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

Compare today's GBP to PAB (British Pound to Panamanian Balboa) exchange rates

Guernsey
Panama
GBP

Interbank Exchange Rate: 1 GBP = 1.3716 PAB
Updated about an hour ago

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All you need to know about British Pound to Panamanian Balboa money transfers

Easily compare money transfer providers in one place to send money from Guernsey to Panama. Send money overseas to your loved ones by comparing British Pound (GBP) 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 Guernsey.

Were you looking to send money from Panama to Guernsey 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 GBP to PAB Conversion Rates

Here are some latest GBP to PAB (British Pound to Panamanian Balboa) exchange rates for popular conversion amounts*.

1 GBP1.37 PAB
5 GBP6.86 PAB
10 GBP13.72 PAB
25 GBP34.29 PAB
50 GBP68.58 PAB
100 GBP137.16 PAB
150 GBP205.74 PAB
200 GBP274.32 PAB
250 GBP342.90 PAB
300 GBP411.48 PAB
400 GBP548.64 PAB
500 GBP685.80 PAB
600 GBP822.96 PAB
700 GBP960.12 PAB
800 GBP1,097.28 PAB
1,000 GBP1,371.60 PAB
1,500 GBP2,057.40 PAB
2,000 GBP2,743.20 PAB
2,500 GBP3,429.00 PAB
3,000 GBP4,114.80 PAB
4,000 GBP5,486.40 PAB
5,000 GBP6,858.00 PAB
10,000 GBP13,716.00 PAB
15,000 GBP20,574.00 PAB
20,000 GBP27,432.00 PAB
30,000 GBP41,148.00 PAB
40,000 GBP54,864.00 PAB
50,000 GBP68,580.00 PAB
100,000 GBP137,160.00 PAB

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


What's the best way to do Guernsey to Panama money transfers?

Sending money internationally to Panama from Guernsey can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your British Pound to PAB remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Panama. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Panamanian Balboa.


How to get the best exchange rate for sending money from Guernsey to Panama?

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 GBP 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 Guernsey 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 GBP 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 send money to Panama from Guernsey?

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 Guernsey 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 British Pound 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 Guernsey 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 GBP to PAB remittances.


Should I use my bank to send money from Guernsey 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 Guernsey 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 GBP to PAB transfers.

Given this, there are umpteen additional options to send money to Panama instead of just your Guernsey 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 British Pound even more so that your recipient in Panama gets the maximum amount.


What is the fastest way to do a money transfer to Panama from Guernsey?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Guernsey 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 GBP 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 British Pound 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 send money from Guernsey to Panama?

The first step in selecting the best money transfer operators for Guernsey to Panama remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for British Pound to Panamanian Balboa money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Panama.


Step by step guide to send money to Panama from Guernsey

Follow the below easy steps to send money to Panama from Guernsey.

  • 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 Guernsey 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.

The provider will then work on your GBP to PAB remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.