Can I open a bank account in Panama without being a resident?

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Another reason is that Banco General has the flexibility to serve non-residents . This helps foreigners to open an account without having to meet extremely strict or high requirements. If you have just arrived in the country and need to establish yourself financially, this will be a great advantage.

Finally, it has a wide network of kenya phone number library branches and ATMs and good customer service , both in Spanish and English.

Best banks in Panama for foreigners: frequently asked questions
Yes, of course! However, requirements may be stricter and some banks may ask for additional documents, such as an international bank reference or proof of income. Additionally, maintenance fees may be higher for non-resident accounts.

What type of accounts can I open in Panamanian banks as a foreigner?
Banks in Panama offer several types of accounts for foreigners, such as:
Current accounts – for daily transactions and payments.
Savings accounts – for saving money over the long term with or without interest.
Dollar and Balboa accounts – banks allow accounts in both the local currency (balboas) and US dollars (which is widely accepted).
Foreign currency accounts – some banks allow accounts to be opened in other currencies, which is useful for those who make international transactions.