Are there banks in Boquete?
Yes, we have 4 banks in this small town. One is a Panama National bank and the others are private. They issue Clave and visa cards, which give you access to cash at the one ATM in town. The interest on deposits usually is 2-3% higher than in the US. Global bank here has Internet service, which makes it quite convenient. The banks will require background information and references but they are much less stringent than the banks in Panama City. Remember that Panama is the only country where the US dollar is the official currency and the banks of course pay interest in US dollars. This is a major advantage to say Costa Rica where the Colones are the currency. You have exchange controls and charges that you do not have to deal with in Panama.
