I see there were a handful of posts, but they are aging well at 5+ years, so I not only wanted to bring the subject to the forefront, but also hopefully get some more current information.
I head back to PTY next month to pickup my PR and cedula - I'd like to go ahead and get my bank account opened while I am in country.
Any recommendations for expat friendly banks to work with? Any gotchas or tips before walking in and introducing myself 
Thanks!
Banking in Panama as an expat
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Open a Schwab account in the ZU.S. and then use ATMs in Panama, no need for a Panamanian bank. Plus Schwab rebates 100% of your ATM Fees. That is important now because the ATM fees for a foreign card are now $5.25 per $250 withdrawn.
GuestPoster38
06 June 2021 18:18:38
0
Do your own investigation of the bank. Be sure to choose one with a number of branches throughout Panama, to maximize convenience.
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