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Compare today's USD to PAB (US Dollar to Panamanian Balboa) exchange rates

Micronesia
Panama
USD

Interbank Exchange Rate: 1 USD = 1.0000 PAB
Updated about 1 hours ago

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All you need to know about US Dollar to Panamanian Balboa money transfers

Easily compare money transfer providers in one place to send money from Micronesia to Panama. Send money overseas to your loved ones by comparing US Dollar (USD) 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 Micronesia.

Were you looking to send money from Panama to Micronesia 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 USD to PAB Conversion Rates

Here are some latest USD to PAB (US Dollar to Panamanian Balboa) exchange rates for popular conversion amounts*.

1 USD1.00 PAB
5 USD5.00 PAB
10 USD10.00 PAB
25 USD25.00 PAB
50 USD50.00 PAB
100 USD100.00 PAB
150 USD150.00 PAB
200 USD200.00 PAB
250 USD250.00 PAB
300 USD300.00 PAB
400 USD400.00 PAB
500 USD500.00 PAB
600 USD600.00 PAB
700 USD700.00 PAB
800 USD800.00 PAB
1,000 USD1,000.00 PAB
1,500 USD1,500.00 PAB
2,000 USD2,000.00 PAB
2,500 USD2,500.00 PAB
3,000 USD3,000.00 PAB
4,000 USD4,000.00 PAB
5,000 USD5,000.00 PAB
10,000 USD10,000.00 PAB
15,000 USD15,000.00 PAB
20,000 USD20,000.00 PAB
30,000 USD30,000.00 PAB
40,000 USD40,000.00 PAB
50,000 USD50,000.00 PAB
100,000 USD100,000.00 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 Micronesia to Panama?

There are many good choices when it comes to sending money from Micronesia to Panama. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your United States Dollar to PAB money transfers.

We compare different remittance companies to bring you the best options to send money to Panama from Micronesia. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your United States Dollar to Panamanian Balboa money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Micronesia 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 Micronesia 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 USD 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 United States Dollar 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 Micronesia to Panama?

One of the most important things to watch out for is hidden fees when sending money to Panama from Micronesia. 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 USD 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 Micronesia.


Should I use my bank to transfer money from Micronesia 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 Micronesia 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 USD to PAB transfers.

Given this, there are umpteen additional options to send money to Panama instead of just your Micronesia 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 United States Dollar even more so that your recipient in Panama gets the maximum amount.


How to send money to Panama from Micronesia fast?

If you need to convert USD to PAB as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Micronesia to Panama could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your United States Dollar to Panamanian Balboa funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Panama.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Micronesia to Panama. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

Since the United States Dollar 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 Micronesia 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 USD 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 Micronesia to Panama transaction.


Step by step guide to do a money transfer from Micronesia to Panama

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

  • 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 Micronesia 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 USD 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.