Compare today's EUR to PAB (Euro to Panamanian Balboa) exchange rates
Interbank Exchange Rate: 1 EUR = 1.1833 PAB
Updated about an hour ago
Found 1 Remittance Service Providers
1000 EUR =
1 145.20 PAB
Transfer Limit (EUR): 1 - 10000
Locked-In Rate1 EUR = 1.1452 PAB
0 Remit Service Providers did not match the search criteria.
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 Italy 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 Italy 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 1.1452.
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 Italy.
Were you looking to send money from Panama to Italy 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 EUR to PAB Conversion Rates
Here are some latest EUR to PAB (Euro to Panamanian Balboa) exchange rates for popular conversion amounts*.
| 1 EUR | 1.18 PAB |
| 5 EUR | 5.92 PAB |
| 10 EUR | 11.83 PAB |
| 25 EUR | 29.58 PAB |
| 50 EUR | 59.17 PAB |
| 100 EUR | 118.33 PAB |
| 150 EUR | 177.50 PAB |
| 200 EUR | 236.66 PAB |
| 250 EUR | 295.83 PAB |
| 300 EUR | 354.99 PAB |
| 400 EUR | 473.32 PAB |
| 500 EUR | 591.65 PAB |
| 600 EUR | 709.98 PAB |
| 700 EUR | 828.31 PAB |
| 800 EUR | 946.64 PAB |
| 1,000 EUR | 1,183.30 PAB |
| 1,500 EUR | 1,774.95 PAB |
| 2,000 EUR | 2,366.60 PAB |
| 2,500 EUR | 2,958.25 PAB |
| 3,000 EUR | 3,549.90 PAB |
| 4,000 EUR | 4,733.20 PAB |
| 5,000 EUR | 5,916.50 PAB |
| 10,000 EUR | 11,833.00 PAB |
| 15,000 EUR | 17,749.50 PAB |
| 20,000 EUR | 23,666.00 PAB |
| 30,000 EUR | 35,499.00 PAB |
| 40,000 EUR | 47,332.00 PAB |
| 50,000 EUR | 59,165.00 PAB |
| 100,000 EUR | 118,330.00 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 Italy 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 Italy 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 Italy. 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 Italy?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Panama from Italy. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.One way you could eliminate the manual work to search and compare providers for your EUR to Panamanian Balboa money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.
We are also constantly adding new partners for the Italy to Panama corridor to give you more good choices for your next PAB money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way for transferring money to Panama from Italy?
One of the most important things to watch out for is hidden fees when sending money to Panama from Italy. 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 Italy.
Should I use my bank to transfer money from Italy to Panama?
Bank transfers have been a traditionally popular way to send money overseas from Italy to Panama. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the EUR to PAB exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Italy bank for your Panama money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
What is the fastest way to transfer money from Italy to Panama?
It could be a stressful experience if you need to rush money quickly from Italy 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 EUR 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 Italy to Panama money transfers.
Which are the best money transfer companies to transfer money from Italy to Panama?
Italy to Panama money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Panama as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.
Once you have defined your parameters, selecting the best Euro to Panamanian Balboa money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.
Step by step guide to transfer money to Panama from Italy
Follow the below easy steps to send money to Panama from Italy.- 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 Italy 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.