International Banking in Panama
Legal guidance for international clients, corporations and private interest foundations navigating bank account opening in Panama.
Panama as an international banking platform
Panama has a consolidated international banking center, a dollarized economy, and a strategic position for clients seeking to manage corporate or wealth structures from a recognized jurisdiction in the region.
Opening a bank account may form part of an international strategy, subject to the client’s profile, the documentation submitted, and the bank’s final approval.
Explore the process according to your needs
Banking institutions
We assist clients in identifying suitable banking options based on the profile of the corporation or foundation and the client’s background, and provide introductions to established institutions where appropriate.
Documentation
Review the personal, corporate, and financial documents commonly requested by banks during their compliance process.
Banking FAQ
Find answers about interviews, timelines, approval, privacy, crypto-related businesses, and the role of our firm.
Key Considerations
- Possible structures may include corporate and wealth-management related uses, depending on each bank’s criteria.
- Financial services in U.S. dollars may be available, subject to each bank’s requirements and policies.
- Possible institutional options for corporations, private interest foundations, and related entities can vary by bank and case.
- In some cases, commercial banking, investment accounts, or private banking may be available, depending on the client’s profile and the institution’s policies.
How We Can Assist
- Identification of institutions that may be appropriate for the client’s profile and purpose.
- Guidance on documents commonly requested by banks.
- Assistance obtaining corporate documents for banking purposes.
- Support with forms when directors appointed by the firm are involved.
- Support for documentation where commercial, investment, or private banking options may be relevant under applicable bank rules.
Important Information
Our firm supports the preparation of corporate and supporting documentation for the account-opening process. Requirements, timelines, minimum deposit and final approval depend exclusively on each bank.
Where applicable and within our mandate, we may assist with process-oriented steps for corporations or foundations incorporated through our firm, or for entities where we act as resident agent.
Related banking pages
Contact
Contact us to discuss your legal needs in Panama.
OUR OFFICE
Advanced Tower, 1st Floor
Panama City, Panama.
In the Banking District, next to Hyatt Regency Panama City.
CONTACT US
+507 264.5570 | 264.5931
[email protected]
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