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

Compare today's PAB to BRL (Panamanian Balboa to Brazilian Real) exchange rates

Panama
Brazil
PAB

Interbank Exchange Rate: 1 PAB = 5.2393 BRL
Updated about an hour ago

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All you need to know about Panamanian Balboa to Brazilian Real money transfers

Easily compare money transfer providers in one place to send money from Panama to Brazil. Send money overseas to your loved ones by comparing Panamanian Balboa (PAB) to Brazilian Real (BRL) 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 Brazil 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 BRL Conversion Rates

Here are some latest PAB to BRL (Panamanian Balboa to Brazilian Real) exchange rates for popular conversion amounts*.

1 PAB5.24 BRL
5 PAB26.20 BRL
10 PAB52.39 BRL
25 PAB130.98 BRL
50 PAB261.97 BRL
100 PAB523.93 BRL
150 PAB785.90 BRL
200 PAB1,047.86 BRL
250 PAB1,309.83 BRL
300 PAB1,571.79 BRL
400 PAB2,095.72 BRL
500 PAB2,619.65 BRL
600 PAB3,143.58 BRL
700 PAB3,667.51 BRL
800 PAB4,191.44 BRL
1,000 PAB5,239.30 BRL
1,500 PAB7,858.95 BRL
2,000 PAB10,478.60 BRL
2,500 PAB13,098.25 BRL
3,000 PAB15,717.90 BRL
4,000 PAB20,957.20 BRL
5,000 PAB26,196.50 BRL
10,000 PAB52,393.00 BRL
15,000 PAB78,589.50 BRL
20,000 PAB104,786.00 BRL
30,000 PAB157,179.00 BRL
40,000 PAB209,572.00 BRL
50,000 PAB261,965.00 BRL
100,000 PAB523,930.00 BRL

*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 Brazil from Panama?

Sending money internationally to Brazil from Panama can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Panamanian Balboa to BRL remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Brazil. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Brazilian Real.


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

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Brazil from Panama.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your PAB to Brazilian Real remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for PAB to BRL remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


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

One of the most important things to watch out for is hidden fees when sending money to Brazil from Panama. 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 Brazil using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Brazilian Real foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best PAB to Brazil 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 Brazil from Panama.


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

Big banks in Panama are known to make a lot of money by charging high fees on Brazil money transfers from Panama. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a PAB to BRL exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Brazil. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Panama to Brazil. You work hard for your money, so you should also ensure you get the maximum yield when you send BRL overseas.


How to send money from Panama to Brazil fast?

The speed of your Panamanian Balboa to Brazilian Real funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert PAB to BRL. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Brazil from Panama is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Brazil if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout BRL into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Panama bank to Brazil bank transfer.


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

Panama to Brazil 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 Brazil 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 Panamanian Balboa to Brazilian Real 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 do a money transfer from Panama to Brazil

With so many possible ways to transfer Panamanian Balboa to Brazilian Real, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Panama to Brazil remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Panama and the receiver in Brazil. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your PAB to Brazilian Real money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.