Current Account in Panama

Panama recorded a Current Account deficit of 1001.60 PAB Million in the fourth quarter of 2013. Current Account in Panama is reported by the Instituto Nacional de Estadística y Censo - Panamá. Current Account in Panama averaged -508.20 PAB Million from 2003 until 2013, reaching an all-time high of 247.00 PAB Million in the fourth quarter of 2009 and a record low of -1544.00 PAB Million in the third quarter of 2012.

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Day-to-day cash management in different currencies around the world.
As an expatriate you benefit from our preferential fee structure “Expat Investors”:

  • No transfer fees for bank transactions
  • Reimbursement of transfer fees charged by your bank
  • Reduced foreign exchange fees
  • 50 % discount on the annual account management fees
  • 50% discount on the annual fees for an international bank card (Visa, Mastercard)

Minimum requirement
EUR 50,000
Payment methods
International debit and credit card, deferred debit cards available
Multi currency account
26 currencies: euro, US dollar, pound sterling, Swiss franc, Singapore dollar, Hong Kong dollar, etc.
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