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

Compare today's XCD to PAB (East Caribbean Dollar to Panamanian Balboa) exchange rates

Montserrat
Panama
XCD

Interbank Exchange Rate: 1 XCD = 0.3701 PAB
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about East Caribbean Dollar to Panamanian Balboa money transfers

Easily compare money transfer providers in one place to send money from Montserrat to Panama. Send money overseas to your loved ones by comparing East Caribbean Dollar (XCD) 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 Montserrat.

Were you looking to send money from Panama to Montserrat 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 XCD to PAB Conversion Rates

Here are some latest XCD to PAB (East Caribbean Dollar to Panamanian Balboa) exchange rates for popular conversion amounts*.

1 XCD0.37 PAB
5 XCD1.85 PAB
10 XCD3.70 PAB
25 XCD9.25 PAB
50 XCD18.51 PAB
100 XCD37.01 PAB
150 XCD55.52 PAB
200 XCD74.02 PAB
250 XCD92.52 PAB
300 XCD111.03 PAB
400 XCD148.04 PAB
500 XCD185.05 PAB
600 XCD222.06 PAB
700 XCD259.07 PAB
800 XCD296.08 PAB
1,000 XCD370.10 PAB
1,500 XCD555.15 PAB
2,000 XCD740.20 PAB
2,500 XCD925.25 PAB
3,000 XCD1,110.30 PAB
4,000 XCD1,480.40 PAB
5,000 XCD1,850.50 PAB
10,000 XCD3,701.00 PAB
15,000 XCD5,551.50 PAB
20,000 XCD7,402.00 PAB
30,000 XCD11,103.00 PAB
40,000 XCD14,804.00 PAB
50,000 XCD18,505.00 PAB
100,000 XCD37,010.00 PAB

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


What's the best way to transfer money from Montserrat to Panama?

There are many good choices when it comes to sending money from Montserrat 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 East Caribbean Dollar to PAB money transfers.

We compare different remittance companies to bring you the best options to send money to Panama from Montserrat. 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 East Caribbean 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 rate to transfer money to Panama from Montserrat?

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 Montserrat 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 XCD 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 East Caribbean 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 send money to Panama from Montserrat?

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


Should I use my bank to transfer money from Montserrat 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 Montserrat 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 XCD to PAB transfers.

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


How to send money to Panama from Montserrat fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Montserrat 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 XCD 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 East Caribbean Dollar 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 Montserrat to Panama?

Since the East Caribbean 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 Montserrat 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 XCD 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 Montserrat to Panama transaction.


Step by step guide to transfer money to Panama from Montserrat

There are many important aspects of Montserrat to Panama remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Montserrat bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include PAB bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much East Caribbean Dollar amount you want to send from Montserrat.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Panama to validate that they get the money once the transaction clears.