Bank in Panama for BVI company

[Offshr]

Hello everyone,
I am planning to set up a BVI structure with the USD bank account in Panama.

Does anyone can advise good banks there?
What requirements in Panama they have to open an offshore account?

Thanks in advance

 

[MagicMatt]

MMG Bank in Panama.

 

[Ann1892]

Hi can you please help with‌ a point of contact at MMG Bank in Panama? They are not replying with one‍ mentioned on their website.

 

[SCHLOSSFINANZ]

they are only taking clients by referal. Speak to the law firm Morgan & Morgan‌ to get intro

 

[Ann1892]

Thank you.

 

[Davis123]

What's the balance requirements for this bank? I am trying to‍ open up an LLC to open up a bank account with it and trade forex⁠ in my personal broker with this LLC and bank account. No one is interested except⁤ bank in Dominica or possibly carribean. Not worthwhile for me.

 

[Davis123]

But the reputable banks and jurisdictions don't want to do anything⁠ with forex since they consider it as gambling. I have no problems with initial deposits⁤ in the bank if the bank is reputable. As per my CPA we can do⁣ an IBC too.

 

[DomOCT]

LLCs in which jurisdictions?‍

 

[Protect Your Wealth]

I am referring to US LLCs‌ specifically

 

[DomOCT]

Thanks for the reply. Makes sense.

 

[Davis123]

For me US LLC is unacceptable. My brokers don't want anything to do with US LLC‌ and bank accounts in USA owned by a US citizen overseas.

 

[Offshr]

Can anyone reccommend a good broker for BVI or Panama company?