Quick opening offshore business account, Panama company

[michaeldon]

Looking for a decent bank that won't mind working with a Panama offshore company and which will open the account quickly. No problems providing UBO info. I am all set up in Panama so I don't need to hide anything.

 

[michaeldon]

Actually maybe it's going to be easier with a new company in the jurisdiction of the bank. Whatever works. If anyone knows a member of this forum who has a great track record opening accounts please let me know. My business is just consulting, - I don't need to take payments, so no risk for the bank.

 

[romalo]

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 go.

 

[romalo]

And Bankera, afetr testing about 30 EMI's support it seems there reputation is based on the truth. Excelent ultra fast support with good answers about payment issues etc.|
opening account expensive and slow. €450,- for non-EEA company.
Outging Sepa just 0,04% fee, payoneer 1.5-2% for ALL outgoing transfers. So Payoneer is free but much more expensive per payment.