OP vs Holvi: business account prices 2026
Updated
Holvi: lower monthly price than OP (€0.00 (virtual card only; physical card €3.00/month, + VAT) vs. €12.90 (starting price)).
Summary
- Holvi: lower monthly price than OP (€0.00 (virtual card only; physical card €3.00/month, + VAT) vs. €12.90 (starting price)).
- OP: lower extra card cost than Holvi (€0.00 vs. €3.00).
- Note: the OP price (starting price).
- Note: the Holvi price (virtual card only; physical card €3.00/month, + VAT).
Comparison table
| Fact | OP | Holvi |
|---|---|---|
| Type | Bank | Payment institution |
| Company forms | Sole trader, Limited company, Association, Housing company | Sole trader, Limited company, Association |
| Deposit guarantee | Finnish deposit guarantee (Financial Stability Authority), €100,000 per depositor per bank. A sole trader has no deposit guarantee separate from the owner.; the whole banking group counts as one bank for the deposit guarantee | No deposit guarantee: Holvi Payment Services Oy is a payment institution authorised by the Financial Supervisory Authority and does not take deposits. Customer funds are held separately (Nordea, Aktia, OP Uusimaa, Eurosystem central banks and short-term government debt instruments). |
| Opening online | Yes | Yes |
| Time to open | about a week | a few minutes; use begins once identity and the company have been verified |
| A credit check can block opening | not available | not available |
| Opening fee | €0.00 (no opening fee for an application made online; an opening fee may be added to one made at a branch) | €0.00 (no opening fee) |
| Cheapest plan | Yrityksen palvelupaketti (business service package) | Holvi Flex |
| Monthly pricedifference | €12.90 (starting price) | €0.00 (virtual card only; physical card €3.00/month, + VAT) (better value) |
| Included in the plan | Business account and e-invoice address, monthly account statement, OP Business Debit card, monthly fee for receiving e-invoices and OP's digital business services | 1 Finnish IBAN account, virtual debit card (Apple Pay and Google Pay), invoicing tool and 1 user; every SEPA transfer €0.25 |
| Price terms | OP states the price as from €12.90/month (October 2026). Components: business account €2.50, statement €0.90, OP Business Debit €3.50, receiving e-invoices €0.00 and digital business services €6.00/month. Per-transaction charges (invoice payments, e-invoices, Web Services) are charged separately according to the price list. No opening fee for an application made online; an opening fee may be added to one made at a branch. The page does not say whether the price includes value added tax. The service package is offered by the local cooperative bank. | €0/month (October 2026), with monthly pricing only. Outgoing and incoming SEPA transfers €0.25 each. Traditional plastic card €3/month. Transaction and accounting connections €6/month. Pause fee €4.50/month if no SEPA or card payments are made in 30 days (not in the first three months). According to Holvi, VAT is added to the prices. |
| Transfers included in the plan | not available | 0 / month |
| Transfer price after the allowance | not available | €0.25 |
| E-invoice sent | not available | no e-invoices |
| Monthly fee of the e-invoice service | not available | no e-invoices |
| E-invoice received | not available | no e-invoices |
| Extra card cost / month (on top of the headline price)difference | €0.00 (better value) | €3.00 |
| Extra user / month | not available | not available |
| Cash deposit | Automatic deposit with the OP Business Debit card up to €5,000 per time, fee according to the price list (amount not published) | Not mentioned in the price list |
| Currency conversion markup on card payments | not available | 2.50% |
| More about fees | OP's service price list for business customers can only be read when logged in at op.fi (or at a cooperative bank), so transaction prices could not be verified. OP Business Debit is included in the package (€3.50/month share). | The values apply to the Flex package unless otherwise stated; VAT is added to all prices. In Flex the virtual card is included, a traditional card is €3/month. E-invoices are included in the Pro and Business packages up to 500 + 500 per month, above that €0.50 each; Flex and Lite have no e-invoices. The currency conversion markup on card payments in the price table is 2.5% (Flex), 2% (Lite and Pro) and 1% (Business); cash withdrawals 2.5% or 2%. SWIFT payments €1 each, currency exchange 1%. |
| E-invoices (sending and receiving) | Yes | No |
| Accounting integrations | Web Services bank connection and account statement to the bank connection software (priced according to the price list) | Transaction and accounting export to, among others, Netvisor, Procountor, NoCFO, Askelma and Acanta; API connection to Briox, NoCFO and LemonTree |
| Own card terminal | not available | not available |
| Invoicing tool | Yes | Yes |
| Finnish IBAN | Yes | Yes |
| Customer service in Finnish | Yes | Yes |
| More about features | The package includes an e-invoice address. OP says that payments, invoicing and financial monitoring are handled in op.fi and the OP mobile app. Service in Finnish, Swedish or English. | Online shop 2.5% handling fee per sale. Payroll payment with the Palkkaus.fi tool €15/payslip (first 10) and then €10/payslip, VAT 0%. Customer support by phone and message. |
| Business credit card | Yes | Yes |
| Business card annual fee | not available | €0.00 |
| More about the business card | The OP Business Gold, OP Corporate Gold and OP Visa Business Card pages exist, but annual fees are not published for visitors who are not logged in. | Holvi Business Credit €0/month, credit limit up to €50,000; payment at the end of the month 0% or a 12-month payment plan 18% effective annual interest rate (APR). Granted on the basis of credit information. |
Highlighted rows: the figures differ. Information checked: OP 15 October 2026, Holvi 15 October 2026. Check the VAT basis with the provider.
Weaknesses according to the data
OP
- The business price list is visible only to logged-in users, so transaction prices cannot be compared in advance
- According to OP, processing the application takes about a week
- Associations and housing companies cannot open an account online
Holvi
- No deposit guarantee, because Holvi is a payment institution
- VAT is added to all prices and in Flex every SEPA transfer costs €0.25
- Pause fee €4.50/month if the account is not used for 30 days
Frequently asked questions
Which has the lower monthly fee, OP or Holvi?
Holvi is cheaper. Cheapest plan: OP €12.90/month (starting price); Holvi €0.00/month (virtual card only; physical card €3.00/month, + VAT).
Which has the lower currency conversion markup on card payments, OP or Holvi?
Comparable information is not available for both: OP not available; Holvi 2.50%.
Which has a deposit guarantee, OP or Holvi?
OP: Finnish deposit guarantee (Financial Stability Authority), €100,000 per depositor per bank. A sole trader has no deposit guarantee separate from the owner.; the whole banking group counts as one bank for the deposit guarantee. Holvi: No deposit guarantee: Holvi Payment Services Oy is a payment institution authorised by the Financial Supervisory Authority and does not take deposits. Customer funds are held separately (Nordea, Aktia, OP Uusimaa, Eurosystem central banks and short-term government debt instruments).