Basic concepts
Traditionally, Panama has been considered as a very important and sophisticated International Banking Centre, among the most recognized ones in the World, with a great amount of national and international banks. Its strict regulations, based on treaties and international laws, its dollarization, open flow of capitals and economic stability, speak of its reliability and level of confidence. Besides this reliability, its strict confidentiality makes it one of the most interesting banking centres to open bank accounts.
RIOS, LEON & ASOCIADOS maintains good relationships with several well recognized banking institutions, national as well as international ones, allowing us to provide you with our banking introduction services in order to open bank accounts in Panama.
Requirements
- Two personal reference letters of the account signatories.
- Two banking reference letters of the account signatories.
- Two commercial reference letters of the account signatories.
- Copy of passport and of a second Id of the account signatories.
- Initial cash deposit of US$1,000, when the account opening is approved.
Other services
- Analysis and assistance in banking law and in the several types of banking contracts.
- Analysis and recommendations about banking commissions,
- Judicial or extrajudicial claims against financial entities,
- Representation in negotiations with financial entities.
