Fintech Bank account for panama company 2021

[paseo]

Hello people!

I own a Panama Company and now need a bank account (Fintech).
I have the following knowledge / experience:
1. Transferwise rejects Panama jurisdiction.
2. With Bankera it is difficult, they want proof of everything.
3. Mistertango rejects Panama.

I would like to ask whether other users have already solved this problem?
I definitely don't want to use a bank like EPB, Caribbean or in baltic countries.
It should be a 100% fintech / emi solution. Thanks in advance!

 

[exprtadvisrdev]

they want proof of everything.

Panama is a well known tax haven jurisdiction. All EMIs will require proof of everything, have you try with banks from there?

 

[Martin Everson]

Your gonna really find it difficult if not impossible to open with a reputable EMI. Avoid the stress and ditch the Panama company.

 

[paseo]

I am very interested in the solution. To close a company is not a solution. Please lets stay constructive. Thank you!

 

[bizniz]

There was constructive advice... to use a Panama bank. Why don't you do that? They are a bit expensive and their tech is not so good, but at the end of the day it works.

It is rather weird to say you want fintech, but not from Baltics. Baltics are the heart of fintech. Transferwise was set up by Estonians. Bankera is from the Baltics. Or are you trying to say you don't want baltic banks but fintechs are ok? Please clarify

 

[paseo]

There was constructive advice... to use a Panama bank. Why don't you do that? They are a bit expensive and their tech is not so good, but at the end of the day it works.

It is rather weird to say you want fintech, but not from Baltics. Baltics are the heart of fintech. Transferwise was set up by Estonians. Bankera is from the Baltics. Or are you trying to say you don't want baltic banks but fintechs are ok? Please clarify

I mean i am not interested in local physical banks in baltics, panama or somewhere.... We leave today in 21st century and it should be possible to open such account without "headfxck" from home It doesnt really matter where the "fintech" bank has their headoffice. Thats the future and we should take some steps to improve everything. Thanks!

 

[EuroKiss]

I mean i am not interested in local physical banks in baltics, panama or somewhere.... We leave today in 21st century and it should be possible to open such account without "headfxck" from home It doesnt really matter where the "fintech" bank has their headoffice. Thats the future and we should take some steps to improve everything. Thanks!

There are more than 120 banks in Panama and are among the most reliable in the world including US, UK and Chinese international banks... and you wanna a shitty Revolut prepaid card just ‘coz is youngster?

 

[nomad999]

Advcash maybe, pretty sure the issue of proof for everything you have with bankera will apply to any EMI really. Fintech rhyme with heavy kyc and proof of funds, literally the only reason for an EMI to have staffs at all.
In that regards a bank account in panama is actually very valuable i believe, they might not be as annoying.

 

[bizniz]

I am also a fan of EMIs etc and normally the problem is convincing clients that EMIs are better than banks. Here we have the opposite.

The smart thing is just to look at which financial institution most suits your needs in terms of costs, services, speed, headaches, currencies etc.

Banks in Panama can be pretty annoying but so can fintechs in the Baltics... just a fact of modern life.

 

[Panama]

I am very interested in the solution. To close a company is not a solution. Please lets stay constructive. Thank you!

Hey, man. I am in the same boat. Have you found the solution?

 

[Panama]

Hello people!

I own a Panama Company and now need a bank account (Fintech).
I have the following knowledge / experience:
1. Transferwise rejects Panama jurisdiction.
2. With Bankera it is difficult, they want proof of everything.
3. Mistertango rejects Panama.

I would like to ask whether other users have already solved this problem?
I definitely don't want to use a bank like EPB, Caribbean or in baltic countries.
It should be a 100% fintech / emi solution. Thanks in advance!

Have you tried Payoneer?

 

[romalo]

Advcash maybe, pretty sure the issue of proof for everything you have with bankera will apply to any EMI really. Fintech rhyme with heavy kyc and proof of funds, literally the only reason for an EMI to have staffs at all.
In that regards a bank account in panama is actually very valuable i believe, they might not be as annoying.

AdvCash no, I tried. after 4 weeks kyc denied because of location.
I now(3 months later) have a AdvCash account for the panama company but because they made an mistake

check my other posts. There are about 4 banks/EMI's who do it.
Now using Payoneer. I even have a personal IBAN!
It was way more easy then opening a bank accounts in Panama. That's slow and dramatic and no IBAN.

Took me about 200 hours research, mostly for kyc.
I hope it helps some people here. Payoneer is the way to g