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

Jersey
Panama
GBP

Interbank Exchange Rate: 1 GBP = 1.3663 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 Jersey 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 Jersey.

Were you looking to send money from Panama to Jersey 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 GBP6.83 PAB
10 GBP13.66 PAB
25 GBP34.16 PAB
50 GBP68.32 PAB
100 GBP136.63 PAB
150 GBP204.95 PAB
200 GBP273.26 PAB
250 GBP341.58 PAB
300 GBP409.89 PAB
400 GBP546.52 PAB
500 GBP683.15 PAB
600 GBP819.78 PAB
700 GBP956.41 PAB
800 GBP1,093.04 PAB
1,000 GBP1,366.30 PAB
1,500 GBP2,049.45 PAB
2,000 GBP2,732.60 PAB
2,500 GBP3,415.75 PAB
3,000 GBP4,098.90 PAB
4,000 GBP5,465.20 PAB
5,000 GBP6,831.50 PAB
10,000 GBP13,663.00 PAB
15,000 GBP20,494.50 PAB
20,000 GBP27,326.00 PAB
30,000 GBP40,989.00 PAB
40,000 GBP54,652.00 PAB
50,000 GBP68,315.00 PAB
100,000 GBP136,630.00 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 Jersey?

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 Jersey 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 British Pound 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 GBP 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 Jersey. 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 exchange rate for your money transfers from Jersey to Panama?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Panama.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Jersey to Panama transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your GBP to Panamanian Balboa money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money to Panama from Jersey?

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 Jersey 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 Jersey 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.


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

We do not recommend using your local bank in Jersey for your next GBP 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 Jersey 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 Jersey 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 Jersey to Panama fast?

It could be a stressful experience if you need to rush money quickly from Jersey 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 GBP 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 Jersey to Panama money transfers.


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

The first step in selecting the best money transfer operators for Jersey 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 from Jersey to Panama

The first step to send money to Panama from Jersey is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your GBP to PAB overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Panama if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Jersey bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Panama!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Jersey to Panama.