Dear Scott,
Thanks for your inquiry. As the requirements can change, and most banks require that you be resident in Panama, I recommend that you direct this question to your Panama attorney. (If you do not have one, remember contact information for the Rainelda Mata-Kelly firm is provided in the rolodex section of this, your Panama Insider website.) Also note that you may well need a recommendation from a Panama attorney or respected professional to be considered by a Panama bank. Kindly contact your attorney for more information and an updated list of requirements.
Best regards,
Jessica Ramesch