Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's BHD to PAB (Bahraini Dinar to Panamanian Balboa) exchange rates

Bahrain
Panama
BHD

Interbank Exchange Rate: 1 BHD = 2.6524 PAB
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Bahraini Dinar to Panamanian Balboa money transfers

Easily compare money transfer providers in one place to send money from Bahrain to Panama. Send money overseas to your loved ones by comparing Bahraini Dinar (BHD) to Panamanian Balboa (PAB) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Bahrain.

Were you looking to send money from Panama to Bahrain instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest BHD to PAB Conversion Rates

Here are some latest BHD to PAB (Bahraini Dinar to Panamanian Balboa) exchange rates for popular conversion amounts*.

1 BHD2.65 PAB
5 BHD13.26 PAB
10 BHD26.52 PAB
25 BHD66.31 PAB
50 BHD132.62 PAB
100 BHD265.24 PAB
150 BHD397.86 PAB
200 BHD530.48 PAB
250 BHD663.10 PAB
300 BHD795.72 PAB
400 BHD1,060.96 PAB
500 BHD1,326.20 PAB
600 BHD1,591.44 PAB
700 BHD1,856.68 PAB
800 BHD2,121.92 PAB
1,000 BHD2,652.40 PAB
1,500 BHD3,978.60 PAB
2,000 BHD5,304.80 PAB
2,500 BHD6,631.00 PAB
3,000 BHD7,957.20 PAB
4,000 BHD10,609.60 PAB
5,000 BHD13,262.00 PAB
10,000 BHD26,524.00 PAB
15,000 BHD39,786.00 PAB
20,000 BHD53,048.00 PAB
30,000 BHD79,572.00 PAB
40,000 BHD106,096.00 PAB
50,000 BHD132,620.00 PAB
100,000 BHD265,240.00 PAB

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Bahrain to Panama?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Bahrain to Panama. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Bahraini Dinar to PAB.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send BHD to PAB in Panama. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Panama from Bahrain. We provide you with maximum choices to send money to Panama by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Panama from Bahrain?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Panama from Bahrain.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your BHD to Panamanian Balboa remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for BHD to PAB remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Bahrain to Panama?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Bahrain to Panama via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Bahraini Dinar to Panamanian Balboa remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Bahrain to Panama exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for BHD to PAB remittances.


Should I use my bank to send money from Bahrain to Panama?

We do not recommend using your local bank in Bahrain for your next BHD to PAB overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Bahrain to Panama (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending PAB to Panama. These companies will let you use your local bank account in Bahrain to pay for your Panama money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Bahrain to Panama fast?

It could be a stressful experience if you need to rush money quickly from Bahrain to Panama. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert BHD to PAB. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Panamanian Balboa. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Bahrain to Panama money transfers.


Which are the best money transfer companies to send money to Panama from Bahrain?

Since the Bahraini Dinar to Panamanian Balboa money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Bahrain that may also be able to send money to Panama. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your BHD to PAB money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Panama gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Bahrain to Panama transaction.


Step by step guide to send money from Bahrain to Panama

With so many possible ways to transfer Bahraini Dinar to Panamanian Balboa, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Bahrain to Panama remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Bahrain and the receiver in Panama. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your BHD to Panamanian Balboa money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.