Sign a series of documents and declarations

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After completing the form, you will be asked to sign a series of documents: the application for opening an account; a declaration of compliance (with the bank's policies and regulations); and in some cases the banking services contract, which details the fees and commissions associated with the account you are about to open.

Make the initial deposit
Remember that the bank will most likely kenya phone number library require an initial deposit to activate the account. Also, don't forget that in some cases you may be charged a monthly maintenance fee if your balance is below a set minimum amount.

Account verification and approval
Once you submit all the documentation and make the initial deposit, the bank will proceed to verify your information. The process is fairly quick, but it can take up to a week (depending on the institution and whether you are an international client). During this stage, the bank may ask you for more information if it deems it necessary.

Once your account is approved, you will receive full access to banking services. This includes a debit or credit card (if applicable), online banking access, checks (if you have a checking account), and any other services associated with the type of account you have opened.

With your account active and all services in order, you are now ready to start enjoying the benefits of Panama's banking system. You will be able to withdraw money from ATMs, make payments, transfers or investments. In addition, if your account is a business account, you will be able to start managing payments to suppliers, salaries, etc.