About bastarddual

Panama is known to have one of the strictest bank secrecy laws in the world. Although foreigners can also open a bank account in Panama banks, they often have to provide even more documents than in European or North American banks. Thus, opening a bank account in Panama can be a relatively lengthy process – unless you have a reliable person to put you in touch with the bank’s account manager, opening a bank account can take anywhere from two weeks to two months.

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