Business customers Merchants and service outlets E-invoice submission Introduction

E-invoice submission

E-invoices are electronic invoices created, forwarded and stored in the electronic environment. A standard e-invoice contains all of the mandatory data of an invoice, which means that it complies with all of the requirements of invoices in the Value Added Tax Act and can therefore be used instead of paper invoices. An e-invoice also contains the details of a payment order. This means that payment of the invoice can be made automatic, which makes it very easy for the payer.

  • E-invoices reach payers fast and the risk of invoices getting lost is smaller.
  • The e-invoice standing order service improves payment discipline.
  • Both intrabank and interbank payments can be made on the basis of e-invoices.
  • An e-invoice is also an environmentally friendly service, as a lot of paper remains unused.

Entering an agreement for forwarding e-invoices

Before you enter into an agreement for forwarding e-invoices, you have to decide whether you want to send e-invoices directly to the bank or use an operator. In the latter case you have to enter into the agreement with the operator. The bank forwards invoices that comply with the Estonian e-invoice standard to payers. Invoice recipients can use the e-invoice standing order service if the invoices sent to the bank comply with Version 1.11 of the standard.

The descriptions and examples of the format that complies with the Estonian e-invoice standard are available on the website of the Banking Association at (http://pangaliit.ee/et/arveldused/e-arve).

E-invoice files forwarded to Danske Bank must be validated against the following xsd schema.

Please contact your wealth manager or call the Corporate Client Hotline on 675 2000 to enter into agreements for forwarding e-invoices.