Open a private bank account in Panama
We can assist for the opening of a bank account with the bank of your choice or alternatively supply you with a choice of banks which we engage business through and which we have excellent business relationships with. On receipt of your instructions we will contact the bank to ascertain their requirements and forward all documentation to you for signature. We can also arrange all company documentation required by the Bank to accompany your application.
Will I be permitted to open a personal bank account during my stay there?
Yes, you will be able to open a new account here. The requirements are not so stringent too. Some banks might require you to provide (2) bank reference letters from reputable banks operating in your country, and the letters should be less than 30 days old. There are other options too; some banks here will create an account for you upon citing your passport, second ID, letter of reference endorsed by your attorney and a proof of domicile in your country.