Menu
Expat.com

Looking for advice on European banks allowing transaction to Panama

Last activity 17 April 2023 by Peterstone48

Post new topic

Robin S93

Hi,


Very happy to find this forum. Hope all is well with everybody.


I'm struggling to transfer money from Sweden to Panama for property acquisition since the Swedish banks have put Panama on a "graylist". I'm looking for other banks in Europe who are open to work with Panama. Do you have any idea of what banks might be working? Or other ways to go about this issue (which I guess is quite common for many people in Europe?)?


Happy for any kind of thoughts or direction on this =)


Thank you very much!


Regards,

Robin

Guest8732

Hello Robin,

Ever hear of Revolut... It's a bank from Lithuania. Go on Google Download the App and apply for an account. No problem to transfer money abroad.

Peterstone48

I have been using Bank of America for multiple international bank transfers without any problem at all, including Panama. But be very careful, funds origin must be very well supported, in order not to fe frozen due Money laundering suspicions.

Regards

p. Ruiz A.

Articles to help you in your expat project in Panama

  • Opening a bank account in Panama
    Opening a bank account in Panama

    Opening a bank account is natural part of the process of living in a new country. It provides convenience, ...

  • Customs in Panama
    Customs in Panama

    It is advisable to seek customs information through the official channels before travelling to Panama. Because ...

  • Childcare in Panama
    Childcare in Panama

    Education in Panama is compulsory for children from 6 years. In general, children attend pre-primary school as ...

  • Sports in Panama
    Sports in Panama

    A country as conducive to the outdoor life as Panama almost inevitably develops sport-lovers. In this case the ...

  • Communicating in the local language
    Communicating in the local language

    As a Panamanian who was fortunate enough to learn English and have some exposure to other different cultures ...

  • Visas for Panama
    Visas for Panama

    There are different types of residency visas in Panama, including those for retirees and others for people wishing ...

  • Transport in Panama
    Transport in Panama

    There are different means of transport in Panama: planes, trains, subway, bus, taxi, etc. You can choose among ...

  • Professional visas in Panama
    Professional visas in Panama

    To work in Panama you need an appropriate visa, and although the government protects the interests of its own ...

All of Panama's guide articles