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Compare today's PAB to XOF (Panamanian Balboa to CFA Franc BCEAO) exchange rates

Panama
Togo
PAB

Interbank Exchange Rate: 1 PAB = 554.1816 XOF
Updated about an hour ago

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All you need to know about Panamanian Balboa to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Panama to Togo. Send money overseas to your loved ones by comparing Panamanian Balboa (PAB) to CFA Franc BCEAO (XOF) 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 Togo 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 XOF Conversion Rates

Here are some latest PAB to XOF (Panamanian Balboa to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 PAB554.18 XOF
5 PAB2,770.91 XOF
10 PAB5,541.82 XOF
25 PAB13,854.54 XOF
50 PAB27,709.08 XOF
100 PAB55,418.16 XOF
150 PAB83,127.24 XOF
200 PAB110,836.32 XOF
250 PAB138,545.40 XOF
300 PAB166,254.48 XOF
400 PAB221,672.64 XOF
500 PAB277,090.80 XOF
600 PAB332,508.96 XOF
700 PAB387,927.12 XOF
800 PAB443,345.28 XOF
1,000 PAB554,181.60 XOF
1,500 PAB831,272.40 XOF
2,000 PAB1,108,363.20 XOF
2,500 PAB1,385,454.00 XOF
3,000 PAB1,662,544.80 XOF
4,000 PAB2,216,726.40 XOF
5,000 PAB2,770,908.00 XOF
10,000 PAB5,541,816.00 XOF
15,000 PAB8,312,724.00 XOF
20,000 PAB11,083,632.00 XOF
30,000 PAB16,625,448.00 XOF
40,000 PAB22,167,264.00 XOF
50,000 PAB27,709,080.00 XOF
100,000 PAB55,418,160.00 XOF

*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 Togo?

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 Togo. 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 XOF.

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


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

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 Togo.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Panama to Togo 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 CFA Franc BCEAO 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 Togo from Panama?

When you want to send money to Togo from Panama, you obviously want the cheapest possible option to maximize the money your recipient gets in CFA Franc BCEAO. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your PAB to XOF money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Panama to Togo. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Panama to Togo exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send CFA Franc BCEAO overseas.


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

We do not recommend using your local bank in Panama for your next PAB to XOF 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 Togo (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 XOF to Togo. These companies will let you use your local bank account in Panama to pay for your Togo money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Togo from Panama fast?

If you need to convert PAB to XOF as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Panama to Togo could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Panamanian Balboa to CFA Franc BCEAO funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Togo.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Panama to Togo. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money from Panama to Togo?

Comparing money transfer companies for sending money to Togo from Panama can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Togo. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Panamanian Balboa to CFA Franc BCEAO transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the CFA Franc BCEAO yield on every Panamanian Balboa that you send.


Step by step guide to send money from Panama to Togo

The first step to send money to Togo 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 XOF 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 Togo 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 Togo!

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 Togo.