Compare today's GBP to PAB (British Pound to Panamanian Balboa) exchange rates
Interbank Exchange Rate: 1 GBP = 1.3716 PAB
Updated about an hour ago
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All you need to know about British Pound to Panamanian Balboa money transfers
Easily compare money transfer providers in one place to send money from Pitcairn to Panama. Send money overseas to your loved ones by comparing British Pound (GBP) to Panamanian Balboa (PAB) 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 Pitcairn.
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Latest GBP to PAB Conversion Rates
Here are some latest GBP to PAB (British Pound to Panamanian Balboa) exchange rates for popular conversion amounts*.
| 1 GBP | 1.37 PAB |
| 5 GBP | 6.86 PAB |
| 10 GBP | 13.72 PAB |
| 25 GBP | 34.29 PAB |
| 50 GBP | 68.58 PAB |
| 100 GBP | 137.16 PAB |
| 150 GBP | 205.74 PAB |
| 200 GBP | 274.32 PAB |
| 250 GBP | 342.90 PAB |
| 300 GBP | 411.48 PAB |
| 400 GBP | 548.64 PAB |
| 500 GBP | 685.80 PAB |
| 600 GBP | 822.96 PAB |
| 700 GBP | 960.12 PAB |
| 800 GBP | 1,097.28 PAB |
| 1,000 GBP | 1,371.60 PAB |
| 1,500 GBP | 2,057.40 PAB |
| 2,000 GBP | 2,743.20 PAB |
| 2,500 GBP | 3,429.00 PAB |
| 3,000 GBP | 4,114.80 PAB |
| 4,000 GBP | 5,486.40 PAB |
| 5,000 GBP | 6,858.00 PAB |
| 10,000 GBP | 13,716.00 PAB |
| 15,000 GBP | 20,574.00 PAB |
| 20,000 GBP | 27,432.00 PAB |
| 30,000 GBP | 41,148.00 PAB |
| 40,000 GBP | 54,864.00 PAB |
| 50,000 GBP | 68,580.00 PAB |
| 100,000 GBP | 137,160.00 PAB |
*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 Panama from Pitcairn?
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 Pitcairn to Panama. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer British Pound to PAB.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 GBP to PAB in Panama. 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 Panama from Pitcairn. We provide you with maximum choices to send money to Panama 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 Pitcairn to 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 Pitcairn to Panama 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 GBP to Panamanian Balboa 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 British Pound to Panamanian Balboa 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 transfer money from Pitcairn to Panama?
Finding the cheapest way to send money from Pitcairn to Panama might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer GBP to PAB via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Pitcairn to Panama exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
Should I use my bank to send money from Pitcairn to Panama?
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 GBP to PAB 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 Pitcairn to Panama 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 Panama from Pitcairn. They do this by letting you fund your transaction through your local bank account in Pitcairn, and by allowing you to choose the payout to be your recipient's bank account in Panama. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to transfer money from Pitcairn to Panama?
The speed of your British Pound to Panamanian Balboa 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 GBP to PAB. 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 Panama from Pitcairn 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 Panama 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 PAB into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Pitcairn bank to Panama bank transfer.
Which are the best money transfer companies to transfer money to Panama from Pitcairn?
Comparing money transfer companies for sending money to Panama from Pitcairn 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 Panama. 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 British Pound to Panamanian Balboa 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 Panamanian Balboa yield on every British Pound that you send.
Step by step guide to transfer money to Panama from Pitcairn
Follow the below easy steps to send money to Panama from Pitcairn.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Pitcairn bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Panama).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.