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Compare today's PAB to BOB (Panamanian Balboa to Bolivian Boliviano) exchange rates

Panama
Bolivia
PAB

Interbank Exchange Rate: 1 PAB = 6.9136 BOB
Updated about an hour ago

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All you need to know about Panamanian Balboa to Bolivian Boliviano money transfers

Easily compare money transfer providers in one place to send money from Panama to Bolivia. Send money overseas to your loved ones by comparing Panamanian Balboa (PAB) to Bolivian Boliviano (BOB) 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 Panama.

Were you looking to send money from Bolivia to Panama 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 PAB to BOB Conversion Rates

Here are some latest PAB to BOB (Panamanian Balboa to Bolivian Boliviano) exchange rates for popular conversion amounts*.

1 PAB6.91 BOB
5 PAB34.57 BOB
10 PAB69.14 BOB
25 PAB172.84 BOB
50 PAB345.68 BOB
100 PAB691.36 BOB
150 PAB1,037.04 BOB
200 PAB1,382.72 BOB
250 PAB1,728.40 BOB
300 PAB2,074.08 BOB
400 PAB2,765.44 BOB
500 PAB3,456.80 BOB
600 PAB4,148.16 BOB
700 PAB4,839.52 BOB
800 PAB5,530.88 BOB
1,000 PAB6,913.60 BOB
1,500 PAB10,370.40 BOB
2,000 PAB13,827.20 BOB
2,500 PAB17,284.00 BOB
3,000 PAB20,740.80 BOB
4,000 PAB27,654.40 BOB
5,000 PAB34,568.00 BOB
10,000 PAB69,136.00 BOB
15,000 PAB103,704.00 BOB
20,000 PAB138,272.00 BOB
30,000 PAB207,408.00 BOB
40,000 PAB276,544.00 BOB
50,000 PAB345,680.00 BOB
100,000 PAB691,360.00 BOB

*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 Panama to Bolivia?

With the global remittance market booming, there are so many choices for Panamanian Balboa to BOB money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Bolivia from Panama. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final BOB amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for your money transfers from Panama to Bolivia?

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 Panama to Bolivia 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 PAB to Bolivian Boliviano 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 Panamanian Balboa to Bolivian Boliviano exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way for transferring money to Bolivia from Panama?

When you want to send money to Bolivia from Panama, you obviously want the cheapest possible option to maximize the money your recipient gets in Bolivian Boliviano. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your PAB to BOB money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Panama to Bolivia. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Panama to Bolivia exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Bolivian Boliviano overseas.


Should I use my bank to transfer money from Panama to Bolivia?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low PAB to BOB exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Panama to Bolivia money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Bolivia from Panama. They do this by letting you fund your transaction through your local bank account in Panama, and by allowing you to choose the payout to be your recipient's bank account in Bolivia. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Bolivia from Panama fast?

If you need to convert PAB to BOB 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 Panama to Bolivia 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 Panamanian Balboa to Bolivian Boliviano 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 Bolivia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Panama to Bolivia. 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 from Panama to Bolivia?

Comparing money transfer companies for sending money to Bolivia from Panama can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Bolivia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Panamanian Balboa to Bolivian Boliviano transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Bolivian Boliviano yield on every Panamanian Balboa that you send.


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

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Panama to Bolivia, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Panama to Bolivia that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Bolivia where they can receive monies in Bolivian Boliviano.
  • Then, provide details of your Panama bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your PAB travel to another part of the globe.