🇵🇦 Latin America
Multi-currency business accounts in Panama
4 of the providers we track offer this to businesses registered in Panama: Bridge, Payoneer, PayPal, Rapyd. With limits: Flutterwave. Not confirmed for Panama: BVNK.
Virtual accounts that give each customer fiat deposit details in USD, EUR, MXN, BRL, GBP or COP.
Receiving accounts in USD, EUR, GBP and other major currencies.
Hold balances in 20+ currencies inside a PayPal business account.
Every Rapyd client gets a Rapyd Wallet: a multi-currency balance with fiat and stablecoin support, sub-accounts, and virtual account numbers (vIBANs and local formats) for receiving transfers. Rapyd also documents a separate Rapyd Business Account for Hong Kong businesses (HKD, USD, EUR and GBP balances; HK, UK and Europe receiving accounts).
Virtual account numbers for receiving NGN and GHS bank transfers (by default for merchants in Nigeria and Ghana; others must ask). NGN-only wallets (payout subaccounts) can be created for your users. Flutterwave also holds a Nigerian microfinance banking licence and offers a Flutterwave MFB business account.
May work, not yet reviewed for Panama: BVNK.
Offer this, but not to businesses in Panama: Adyen, Airwallex, Mercado Pago, Mercury, Paystack, Razorpay, Stripe, Wise Business, Xendit.
Multi-currency account in Panama: common questions
Which providers can a business in Panama use to hold multiple currencies?
4 of the providers we track offer this to businesses registered in Panama: Bridge, Payoneer, PayPal, Rapyd. With limits: Flutterwave. Not confirmed for Panama: BVNK.
More for businesses in Panama