Compare today's PAB to DOP (Panamanian Balboa to Dominican Peso) exchange rates
Interbank Exchange Rate: 1 PAB = 63.0000 DOP
Updated about an hour ago
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All you need to know about Panamanian Balboa to Dominican Peso money transfers
Easily compare money transfer providers in one place to send money from Panama to Dominican Republic. Send money overseas to your loved ones by comparing Panamanian Balboa (PAB) to Dominican Peso (DOP) 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.
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Latest PAB to DOP Conversion Rates
Here are some latest PAB to DOP (Panamanian Balboa to Dominican Peso) exchange rates for popular conversion amounts*.
| 1 PAB | 63.00 DOP |
| 5 PAB | 315.00 DOP |
| 10 PAB | 630.00 DOP |
| 25 PAB | 1,575.00 DOP |
| 50 PAB | 3,150.00 DOP |
| 100 PAB | 6,300.00 DOP |
| 150 PAB | 9,450.00 DOP |
| 200 PAB | 12,600.00 DOP |
| 250 PAB | 15,750.00 DOP |
| 300 PAB | 18,900.00 DOP |
| 400 PAB | 25,200.00 DOP |
| 500 PAB | 31,500.00 DOP |
| 600 PAB | 37,800.00 DOP |
| 700 PAB | 44,100.00 DOP |
| 800 PAB | 50,400.00 DOP |
| 1,000 PAB | 63,000.00 DOP |
| 1,500 PAB | 94,500.00 DOP |
| 2,000 PAB | 126,000.00 DOP |
| 2,500 PAB | 157,500.00 DOP |
| 3,000 PAB | 189,000.00 DOP |
| 4,000 PAB | 252,000.00 DOP |
| 5,000 PAB | 315,000.00 DOP |
| 10,000 PAB | 630,000.00 DOP |
| 15,000 PAB | 945,000.00 DOP |
| 20,000 PAB | 1,260,000.00 DOP |
| 30,000 PAB | 1,890,000.00 DOP |
| 40,000 PAB | 2,520,000.00 DOP |
| 50,000 PAB | 3,150,000.00 DOP |
| 100,000 PAB | 6,300,000.00 DOP |
*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 Dominican Republic money transfers?
Sending money internationally to Dominican Republic 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 DOP 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 Dominican Republic. 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 Dominican Peso.
How to get the best remit rate for transferring money from Panama to Dominican Republic?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your PAB to Dominican Peso money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Panama to Dominican Republic. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for PAB to DOP remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way to send money to Dominican Republic from Panama?
Finding the cheapest way to send money from Panama to Dominican Republic might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer PAB to DOP via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Panama to Dominican Republic exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
Should I use my bank to send money from Panama to Dominican Republic?
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 DOP 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 Dominican Republic 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 Dominican Republic 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 Dominican Republic. But, you are likely to get much better rates and lower fees compared to your bank.
How to send money to Dominican Republic from Panama fast?
The first thing to do when you need to convert PAB to DOP quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.The harder part might be how to identify which providers can execute fast funds transfers between Panamanian Balboa and Dominican Peso. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.
To help demystify the unknowns in the end to end Panama to Dominican Republic remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Dominican Republic.
Which are the best money transfer companies to send money from Panama to Dominican Republic?
Since the Panamanian Balboa to Dominican Peso 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 Dominican Republic. 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 DOP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Dominican Republic 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 Dominican Republic transaction.
Step by step guide to transfer money to Dominican Republic from Panama
Follow the below easy steps to send money to Dominican Republic from Panama.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Panama bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Dominican Republic).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.