LHV Bank announced on Friday a claim for a large fine against the money laundering data bureau.
The data bureau has unlawfully accessed bank data through the enforcement registry.
Other Estonian banks have not yet decided on filing claims, but they are monitoring the situation.
SEB Bank is analyzing the situation. Peep Jalakas, a member of the SEB management board, says they have not yet decided on using the claim for a fine.
Jalakas says that fines in contracts are there so they should not be used. All parties should fulfill their due diligence obligations.
Arthur Taavet, acting head of Bigbank's Estonian business unit, says they have considered filing a claim.
Taavet says such disorder in the banking sector is unacceptable. They are analyzing the situation and support LHV.
Bigbank does not rule out filing a claim. Taavet says they are monitoring the situation and want to find a solution.
Heikko Mäe, chairman of the board of Coop Bank, says they are waiting for a clear message from the government on resolving the situation.
Mäe says the bank cannot control the legality of enforcement registry queries. If it turns out that the government agency had no right to access, Coop Bank is ready to act.
Olavi Lepp, chairman of the board of Swedbank Estonia, says they are monitoring the situation, but it is too early to make decisions now.