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Lalaguayaba · 08-20-2007

Why would you have references inside the country if you are just moving there? Its a little hard to live in a country w/o a local account (although many do)--which you cannot obtain w/o references. The bank will check your references, so it doesn't matter if they are all from 'random people outside the country.' That is the entire purpose behind a background check--to verify your identity, and check your references. Considering that a basic American background check is available online for $20, I don't think that talking to a few ppl out of the country is a problem for international banks, which is what Panama has in spades.
As far as local references go, who would you ask to vet you? How many people do you actually know and trust enough to speak to a bank on your behalf in Panama?

Cheers.

08-20-2007	#5 (permalink)
Lalaguayaba Senior Member Join Date: Jul 2007 Location: Washington, D.C., California, Colorado and Panama Posts: 387 Rep Power: 2	Why would you have references inside the country if you are just moving there? Its a little hard to live in a country w/o a local account (although many do)--which you cannot obtain w/o references. The bank will check your references, so it doesn't matter if they are all from 'random people outside the country.' That is the entire purpose behind a background check--to verify your identity, and check your references. Considering that a basic American background check is available online for $20, I don't think that talking to a few ppl out of the country is a problem for international banks, which is what Panama has in spades. As far as local references go, who would you ask to vet you? How many people do you actually know and trust enough to speak to a bank on your behalf in Panama? Cheers.