* Banco Nacional de Panama– Downtown Puerto Armuelles (Barrio Nacional). ATM, banking, exchange services.www.banconal.com.pa 507-770-7420
* Caja de Ahorros– Barrio Nacional. ATM and banking services http://www.cajadeahorros.com.pa 507-770-7374
* Cooperativa de Ahorro y Credito- Barrio Nacional. ATM, Credit Union jsanjur@ cacsa.com.pa 507-770-9511
* Cooperativa Escaseso, R L – Downtown Puerto Armuelles 507-770-0569
* Financiera Panama – Las Palmas. Loan Company. 507-770-8799
* Radio Taxi Cooperativa José María Torrijos– Barrio Rio Mar. Cooperative/Credit Union 507-770-7914
*Western Union locations: Romero’s Grocery Store, Barrio Monteverde 507-770-8031
Farmacia Herrera, Barrio Nacional 507-269-1055
It appears that Banco Nacional is the only bank in town. Are they the only ATM also? How difficult is opening an account with them?
There are at least a dozen ATM’s located in Puerto Armuelles. As far as opening a bank account at Banco Nacional, I think they would be difficult or impossible if you are a tourist. Only a few banks in Panama, Banistmo & Scotia are 2 I am sure of, will open an account for a tourist. Once you get Permanent Residency and a Cedula in Panama, you can open a bank anywhere by following their minimum requirements.
I would like to be able to access my money from a bank account in the states without paying a fee. Is this possible now?
Would opening a bank account in Puerto solve this problem? What is the time to clear deposits of US checks to a Panamanian bank?
I am searching for a way to get to my money without fees.
I don’t know of a way to bring funds to Panama without incurring a fee. The only way may be to bring under $10,000 cash every time you come here. 😉
You can bring in over 10,000 dollars as long as you claim it to the US and Panama.There is no charge but they will ask you in the customs office why you have that amount of money.
Is there a Banco General in town?
Thanks, Len
No, there is not a Banco General in Puerto Armuelles. However, there are several ATM’s in town where you could access funds from that bank using your debit or credit card.
Do any banks in Puerto Armulles handle cash advance on credit cards?
There are half a dozen ATMs in town where you can get a cash advance on your card.