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Compare today's PAB to CNY (Panamanian Balboa to Chinese Yuan) exchange rates

Panama
China
PAB

Interbank Exchange Rate: 1 PAB = 6.9376 CNY
Updated about an hour ago

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All you need to know about Panamanian Balboa to Chinese Yuan money transfers

Easily compare money transfer providers in one place to send money from Panama to China. Send money overseas to your loved ones by comparing Panamanian Balboa (PAB) to Chinese Yuan (CNY) 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 China 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 CNY Conversion Rates

Here are some latest PAB to CNY (Panamanian Balboa to Chinese Yuan) exchange rates for popular conversion amounts*.

1 PAB6.94 CNY
5 PAB34.69 CNY
10 PAB69.38 CNY
25 PAB173.44 CNY
50 PAB346.88 CNY
100 PAB693.76 CNY
150 PAB1,040.64 CNY
200 PAB1,387.52 CNY
250 PAB1,734.40 CNY
300 PAB2,081.28 CNY
400 PAB2,775.04 CNY
500 PAB3,468.80 CNY
600 PAB4,162.56 CNY
700 PAB4,856.32 CNY
800 PAB5,550.08 CNY
1,000 PAB6,937.60 CNY
1,500 PAB10,406.40 CNY
2,000 PAB13,875.20 CNY
2,500 PAB17,344.00 CNY
3,000 PAB20,812.80 CNY
4,000 PAB27,750.40 CNY
5,000 PAB34,688.00 CNY
10,000 PAB69,376.00 CNY
15,000 PAB104,064.00 CNY
20,000 PAB138,752.00 CNY
30,000 PAB208,128.00 CNY
40,000 PAB277,504.00 CNY
50,000 PAB346,880.00 CNY
100,000 PAB693,760.00 CNY

*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 China from Panama?

With the global remittance market booming, there are so many choices for Panamanian Balboa to CNY 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 China 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 CNY 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 remit rate for transferring money from Panama to China?

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 China from Panama.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your PAB to Chinese Yuan 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 CNY 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 for transferring money to China from Panama?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Panama to China via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Panamanian Balboa to Chinese Yuan remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Panama to China exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for PAB to CNY remittances.


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

We do not recommend using your local bank in Panama for your next PAB to CNY overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Panama to China (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending CNY to China. These companies will let you use your local bank account in Panama to pay for your China money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to transfer money from Panama to China?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Panama to China. 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 PAB to CNY 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 Panamanian Balboa amount reaching China. 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 Chinese Yuan quickly to China, 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 to China from Panama?

Since the Panamanian Balboa to Chinese Yuan 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 Panama that may also be able to send money to China. 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 PAB to CNY money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in China gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Panama to China transaction.


Step by step guide to transfer money to China from Panama

With so many possible ways to transfer Panamanian Balboa to Chinese Yuan, 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 China 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 China. 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 Chinese Yuan money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.