Panama Guide: Money

Our money guide provides information on bank accounts, money exchange, credit and debit cards and money transfers. If you need to open a bank account, we will explain how to do it - step by step.

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  An introduction

  Panamanian currency

  When moving to another country, finances are going to be very important. Read this guide to get an overview of the Panamanian financial and banking system.

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  Bank accounts

  How to open a bank account in Panama

  If you live in Panama, opening a bank account is straightforward. Those not living in the country must have a link with Panama in order to open an account, such as a job, property or renting a home.

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  Money in Panama

  Credit cards and currency exchange

  Though Panama is a cash orientated society many expats find a credit card invaluable. This article will give you an overview of banking, ATMs, credit cards and exchange.

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