Quijano & Associates Newsletter

Jan-2006 New BVI Business Company Act.
 
  
 
 

 

Corporate, Banking and Finance: FAQ:

Can you advise me on what investments to make?
No, if you need financial advice, we would recommend that you contact your financial adviser.

Can you assist in opening bank accounts in Panama?
Yes, Quijano & Associates can assist you in opening a corporate bank account in the bank of your choosing. Aside from bank accounts, we can also provide brokerage account introductions in Panama and other jurisdictions.

What do the banks require for opening a bank account?
The requirements to open a bank account vary from bank to bank; however, there is certain documentation which is consistent to most banks, such as the following:

  • Bank account application form.
  • Signature cards completed.
  • Original or certified copies of the corporate documents.
  • Original Bank reference for each signatory to the corporate account and for at least one director.
  • Certificate of Good Standing.
  • Notarized copy of a passport or other photo identification, for all authorized signatories and directors on the bank account.
  • Names of all shareholders and beneficial owners must also be indicated.
  • Verification of Address. 
  • Documents stamped with company seal.

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For General Inquiries please contact the main office. E-Mail: web@quijano.com
Salduba Building, 3rd Floor, 53rd East Street, Urbanización Obarrio.
PO Box 0816-02884 Panama, Republic of Panama.
Tel. (507) 269-2641 Fax. (507) 263-8079
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