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Compare today's PAB to XCD (Panamanian Balboa to East Caribbean Dollar) exchange rates

Panama
Grenada
PAB

Interbank Exchange Rate: 1 PAB = 2.7026 XCD
Updated about an hour ago

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All you need to know about Panamanian Balboa to East Caribbean Dollar money transfers

Easily compare money transfer providers in one place to send money from Panama to Grenada. Send money overseas to your loved ones by comparing Panamanian Balboa (PAB) to East Caribbean Dollar (XCD) 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 Grenada 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 XCD Conversion Rates

Here are some latest PAB to XCD (Panamanian Balboa to East Caribbean Dollar) exchange rates for popular conversion amounts*.

1 PAB2.70 XCD
5 PAB13.51 XCD
10 PAB27.03 XCD
25 PAB67.57 XCD
50 PAB135.13 XCD
100 PAB270.26 XCD
150 PAB405.39 XCD
200 PAB540.52 XCD
250 PAB675.65 XCD
300 PAB810.78 XCD
400 PAB1,081.04 XCD
500 PAB1,351.30 XCD
600 PAB1,621.56 XCD
700 PAB1,891.82 XCD
800 PAB2,162.08 XCD
1,000 PAB2,702.60 XCD
1,500 PAB4,053.90 XCD
2,000 PAB5,405.20 XCD
2,500 PAB6,756.50 XCD
3,000 PAB8,107.80 XCD
4,000 PAB10,810.40 XCD
5,000 PAB13,513.00 XCD
10,000 PAB27,026.00 XCD
15,000 PAB40,539.00 XCD
20,000 PAB54,052.00 XCD
30,000 PAB81,078.00 XCD
40,000 PAB108,104.00 XCD
50,000 PAB135,130.00 XCD
100,000 PAB270,260.00 XCD

*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 from Panama to Grenada?

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 Grenada. 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 XCD.

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 XCD in Grenada. 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 Grenada from Panama. We provide you with maximum choices to send money to Grenada 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 Grenada?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Grenada.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Panama to Grenada transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your PAB to East Caribbean Dollar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


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

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

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


Should I use my bank to send money from Panama to Grenada?

We do not recommend using your local bank in Panama for your next PAB to XCD 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 Grenada (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 XCD to Grenada. These companies will let you use your local bank account in Panama to pay for your Grenada 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 Grenada?

The speed of your Panamanian Balboa to East Caribbean Dollar 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 XCD. 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 Grenada 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 Grenada 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 XCD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Panama bank to Grenada bank transfer.


Which are the best money transfer companies to transfer money from Panama to Grenada?

Panama to Grenada 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 Grenada 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 East Caribbean Dollar 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 transfer money to Grenada from Panama

The first step to send money to Grenada 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 XCD 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 Grenada 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 Grenada!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Panama to Grenada.