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Compare today's PAB to USD (Panamanian Balboa to US Dollar) exchange rates

Panama
Micronesia
PAB

Interbank Exchange Rate: 1 PAB = 1.0000 USD
Updated about an hour ago

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All you need to know about Panamanian Balboa to US Dollar money transfers

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

Here are some latest PAB to USD (Panamanian Balboa to US Dollar) exchange rates for popular conversion amounts*.

1 PAB1.00 USD
5 PAB5.00 USD
10 PAB10.00 USD
25 PAB25.00 USD
50 PAB50.00 USD
100 PAB100.00 USD
150 PAB150.00 USD
200 PAB200.00 USD
250 PAB250.00 USD
300 PAB300.00 USD
400 PAB400.00 USD
500 PAB500.00 USD
600 PAB600.00 USD
700 PAB700.00 USD
800 PAB800.00 USD
1,000 PAB1,000.00 USD
1,500 PAB1,500.00 USD
2,000 PAB2,000.00 USD
2,500 PAB2,500.00 USD
3,000 PAB3,000.00 USD
4,000 PAB4,000.00 USD
5,000 PAB5,000.00 USD
10,000 PAB10,000.00 USD
15,000 PAB15,000.00 USD
20,000 PAB20,000.00 USD
30,000 PAB30,000.00 USD
40,000 PAB40,000.00 USD
50,000 PAB50,000.00 USD
100,000 PAB100,000.00 USD

*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 Micronesia?

There are many good choices when it comes to sending money from Panama to Micronesia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Panamanian Balboa to USD money transfers.

We compare different remittance companies to bring you the best options to send money to Micronesia from Panama. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Panamanian Balboa to United States Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Panama to Micronesia?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Micronesia 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 United States Dollar 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 Micronesia corridor to give you more good choices for your next USD money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to Micronesia 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 Micronesia 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 United States Dollar 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 Micronesia 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 USD remittances.


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

Bank transfers have been a traditionally popular way to send money overseas from Panama to Micronesia. 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 USD 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 Micronesia 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 to Micronesia from Panama fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Panama to Micronesia. 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 USD 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 Micronesia. 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 United States Dollar quickly to Micronesia, 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 from Panama to Micronesia?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Panama to Micronesia, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Panamanian Balboa to United States Dollar exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your USD money transfers to Micronesia. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Micronesia getting more money for every Panamanian Balboa you send.


Step by step guide to send money from Panama to Micronesia

There are many important aspects of Panama to Micronesia remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Panama bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include USD bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Panamanian Balboa amount you want to send from Panama.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Micronesia to validate that they get the money once the transaction clears.