USD accounts at banks that actually welcome Americans.
Panamanian banking is one of the few places where the details of being a U.S. citizen don't slow you down. The country runs on the U.S. dollar, the banks are FATCA-compliant, and the onboarding is straightforward once you're introduced.
Why banking here is actually easier.
Panama was an international banking hub before it was a retirement destination. The infrastructure is built around U.S. dollars and cross-border money. Your account here is not exotic — it's adjacent to the U.S. financial system, with better privacy rules.
No currency conversion, no exchange spread, no FX timing games. Your USD sits in USD the whole way through.
Panamanian banks file your required U.S. reporting correctly. Your tax situation stays clean.
Open accounts for yourself and your Panamanian corporation in parallel, using one introduction, one set of documents.
Panama's banking system is stable and well-regulated. Leading banks are capitalized above the regional average.
Three things, in the right order.
Opening an account in Panama is a one-day process if you show up with the right paperwork. If you don't, it can take months of back-and-forth. We prep you before you fly.
Passport, proof of address, two banking references, and a professional reference. We tell you exactly which letters to request and how they should be worded.
Panama requires you to meet the banker in person. Most clients do this on the same trip that files their residency, so it's one plane ticket for both.
Not all Panamanian banks accept Americans readily. We introduce you to ones that do, at the tier appropriate for your profile.
We go with you, literally.
A banking introduction from a local team is the difference between a thirty-minute opening and a month of rescheduled meetings.
Your account is set up at a bank that actually wants your deposit, not one that will process you grudgingly.
Named introduction to a banker who already knows our files. No cold walk-ins.
We go with you. If a signature is needed, a translation is needed, or a problem is needed solved, someone from our team is there.
If you're operating a Panamanian corporation, we wire the personal and corporate accounts together correctly from the start.