Panama's dollarised economy and sophisticated banking sector (Banco General, BAC Credomatic, Banistmo, Global Bank) support card, bank-transfer and e-wallet rails, with Yappy dominant in mobile payments. SBP regulates banks and PSPs. Post-FATF, correspondent banks scrutinise Panama transactions more closely and debanking of new gambling operators remains an elevated, documented risk.
Jurisdictions › Panama › Payments and banking
Panama · Question 06 of 11
Payments and banking: Can we move player money?
Mixed · Probable · AI-generated · Back to full Panama report →
Key section parameters
| Jurisdiction | Panama (PA) |
|---|---|
| Regulator | Recorded in register |
| Favourability | Mixed |
| Confidence | Probable |
| Review status | AI-generated |
| Last collected | 18 Oct 2026 |
Summary answer
Panama's dollarised economy and sophisticated banking sector (Banco General, BAC Credomatic, Banistmo, Global Bank) support card, bank-transfer and e-wallet rails, with Yappy dominant in mobile payments. SBP regulates banks and PSPs. Post-FATF, correspondent banks scrutinise Panama transactions more…