Thing is, we are from Russia. And LHV requires some "proof of our company connection with Estonia economy, like existing contract or utility bills". What proof can there be if the company is just started and not fully operational without bank account (hence, no contracts) and is not physically present in Estonia (hence, no utility bills)?
It sucks being Russian these days because of our warmongering dictator. :-/
That's what we ended up with. So far the experience itself was good, but unfortunately it does not solve all our banking needs: for example, to receive payouts from Google Play you need your bank to be in the same country that a company is incorporated in. Since TransferWise is in Germany, it just doesn't work for Estonian companies.
We didn't yet publish our software in Apple App Store, but I've heard that it could be a problem there, too.
It sucks being Russian these days because of our warmongering dictator. :-/