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Compare today's PAB to ZAR (Panamanian Balboa to South African Rand) exchange rates

Panama
South Africa
PAB

Interbank Exchange Rate: 1 PAB = 15.9234 ZAR
Updated about an hour ago

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All you need to know about Panamanian Balboa to South African Rand money transfers

Easily compare money transfer providers in one place to send money from Panama to South Africa. Send money overseas to your loved ones by comparing Panamanian Balboa (PAB) to South African Rand (ZAR) 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 South Africa 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 ZAR Conversion Rates

Here are some latest PAB to ZAR (Panamanian Balboa to South African Rand) exchange rates for popular conversion amounts*.

1 PAB15.92 ZAR
5 PAB79.62 ZAR
10 PAB159.23 ZAR
25 PAB398.09 ZAR
50 PAB796.17 ZAR
100 PAB1,592.34 ZAR
150 PAB2,388.51 ZAR
200 PAB3,184.68 ZAR
250 PAB3,980.85 ZAR
300 PAB4,777.02 ZAR
400 PAB6,369.36 ZAR
500 PAB7,961.70 ZAR
600 PAB9,554.04 ZAR
700 PAB11,146.38 ZAR
800 PAB12,738.72 ZAR
1,000 PAB15,923.40 ZAR
1,500 PAB23,885.10 ZAR
2,000 PAB31,846.80 ZAR
2,500 PAB39,808.50 ZAR
3,000 PAB47,770.20 ZAR
4,000 PAB63,693.60 ZAR
5,000 PAB79,617.00 ZAR
10,000 PAB159,234.00 ZAR
15,000 PAB238,851.00 ZAR
20,000 PAB318,468.00 ZAR
30,000 PAB477,702.00 ZAR
40,000 PAB636,936.00 ZAR
50,000 PAB796,170.00 ZAR
100,000 PAB1,592,340.00 ZAR

*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 South Africa from Panama?

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 South Africa. 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 ZAR.

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 ZAR in South Africa. 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 South Africa from Panama. We provide you with maximum choices to send money to South Africa by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to South Africa from Panama?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Panama to South Africa transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your PAB to South African Rand international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Panamanian Balboa to South African Rand exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money to South Africa from Panama?

The final amount your recipient gets when you send PAB to ZAR 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 South Africa 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 South African Rand 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 South Africa 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 South Africa?

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

It could be a stressful experience if you need to rush money quickly from Panama to South Africa. 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 ZAR. 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 South African Rand. 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 South Africa money transfers.


Which are the best money transfer companies to transfer money to South Africa from Panama?

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 South Africa, 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 South African Rand 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 ZAR money transfers to South Africa. 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 South Africa getting more money for every Panamanian Balboa you send.


Step by step guide to do a money transfer from Panama to South Africa

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Panama to South Africa, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Panama to South Africa that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in South Africa where they can receive monies in South African Rand.
  • Then, provide details of your Panama bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your PAB travel to another part of the globe.