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

Compare today's EUR to PAB (Euro to Panamanian Balboa) exchange rates

Germany
Panama
EUR
Interbank Exchange Rate: 1 EUR = 1.1580 PAB
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 EUR =
1 123.70 PAB
Transfer Limit (EUR): 1 - 10000
Locked-In Rate1 EUR = 1.1237 PAB

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Euro to Panamanian Balboa money transfers

Easily compare money transfer providers in one place to send money from Germany to Panama. Send money overseas to your loved ones by comparing Euro (EUR) 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.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Germany to Panama.

The best rate to send Panamanian Balboa from Euro to your loved ones in Panama is currently offered by Ria Money Transfer; their 1 EUR to PAB exchange rate today is 1.1237.

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

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.

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.


Latest EUR to PAB Conversion Rates

Here are some latest EUR to PAB (Euro to Panamanian Balboa) exchange rates for popular conversion amounts*.

1 EUR1.16 PAB
5 EUR5.79 PAB
10 EUR11.58 PAB
25 EUR28.95 PAB
50 EUR57.90 PAB
100 EUR115.80 PAB
150 EUR173.70 PAB
200 EUR231.60 PAB
250 EUR289.50 PAB
300 EUR347.40 PAB
400 EUR463.20 PAB
500 EUR579.00 PAB
600 EUR694.80 PAB
700 EUR810.60 PAB
800 EUR926.40 PAB
1,000 EUR1,158.00 PAB
1,500 EUR1,737.00 PAB
2,000 EUR2,316.00 PAB
2,500 EUR2,895.00 PAB
3,000 EUR3,474.00 PAB
4,000 EUR4,632.00 PAB
5,000 EUR5,790.00 PAB
10,000 EUR11,580.00 PAB
15,000 EUR17,370.00 PAB
20,000 EUR23,160.00 PAB
30,000 EUR34,740.00 PAB
40,000 EUR46,320.00 PAB
50,000 EUR57,900.00 PAB
100,000 EUR115,800.00 PAB

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


What's the best way to transfer money from Germany 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 Germany 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 Euro 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 EUR 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 Germany. 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 Germany?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your EUR to Panamanian Balboa money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Germany to Panama. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for EUR to PAB remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

One of the most important things to watch out for is hidden fees when sending money to Panama from Germany. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Panama using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Panamanian Balboa foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best EUR to Panama exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Panama from Germany.


How to send money from Germany to Panama through a bank?

Big banks in Germany are known to make a lot of money by charging high fees on Panama money transfers from Germany. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a EUR to PAB exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Panama. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Germany to Panama. You work hard for your money, so you should also ensure you get the maximum yield when you send PAB overseas.


What is the fastest way to transfer money from Germany to Panama?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Germany to Panama. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert EUR to PAB fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Euro amount reaching Panama. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Panamanian Balboa quickly to Panama, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money to Panama from Germany?

Since the Euro 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 Germany 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 EUR 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 Germany to Panama transaction.


Step by step guide to transfer money to Panama from Germany

There are many important aspects of Germany to Panama remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Germany bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include PAB bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Euro amount you want to send from Germany.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Panama to validate that they get the money once the transaction clears.