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Compare today's PAB to MMK (Panamanian Balboa to Myanmar Kyat) exchange rates

Panama
Myanmar (Burma)
PAB

Interbank Exchange Rate: 1 PAB = 2,099.9001 MMK
Updated about an hour ago

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All you need to know about Panamanian Balboa to Myanmar Kyat money transfers

Easily compare money transfer providers in one place to send money from Panama to Myanmar (Burma). Send money overseas to your loved ones by comparing Panamanian Balboa (PAB) to Myanmar Kyat (MMK) 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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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 MMK Conversion Rates

Here are some latest PAB to MMK (Panamanian Balboa to Myanmar Kyat) exchange rates for popular conversion amounts*.

1 PAB2,099.90 MMK
5 PAB10,499.50 MMK
10 PAB20,999.00 MMK
25 PAB52,497.50 MMK
50 PAB104,995.00 MMK
100 PAB209,990.01 MMK
150 PAB314,985.01 MMK
200 PAB419,980.02 MMK
250 PAB524,975.02 MMK
300 PAB629,970.03 MMK
400 PAB839,960.04 MMK
500 PAB1,049,950.05 MMK
600 PAB1,259,940.06 MMK
700 PAB1,469,930.07 MMK
800 PAB1,679,920.08 MMK
1,000 PAB2,099,900.10 MMK
1,500 PAB3,149,850.15 MMK
2,000 PAB4,199,800.20 MMK
2,500 PAB5,249,750.25 MMK
3,000 PAB6,299,700.30 MMK
4,000 PAB8,399,600.40 MMK
5,000 PAB10,499,500.50 MMK
10,000 PAB20,999,001.00 MMK
15,000 PAB31,498,501.50 MMK
20,000 PAB41,998,002.00 MMK
30,000 PAB62,997,003.00 MMK
40,000 PAB83,996,004.00 MMK
50,000 PAB104,995,005.00 MMK
100,000 PAB209,990,010.00 MMK

*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 Myanmar (Burma) from Panama?

It can be very confusing when sending money from Panama to Myanmar (Burma) given so many choices. Additionally, Panamanian Balboa to MMK exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Panama to Myanmar (Burma) as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Myanmar (Burma) from Panama. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Panamanian Balboa to Myanmar Kyat remittances.


How to get the best exchange rate for sending money from Panama to Myanmar (Burma)?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Myanmar (Burma) 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 Myanmar Kyat 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 Myanmar (Burma) corridor to give you more good choices for your next MMK 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 Myanmar (Burma)?

The final amount your recipient gets when you send PAB to MMK is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Panama to Myanmar (Burma) used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Myanmar Kyat is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Panamanian Balboa to Myanmar (Burma) exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to transfer money from Panama to Myanmar (Burma)?

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 MMK 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 Myanmar (Burma) 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 Myanmar (Burma) 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 Myanmar (Burma). But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Panama to Myanmar (Burma) fast?

It could be a stressful experience if you need to rush money quickly from Panama to Myanmar (Burma). How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert PAB to MMK. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Myanmar Kyat. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Panama to Myanmar (Burma) money transfers.


Which are the best money transfer companies to transfer money to Myanmar (Burma) from Panama?

Since the Panamanian Balboa to Myanmar Kyat 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 Myanmar (Burma). 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 MMK money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Myanmar (Burma) 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 Myanmar (Burma) transaction.


Step by step guide to transfer money to Myanmar (Burma) from Panama

There are many important aspects of Panama to Myanmar (Burma) 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 MMK 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 Myanmar (Burma) to validate that they get the money once the transaction clears.