LHV vs Wallester: what each publishes
As of October 17, 2026, LHV takes these industries by its own published rules: iGaming, with conditions; Forex and CFD, with conditions. We hold no such rule from Wallester.
Not a ranking: the two names are in alphabetical order. The free check applies every provider’s rules to your own answers.
Where it takes companies from
LHV
- United Kingdom
- EU / EEA (western & northern, plus Spain, Italy, Portugal)
- EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)
- Switzerland / Liechtenstein
- United Arab Emirates
- United States
- Developed Asia-Pacific
- CIS / Central Asia / Caucasus
- Latin America
- Middle East & North Africa
- Africa
- Jersey, Guernsey, Isle of Man, Gibraltar
- Other offshore centres
- Other
The regions its own documents name, read on October 9, 2026
Wallester
- Austria
- Belgium
- Bulgaria
- Canada
- Croatia
- Cyprus
- Czechia
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Iceland
- Ireland
- Italy
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Norway
- Poland
- Portugal
- Romania
- Singapore
- Slovakia
- Slovenia
- Spain
- Sweden
- United Arab Emirates
- United Kingdom
- United States
Its own list of countries, quoted below with its source and date
Policy by industry
| Industry | LHV | Wallester |
|---|---|---|
| iGaming | With conditions | No published rule |
| Forex and CFD | With conditions | No published rule |
| Crypto | Depends on the activity | No published rule |
| Unlicensed financial services | No | No published rule |
| Adult | No published rule | No published rule |
| AI and SaaS | No published rule | No published rule |
| Marketplace | No published rule | No published rule |
Where owners must live
LHV
No published rule
Wallester
No published rule
Rules about countries
LHV
Your company is registered in an offshore location or its ownership structure includes companies registered in offshore countries … LHV Pank does not open accounts for these companies.
Other offshore centres
Wallester
Wallester Business offers services to businesses within the European Economic Area (EEA) countries, the United Kingdom (UK), the United Arab Emirates (UAE), Singapore, the USA, and Canada.
All countries named (35)
Austria, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Spain, Sweden, United Arab Emirates, United Kingdom, United States
Fees
LHV
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Legal entity registered in Estonia | Free ('free of charge') | Free ('free of charge') | · Source |
| Legal entity registered in Estonia with non-resident owners | EUR 300 account opening application fee, not refunded if the bank declines | EUR 30 | · Source |
| Legal entity registered in an EU member state (except Cyprus, Luxembourg, Malta) or Norway | EUR 300 account opening application fee, not refunded if the bank declines | EUR 30 | · Source |
| Legal entity registered in another country | EUR 600 account opening application fee, not refunded if the bank declines | EUR 60 | · Source |
| Company with a high-risk field of activity | EUR 1,000 ('Account opening application fee') | EUR 100 ('Maintaining the account') | · Source |
Wallester
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Free (300 virtual cards included) | Free ('User account creation' is free on the price list) | EUR 0 ('€0 /month') | · Source |
| Premium (3,000 virtual cards) | Free ('User account creation' is free on the price list) | EUR 199.00 ('€199.00/mo') | · Source |
| Platinum (18,000 virtual cards) | Free ('User account creation' is free on the price list) | EUR 999.00 ('€999.00/mo') | · Source |
| Enterprise Suite | Free ('User account creation' is free on the price list) | No published price ('Custom') | · Source |
Closing an account
LHV
Unless otherwise provided by law or the Agreement, the Party has the right to terminate the Agreement by giving at least two (2) months’ advance notice to the other Party.
Wallester
Either Party has the right to terminate the Agreement for convenience at any moment by providing a 1-month prior notification to the other Party.
Licence
| Licensee | LHV | Wallester |
|---|---|---|
| Licensee | AS LHV Pank · credit institution licensed by Finantsinspektsioon, the Estonian Financial Supervision and Resolution Authority (licence 4.1-1/37) | Wallester AS · payment institution licensed by Finantsinspektsioon, the Estonian Financial Supervision and Resolution Authority (licence 4.1-1/224) |
| Regulator | Finantsinspektsioon (Estonia) · | Finantsinspektsioon (Estonia) · |