Deputy Chancellor of the Ministry of Justice Heddi Lutterus says that the party Koos can pay the election deposit in cash. This is an exceptional situation. The party must comply with all legal requirements.
The Political Parties Act does not require parties to have a bank account. If the party fulfills the accounting law requirements and maintains financial discipline, this is permitted. Although it is not common, it is not wrong.
Lutterus says that the Riigikogu Election Act aimed to exclude cash deposit payments. The party must submit a copy of the payment order. The party does not need to make a transfer from a bank account.
In the context of candidacy, it is important that the deposit is paid on time. When paying in cash, it must be clarified which banks offer such a service. Using the service may involve fees or restrictions.
Lutterus noted that party accounting without a bank account is exceptional. It does not increase the transparency or reliability of party financing. If the party complies with all legal requirements, cash payment is allowed.
The party Koos is struggling with opening a bank account. Banks refuse to open an account for them. This raises the question of how the party can pay the deposit for candidates. Submitting a full list in the Riigikogu elections costs 118,250 euros.