Compare today's GTQ to PAB (Guatemalan Quetzal to Panamanian Balboa) exchange rates
Interbank Exchange Rate: 1 GTQ = 0.1304 PAB
Updated about an hour ago
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All you need to know about Guatemalan Quetzal to Panamanian Balboa money transfers
Easily compare money transfer providers in one place to send money from Guatemala to Panama. Send money overseas to your loved ones by comparing Guatemalan Quetzal (GTQ) 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.
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Latest GTQ to PAB Conversion Rates
Here are some latest GTQ to PAB (Guatemalan Quetzal to Panamanian Balboa) exchange rates for popular conversion amounts*.
| 1 GTQ | 0.13 PAB |
| 5 GTQ | 0.65 PAB |
| 10 GTQ | 1.30 PAB |
| 25 GTQ | 3.26 PAB |
| 50 GTQ | 6.52 PAB |
| 100 GTQ | 13.04 PAB |
| 150 GTQ | 19.56 PAB |
| 200 GTQ | 26.08 PAB |
| 250 GTQ | 32.60 PAB |
| 300 GTQ | 39.12 PAB |
| 400 GTQ | 52.16 PAB |
| 500 GTQ | 65.20 PAB |
| 600 GTQ | 78.24 PAB |
| 700 GTQ | 91.28 PAB |
| 800 GTQ | 104.32 PAB |
| 1,000 GTQ | 130.40 PAB |
| 1,500 GTQ | 195.60 PAB |
| 2,000 GTQ | 260.80 PAB |
| 2,500 GTQ | 326.00 PAB |
| 3,000 GTQ | 391.20 PAB |
| 4,000 GTQ | 521.60 PAB |
| 5,000 GTQ | 652.00 PAB |
| 10,000 GTQ | 1,304.00 PAB |
| 15,000 GTQ | 1,956.00 PAB |
| 20,000 GTQ | 2,608.00 PAB |
| 30,000 GTQ | 3,912.00 PAB |
| 40,000 GTQ | 5,216.00 PAB |
| 50,000 GTQ | 6,520.00 PAB |
| 100,000 GTQ | 13,040.00 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 to Panama from Guatemala?
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 Guatemala 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 Guatemalan Quetzal 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 GTQ 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 Guatemala. 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 remit rate for transferring money from Guatemala to Panama?
With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Guatemala to Panama transfers.RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your GTQ to Panamanian Balboa international money transfers.
To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Guatemalan Quetzal to Panamanian Balboa exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.
What's the cheapest way to transfer money from Guatemala to Panama?
The final amount your recipient gets when you send GTQ to PAB is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.Before the dawn of the modern internet era, traditional methods to send money from Guatemala to Panama used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.
A great way to find the cheapest options to send Panamanian Balboa is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Guatemalan Quetzal to Panama exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.
Should I use my bank to send money from Guatemala to Panama?
One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Guatemala to Panama money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like GTQ to PAB transfers.
Given this, there are umpteen additional options to send money to Panama instead of just your Guatemala bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Guatemalan Quetzal even more so that your recipient in Panama gets the maximum amount.
How to send money from Guatemala to Panama fast?
The first thing to do when you need to convert GTQ to PAB quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.The harder part might be how to identify which providers can execute fast funds transfers between Guatemalan Quetzal and Panamanian Balboa. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.
To help demystify the unknowns in the end to end Guatemala to Panama remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Panama.
Which are the best money transfer companies to transfer money to Panama from Guatemala?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Guatemala to Panama, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Guatemalan Quetzal to Panamanian Balboa exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your PAB money transfers to Panama. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Panama getting more money for every Guatemalan Quetzal you send.
Step by step guide to send money to Panama from Guatemala
Follow the below easy steps to send money to Panama from Guatemala.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Guatemala bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Panama).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.