Puerto Rico Bank Account for Panama company?

[ciccino]

Is there any bank in Puerto Rico that will open a bank account for a Panamanian company, no EuroPacificBank, but only one that is part of the US banking system with ABA/Routing Number.

Also is that true that there is no CRS in Puerto Rico?

I'm an Italian citizen resident in Panama

 

[EuroKiss]

Is there any bank in Puerto Rico that will open a bank account for a Panamanian company, no EuroPacificBank, but only one that is part of the US banking system with ABA/Routing Number.

Also is that true that there is no CRS in Puerto Rico?

I'm an Italian citizen resident in Panama

Try Banco Popular, there are the biggest bank in PR. Be careful about Venezuelan branches (PR is full of them), keep in mind PR bank license is the cheapest one (half a million) and lots of banks are merely an office with a couple of business developers, handling the entire backend in Caracas.

 

[ciccino]

Try Banco Popular, there are the biggest bank in PR. Be careful about Venezuelan branches (PR is full of them), keep in mind PR bank license is the cheapest one (half a million) and lots of banks are merely an office with a couple of business developers, handling the entire backend in Caracas.

Is Banco Popular part of the US Banking system? Also, can I open it remotely or I must visit the place in person?
Thank yoy

 

[EuroKiss]

Is Banco Popular part of the US Banking system? Also, can I open it remotely or I must visit the place in person?
Thank yoy

All banks in PR are part of the US system (FDIC). They all need personal visit.

 

[ciccino]

All banks in PR are part of the US system (FDIC). They all need personal visit.

I read a comment that EuroPacific Bank has no Aba / routing number

 

[EuroKiss]

I read a comment that EuroPacific Bank has no Aba / routing number

Dunno, never used EPB, anyway they all should have ACH at least for wire transfer.

 

[Tr0nad0r]

All banks in PR are part of the US system (FDIC). They all need personal visit.

I think this is true for domestic banks but there are international banks based in PR that aren't FDIC insured and some that don't even have ACH.

 

[Martin Everson]

Is there any bank in Puerto Rico that will open a bank account for a Panamanian company, no EuroPacificBank, but only one that is part of the US banking system with ABA/Routing Number.

Try Standard Bank International it has ABA routing but its more for Asian customers. Try also Ital Bank has also ABA routing. Ital is specifically for those in South America. Both are in Puerto Rico.

 

[ciccino]

Try Standard Bank International it has ABA routing but its more for Asian customers. Try also Ital Bank has also ABA routing. Ital is specifically for those in South America. Both are in Puerto Rico.

Thanks for the advice, I appreciated

 

[Piano]

I think this is true for domestic banks but there are international banks based in PR that aren't FDIC insured and some that don't even have ACH.

Such as ?

 

[Tr0nad0r]

Such as ?

Most of the banks in those list:
https://bancosinternacionalespr.com/https://www.abpr.com/Association/Honorary
I know some of them since they're well known in Latinamerica.

Italbank, Facebank, Stern Bank, NodusBank aren't FDIC-insured banks.
Bancolombia Puerto Rico isn't FDIC insured and doesn't have ABA.