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Banking in Boquete

Hello all, My question is this. Will I be able to use my Chase Visa in Panama without changing banks?

.............Thanks.........JB

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Replies

  • It is good the clarification.  It resulted very strange for me that HSBC will be leaving Panama.  A very important an interesting market for them. 

  • HSBC will close all Panama operations by 4th quarter 2012.
    seems like they will be taken over by BanVivienda
    • Exactly, not closing, selling out to another bank. Wait for details before panic sets in/

      • Interesting.  Now the HSBC bank will belong to a colombian bank and it will make the biggest in the region.  I only wish that they improve their service to customers. 

         

      • I`ve just used my credit card to get cash out ,as most your purcheses are in cash in Boquete...I think my BoA debit card charged me $3 to take out $500 cash....not bad

  • Can anyone please provide me with the wire transfer address and numbers for HSBC in Boquete?

    Thanks

    • You should talk to HSBC as to how to modify this for your account

       

      HSBC BANK USA New York USA ABA FW021001088 Swift Code: MRMDUS33 

      BENEFICIARY BANK:
      HSBC BANK (Panamá), S.A. Bank Account:  000-14118-6 Swift: MIDLPAPA Universal ID: 415666 
      ULTIMATE BENEFICIARY:


      Account number in Panama: XXXXXXXXX

      Account name in Panama: (Account holders name) Ultimate Beneficiary address in Panama: Boquete, Panama

      • My US bank is not HSBC but i have a acct with HSBC of Panama. I have tried speaking with HSBC International and have gotten nowhere.

        I need to deposit money in HSBC account somehow and cannot find any link on HSBC site for deposits or wire transfers.

        What do you suggest?

        Is the beneficiary bank info in previous posts the wire address i use?

        Thanks all

  • All right thats great news. That was my biggest worry, I can handle the fees...thats pretty normal.....Thanks..JB
  • Chase VISA and MC credit cards work here without fees beyond any your would see in the US. Unlike Citi or BA chase does not consider US dollars in Panama a foreign currency transaction.

    Chase Debit cards also work with two fees, $3 from the Panama Clave network regardless of withdrawal amount. Chases will also add a Non Chase ATM fee last I looked it was $5, that might be 1% since I withdrew $500.

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