Panama Offshore Banking

Panama Banking FAQ

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Frequent asked questions of international clients on the procedure of opening a bank account in Panama.

Do I need a lawyer to open a bank account in Panama?
Is it necessary to come personally to Panama to open the account?
How long should I stay in Panama for opening the account?
I cannot travel to Panama right now for opening the bank account; can your firm or the nominee Directors represent us in order to open the account by means of a Power of Attorney?
How long does it take to open the account?
Which are the usual requirements to open a Panama corporate account?
My Panama company is new, what if the corporation does not have own references yet?
Is the information provided to the bank private?
Does your firm provide the service of acting as account signatory?
Have a different question regarding banking in Panama or the Panama bank account opening process?