How do you get retirement account/ monthly to Panama

I bank with Banco General, and as Kris mentioned, it was kind of a pain setting up that account, and I did it a couple of years ago, so it may be more difficult now.

A friend of mine set up an account with Scotiabank and said it was a breeze. I think they just require that you keep a certain amount in your account at all times. Check out Scotiabank and see what their requirements are. http://www.scotiabank.com/pa/es/0,,3784,00.html

I have a small disability check that I get each month, and I just decided to keep my U.S. bank account open and have it sent there. The problem is, my bank charges hefty fees, and since I no longer live in the States, it's hard for me to open a new account there. So I'm kind of stuck with my old bank, 5/3rd bank, and I pay the $3 at the ATM (charged by the bank here), plus I think 5% international fee, plus $5 withdrawal fee. So I end up paying about $13 for every $100 I take out. That adds up. I know there are better banks out there, so before you leave the States, it might be a good idea to shop around and find the bank with the best international fees. I wish I would've done that.

Chris
www.thestayathomegringo.blogspot.com