Recent content by Pedrod2

@Admin I'm using Banistmo, for both private and corp banking. And you can't wire to them directly, they have a PDF that explains to which intermediary bank you need to wire the money first, and then that intermediary bank sends the money to Banistmo, so including the sender's bank that's 3...

For the USD bank account, I have one in Panama, however looks like national banks need intermediary banks to receive money internationally. In other words, it looks like this: Client sending a USD payment through his bank -> Intermediary Bank -> Panama Bank Apparently it's quite costly, on a...

@JustAnotherNomad That's a good question. According to my lawyer, what's important is the original source of the funds. Since the clients are outside Panama, even if I pay myself with the Panamean company, it's considered as income from abroad and not taxed. I'm curious which other countries...

Hi everyone, Unfortunately Transferwise don't accept new company applications from Panama companies anymore. Anyone knows an alternative? Ideally, here's what I'd need: - Bank account details in EUR - Bank account details in USD - Debit card Thanks in advance! Basically, I'm interested in...