Requirements for Opening an Account at Banco General for Foreigners
Banco General in Panama offers various account options for foreigners. However, as with any financial institution, there are certain requirements that must be met to open an account. These requirements may vary depending on the type of account you wish to open.
Firstly, foreigners must present a copy of their valid passport. This document must be notarized. Additionally, some types of accounts may require the presentation of a second photo identification document.
Another essential requirement is a personal bank reference. This must be issued by a recognized international bank and must be no older than three months. This document should confirm that the applicant has maintained a satisfactory relationship with the financial institution.
Additionally, a personal or commercial reference that confirms the applicant's good conduct is required. This can be provided by an individual or a company that has an established relationship with the applicant. The reference must include contact information and a brief description of the relationship with the applicant.
Finally, applicants must provide proof of income. This can be a bank statement, a copy of an employment contract, or any other document that demonstrates the financial capacity to maintain the account. It must be recent, meaning no older than three months.
