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Open a bank account in Panama

Account opening and banking strategy

Open a bank account in Panama

Leverage Panama’s dollarized economy and robust banking regulations in an environment fully oriented towards international businesses and clients.

Account opening and banking strategy

Benefits of a Panamanian account

Savings accounts, investment accounts, credit and debit cards, online banking, and many other banking services within a solid legal framework.

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Overview

Why bank in Panama?

Discover what drives international businesses and investors to bank in the country of the Canal.

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Dollarized economy

Panama has maintained the US dollar as legal tender for over 100 years, keeping businesses safe from inflation issues and volatility, facilitating international transactions, and reducing currency exchange charges.

Friendly to international clients

Account holders can manage their accounts easily from abroad thanks to the banks’ outstanding customer service and advanced online banking platforms.

Ample variety of services

Ample variety of services from personal and corporate accounts to current accounts, private banking, and international debit and credit cards.

Fully white listed

Subject to the CRS, FATCA, and other such regulations, Panama is committed to international transparency standards and is considered a reputable jurisdiction.

Who can benefit from a bank account in Panama

  • Individuals who need to conduct daily operations like paying for rent or services
  • Companies that want to send and receive international payments
  • Private clients who want to invest in different vehicles
  • Residents who want an account to handle their personal transactions
  • Investors who want to buy real estate or invest in other vehicles
  • Online stores or remote service providers that need e-commerce integration

Advisory architecture

A carefully designed route before implementation

A good plan is not a stack of isolated services, but a combination of complementary tools that align towards a common objective.

01Establish your objectives

Talk to your Mundo expert to share your objectives and the details of your particular case.

02Choose the right tools

Choose the best tools that can lead you to your goal efficiently and safely.

03Implementation

Set up each structure by starting processes, gathering documents, or submitting applications.

04Assessment and redirection

Once the first milestone is completed, assess the results and analyze whether changes are needed.

Private intake

Reach out to us

Talk to us and share your ideas, objectives, and needs. Your Mundo expert will help you identify the right path or implement the one you have designed.

Current intelligence

Briefings and selected next steps

Explore current Panama-focused sessions and private next steps that can help you compare legal, residency, corporate, and investment routes.

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