-payment/income-and-social-taxes/submission-declaration-form-tsd/submission-declaration-form-tsd-will-become-data-based
Price list and documents
| 1. SEB internet bank for private Individuals | |
| sign-up | free of charge |
| 2. SEB internet bank for business | |
| sign-up | free of charge |
| agreement amendment | |
| - by a bank employee (1) | EUR 10 |
| - by an administrator at the internet bank | free of charge |
| monthly fee | free of charge |
| automatic inquiry from commercial register | EUR 2.24 |
| monthly fee for non-resident legal entities registered outside European Economic Area | EUR 10 |
| 3. SEB mobile app | |
| sign-up | free of charge |
| payment | commission fee of the respective payment in an electronic channel |
| 4. Express notification | |
| agreement conclusion, amendment, termination | free of charge |
| notification by SMS message | EUR 0.20 per message |
| notification by e-mail | free of charge |
| 5. Standing payment order | |
| agreement conclusion, amendment at the internet bank | free of charge |
| agreement conclusion, amendment at a bank office | EUR 5 |
| agreement cancellation | free of charge |
| payment | commission fee of the respective payment in an electronic channel |
| 6. Adding predefined payments | free of charge |
| 7. E-invoice with automated standing order | |
| agreement conclusion, amendment, termination | free of charge |
| internal payment | EUR 0.08 |
| European ordinary payment (2) | EUR 0.19 |
| 8. Forwarding of e-invoices (3) | |
| agreement conclusion | EUR 60 |
| agreement amendment | EUR 20 |
| agreement monthly maintenance fee | EUR 7 |
| monthly fee of the agreement, incl. the use of e-invoice forwarding programme | EUR 12 |
| fee for forwarding e-invoices (per every e-invoice sent) | EUR 0.15 |
| template designed at company's request – implementation/ amendment | EUR 200 |
| migration of standing orders | according to the agreement |
| 9. Digital coin jar | |
| agreement conclusion | free of charge |
| monthly maintenance fee | free of charge |
| payment to savings deposit | free of charge |
| 10. Bank link | |
| subscription | min EUR 65 |
| transaction fee | 1% of transaction value, min EUR 0.13, max EUR 3.20 per transaction |
| - for Financial intermediation companies | EUR 1.28 |
| amendment of agreement | EUR 15 |
| authentication (3) | |
| - subscription | EUR 65 |
| - amendment of agreement | EUR 15 |
| - authentication fee | EUR 0.08 per transaction, min. EUR 20 per month |
| 11. Payment card servicing in a company | |
| subscription | free of charge |
| transaction processing fee | as per contract |
| preparation and installation of POS Terminal as agreed with the client | free of charge |
| preparation and installation of the POS Terminal the latest by the next banking day | EUR 75 |
| monthly fee of Terminal | as agreed with the bank |
| 12. Trading Station | |
| subscription | free of charge |
| 13. Additional services | |
| - first issuance of Smart-ID at a bank office | free of charge |
| - subsequent issuance of Smart-ID at a bank office (4) | EUR 9.90 |
| - issuing of PIN calculator | EUR 15 |
| - replacement of PIN calculator | EUR 15 |
| - issuing PIN calculator to remotely identified user of business internet bank (3), (8) | EUR 200 |
| 14. Management of foreign accounts via SEB Estonia's internet bank for business | |
| Baltic Online (foreign accounts in SEB Baltic banks) | |
| - subscription to the service (5) | EUR 15 |
| - only the SEB Latvia or SEB Lithuania account(s) have been included in the client´s internet bank | EUR 10 per month |
| - both, the SEB Latvia and SEB Lithuania accounts have been included in the client´s internet bank | EUR 15 per month |
| - contract amendments | EUR 10 |
| 15. SEB Baltic Gateway | |
| Direct channel | |
| sign-up fee | EUR 50 |
| account statements (except intraday) and/or POS reports | EUR 10 per month |
| account intraday reports (real-time account information) | EUR 25 per month |
| payment initiation and/or e-invoice forwarding | EUR 25 per month |
| account information from other banks | EUR 10 per month |
| e-signing | EUR 0.10 per signature |
| Operator channel | |
| - sign-up fee | free of charge |
| Basic services – account statements and intraday reports, account information from other banks, POS reports and payment initiation, e-invoice forwarding | EUR 5 per month (6) |
| - e-signing | EUR 0.10 per signature |
| Fees for operator | |
| sign-up fee | EUR 50 |
| monthly fee | as agreed with the bank |
| 16. E-invoice portal | |
| E-invoice portal package Basic | |
| sign-up fee | free of charge |
| monthly fee | free of charge |
| sending an e-invoice to e- invoice portal* users public bodies and to SEB internet bank** | up to 5 invoices per month free of charge (7) |
| E-invoice portal package Premium | |
| sign-up fee | free of charge |
| monthly fee (3) | EUR 7 |
| sending an e-invoice to e- invoice portal* users public bodies, to SEB internet bank** and to application of any credit institution within the possibilities of the e-invoice portal (3) | up to 30 invoices free of charge, each subsequent invoice 0.24 euros |
(1) Only those changes to the agreement which are made by an employee of the bank but can be made by a person with administrator rights at the internet bank for business are subject to a fee.
(2) E-invoices with automated standing order are effected only in euros.
(3) VAT as per Value Added Tax Act will be added to the price.
(4) Price includes VAT as per Value Added Tax Act.
(5) Cost per one company and one state to be joined.
(6) The monthly fee will not be applied to clients using business customers´ Standard, Standard+, Premium, Premium+ plans.
(7) After sending five invoices, the opportunity to join the E-invoice portal package Premium.
(8) Fee will be applied in case user is identified remotely and it is not possible to use Estonian ID-card, Mobile-ID or Smart-ID.
* E-invoice portal means the software offered by AS SEB Pank within the meaning of the e-invoice portal agreement and the environment arved.ee provided by UnifiedpostAS.
** Under the E-invoice portal Basic package, e-invoices can be forwarded to SEB internet bank for private Individuals and SEB internet bank for business.
