View Single Post
Old 10-09-2007   #11 (permalink)
PanamaPat
Member
 
PanamaPat's Avatar
 
Join Date: Aug 2007
Posts: 47
Rep Power: 0 PanamaPat is on a distinguished road
Quote:
Which bank could you guys recomend in Panama city to open an account in?
It depends on where you're from and what you want to do. The Americans among us have it a bit more difficult due to the USA's close relationship with Panama. Some banks will ask all Americans to sign a form allowing the bank to report your banking information to the IRS. You might have signed such a form without having even read it. Other banks will get a "second opinion" from the CIA when you try to open an account. Some banks have full online banking while others only have partial online banking (can't send wire transfers etc). Choosing a bank in Panama is very difficult and I'd recommend that you open an account with several banks, that you read all application forms very carefully, and that you stay with the bank that gives you the best service during the first year.
PanamaPat is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in Technorati
Reply With Quote