"Intercuenta" Savings Account



Get daily interest with this type of savings account

Features:

  • Funds can only be transferred into and out of an account using Banistmo´s on-line banking facilities
  • In order to open an "Intercuenta" Savings Account you must hold a savings or checking account with the Bank so as to be able to transfer funds on-line.
  • "Intercuenta" Savings Accounts cannot be used to withdraw cash at an ATM.

No minimum opening deposit:

  • Only private individuals are eligible for this type of account.

Benefits and services

  • Interest accrues daily on this type of account providing a minimum balance of $500.00 is maintained.
  • You can check on your account via:
    • Our on-line banking facilities for personal accounts.
    • Our dedicated Help Line

Requirements for opening accounts:

Checking and savings accounts along with fixed-term deposits

In order to open a deposit account you must present the following documents:

Panamanian private individuals:

  • Original ID Card
  • Second valid ID document (driving license, Social Security Card, Employment Card).
  • A banking reference or verifiable personal references.
  • A completed account application form.

Foreign-born non-resident private individuals:

  • Original passport
  • Resident permit or green card.
  • 2 banking references, one of which must attest to a minimum of two years with said bank.
  • Proof of income or evidence supporting the origin of the funds to be deposited
  • A completed account application form.

Foreign-born private individuals resident in Panama:

  • Original passport
  • Second valid ID document (driving license, Social Security Card, Employment Card).
  • A banking reference
  • A completed account application form.

Should these documents be issued abroad they must be duly apostilled or authenticated by an embassy or consulate.

The Bank may request other documents in addition to those stated above.

Accounts can only be opened subject to the Bank´s approval

FAQs

¿How much does the Bank charge for its services?

For more information on banking charges please consult the following sections:

  • Tariffs
  • Important Notices
  • Tools