Compare today's PAB to BIF (Panamanian Balboa to Burundian Franc) exchange rates
Interbank Exchange Rate: 1 PAB = 2,953.0918 BIF
Updated about an hour ago
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All you need to know about Panamanian Balboa to Burundian Franc money transfers
Easily compare money transfer providers in one place to send money from Panama to Burundi. Send money overseas to your loved ones by comparing Panamanian Balboa (PAB) to Burundian Franc (BIF) 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.
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Latest PAB to BIF Conversion Rates
Here are some latest PAB to BIF (Panamanian Balboa to Burundian Franc) exchange rates for popular conversion amounts*.
| 1 PAB | 2,953.09 BIF |
| 5 PAB | 14,765.46 BIF |
| 10 PAB | 29,530.92 BIF |
| 25 PAB | 73,827.30 BIF |
| 50 PAB | 147,654.59 BIF |
| 100 PAB | 295,309.18 BIF |
| 150 PAB | 442,963.77 BIF |
| 200 PAB | 590,618.36 BIF |
| 250 PAB | 738,272.95 BIF |
| 300 PAB | 885,927.54 BIF |
| 400 PAB | 1,181,236.72 BIF |
| 500 PAB | 1,476,545.90 BIF |
| 600 PAB | 1,771,855.08 BIF |
| 700 PAB | 2,067,164.26 BIF |
| 800 PAB | 2,362,473.44 BIF |
| 1,000 PAB | 2,953,091.80 BIF |
| 1,500 PAB | 4,429,637.70 BIF |
| 2,000 PAB | 5,906,183.60 BIF |
| 2,500 PAB | 7,382,729.50 BIF |
| 3,000 PAB | 8,859,275.40 BIF |
| 4,000 PAB | 11,812,367.20 BIF |
| 5,000 PAB | 14,765,459.00 BIF |
| 10,000 PAB | 29,530,918.00 BIF |
| 15,000 PAB | 44,296,377.00 BIF |
| 20,000 PAB | 59,061,836.00 BIF |
| 30,000 PAB | 88,592,754.00 BIF |
| 40,000 PAB | 118,123,672.00 BIF |
| 50,000 PAB | 147,654,590.00 BIF |
| 100,000 PAB | 295,309,180.00 BIF |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do Panama to Burundi money transfers?
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 Panama to Burundi. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Panamanian Balboa to BIF.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 PAB to BIF in Burundi. 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 Burundi from Panama. We provide you with maximum choices to send money to Burundi by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best exchange rate for sending money from Panama to Burundi?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Burundi from Panama. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.One way you could eliminate the manual work to search and compare providers for your PAB to Burundian Franc money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.
We are also constantly adding new partners for the Panama to Burundi corridor to give you more good choices for your next BIF money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to transfer money from Panama to Burundi?
One of the most important things to watch out for is hidden fees when sending money to Burundi 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 Burundi using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Burundian Franc foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best PAB to Burundi 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 Burundi from Panama.
Should I use my bank to send money from Panama to Burundi?
Bank transfers have been a traditionally popular way to send money overseas from Panama to Burundi. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the PAB to BIF exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Panama bank for your Burundi money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
How to send money from Panama to Burundi fast?
The speed of your Panamanian Balboa to Burundian Franc 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 BIF. 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 Burundi 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 Burundi 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 BIF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Panama bank to Burundi bank transfer.
Which are the best money transfer companies to send money to Burundi from Panama?
The first step in selecting the best money transfer operators for Panama to Burundi 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 Panamanian Balboa to Burundian Franc 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 Burundi.
Step by step guide to send money from Panama to Burundi
The first step to send money to Burundi from Panama 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 PAB to BIF 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 Burundi if paying via ACH direct deposit or bank transfer.
- Enter your sending amount, and initiate a transaction.
- Pay for your transaction via your Panama bank account or alternative methods like a debit card.
- Sit back and relax, and see your money travel to Burundi!