Opening an account in International United Bank (Panama)

10.07.2018

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Panama is a famous international banking center of Latin America. The country's economy is growing rapidly, and the Government of Panama creates comfortable conditions for doing business. This is what attracts foreign investors seeking to register a company in Panama and open an account with a Panamanian bank.

One of the most popular banking structures of the state is International United Bank. It was found in 1981 and has representative offices throughout the state and outside. If you decide to open a corporate account with International United Bank (Panama), then our experts will advise you on this matter in detail.

Advantages of IUBank:

If you decide to establish a Panamanian company to optimize your business, and if you encounter a reluctance on the part of banks to cooperate, you will receive not only qualified advice on opening accounts in Panama from our employees, but also professional support in opening an account with International United Bank.
Another plus for customers will be the absence of requirements regarding a personal visit. You can open an account for a company with a Panamanian bank remotely.

Preparation of documents

To open an account for a company with IUBank (Panama) you will need to prepare a standard package of documents for the company and your passport.

On average, you can open an account with International United Bank (Panama) in 2 weeks.

Internet Banking

Like all modern banking organizations, IUBank offers its users a secure online banking.

If you want to open an account with IUBank (Panama), you can make any transactions remotely, 24/7.

Tariffs of the bank

The account opening fee and a minimum balance are $10,000.00 (a bank tariff);
If the balance is below, then the required minimum is $100.00 (a monthly fee).

Money transfers:

Up to $ 49,999.99: $ 55.00;
From $ 50,000.00 to $ 99,999.99: $ 65.00;
From $ 100,000.00 to $ 249,999.99: $ 85.00;
From $ 250,000.00 and above: a maximum of 0.063% ($ 500.00).

Bank tariffs are subject to change. Please, specify it with our employees.

How to open an account WITH International United Bank (Panama)?

Call our specialists at the contacts listed on the site. We can provide you with competent advice on how to open an account for a company in Panama as soon as possible. International United Bank is an excellent choice for those customers, who want to receive an active foreign account for the company promptly and efficiently.

If you would like to open a corporate account with IUBank, please find out more by contacting YB Case experts.